Fushun Total Current Assets vs Long Term Debt Analysis

600399 Stock

6.65 0.05 0.76%

Fushun Special financial indicator trend analysis is much more than just examining Fushun Special Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fushun Special Steel is a good investment. Please check the relationship between Fushun Special Total Current Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fushun Special Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fushun Special Steel Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Fushun Special's Total Current Assets and Long Term Debt is -0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Fushun Special Steel, assuming nothing else is changed. The correlation between historical values of Fushun Special's Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Fushun Special Steel are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Fushun Special's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Fushun Special Steel has held for over one year. Long-term debt appears on Fushun Special Steel balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fushun Special Steel balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Fushun Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fushun Special Steel current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fushun Special Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of December 12, 2024, Selling General Administrative is expected to decline to about 71.7 M. The current year's Tax Provision is expected to grow to about (5.5 M)

	2021	2022	2023	2024 (projected)
Operating Income	934.9M	496.3M	518.9M	353.3M
Total Revenue	7.4B	7.8B	8.6B	5.4B

Operating Income Total Revenue

Fushun Special fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Intangible Assets	Other Liab	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt
Total Assets		0.33	0.55	0.12	0.11	0.6	0.59	0.32	-0.04	0.36	0.8	0.21	0.72	0.16	0.92	0.47	0.47	0.06	0.27	-0.13	-0.01	-0.07	0.0	0.31	-0.25	0.0
Other Current Liab	0.33		0.27	-0.24	-0.32	0.2	0.33	0.35	-0.13	0.17	0.31	0.64	0.34	-0.16	0.12	0.09	-0.18	-0.26	-0.18	0.08	-0.11	0.16	0.38	0.12	-0.12	0.38
Total Current Liabilities	0.55	0.27		-0.65	-0.48	0.97	0.9	0.71	-0.77	0.77	0.3	0.11	0.97	-0.53	0.37	-0.01	-0.17	-0.7	0.43	0.56	-0.76	0.66	0.45	0.43	-0.35	0.45
Total Stockholder Equity	0.12	-0.24	-0.65		0.84	-0.58	-0.52	-0.54	0.84	-0.58	0.29	-0.15	-0.54	0.81	0.24	0.26	0.69	0.98	-0.09	-0.85	0.84	-0.89	-0.73	-0.08	0.02	-0.73
Retained Earnings	0.11	-0.32	-0.48	0.84		-0.33	-0.25	-0.25	0.52	-0.61	0.45	-0.22	-0.44	0.43	0.27	-0.08	0.38	0.76	0.24	-0.67	0.52	-0.62	-0.46	0.27	-0.27	-0.46
Accounts Payable	0.6	0.2	0.97	-0.58	-0.33		0.94	0.69	-0.73	0.7	0.4	0.05	0.95	-0.54	0.48	-0.01	-0.15	-0.64	0.46	0.52	-0.72	0.62	0.45	0.46	-0.36	0.45
Cash	0.59	0.33	0.9	-0.52	-0.25	0.94		0.64	-0.67	0.54	0.42	0.16	0.89	-0.52	0.46	-0.04	-0.14	-0.58	0.41	0.38	-0.65	0.53	0.45	0.56	-0.5	0.45
Other Assets	0.32	0.35	0.71	-0.54	-0.25	0.69	0.64		-0.75	0.63	0.45	0.3	0.62	-0.7	0.15	-0.45	-0.56	-0.66	0.46	0.65	-0.75	0.74	0.67	0.38	-0.25	0.67
Long Term Debt	-0.04	-0.13	-0.77	0.84	0.52	-0.73	-0.67	-0.75		-0.57	0.05	-0.08	-0.61	0.89	0.13	0.44	0.68	0.91	-0.55	-0.8	1.0	-0.93	-0.76	-0.51	0.39	-0.76
Net Receivables	0.36	0.17	0.77	-0.58	-0.61	0.7	0.54	0.63	-0.57		0.08	0.08	0.75	-0.36	0.19	0.09	-0.16	-0.63	0.13	0.72	-0.58	0.66	0.43	-0.1	0.22	0.43
Inventory	0.8	0.31	0.3	0.29	0.45	0.4	0.42	0.45	0.05	0.08		0.14	0.42	0.09	0.81	0.08	0.25	0.2	0.38	-0.21	0.06	-0.15	-0.03	0.38	-0.28	-0.03
Other Current Assets	0.21	0.64	0.11	-0.15	-0.22	0.05	0.16	0.3	-0.08	0.08	0.14		0.16	-0.09	-0.05	0.22	-0.17	-0.19	-0.28	0.02	-0.07	0.14	0.4	-0.01	-0.17	0.4
Total Liab	0.72	0.34	0.97	-0.54	-0.44	0.95	0.89	0.62	-0.61	0.75	0.42	0.16		-0.36	0.55	0.18	0.02	-0.57	0.32	0.42	-0.59	0.5	0.34	0.35	-0.28	0.34
Common Stock	0.16	-0.16	-0.53	0.81	0.43	-0.54	-0.52	-0.7	0.89	-0.36	0.09	-0.09	-0.36		0.24	0.61	0.87	0.88	-0.39	-0.81	0.9	-0.91	-0.86	-0.38	0.25	-0.86
Property Plant Equipment	0.92	0.12	0.37	0.24	0.27	0.48	0.46	0.15	0.13	0.19	0.81	-0.05	0.55	0.24		0.41	0.53	0.21	0.25	-0.23	0.15	-0.22	-0.16	0.2	-0.13	-0.16
Intangible Assets	0.47	0.09	-0.01	0.26	-0.08	-0.01	-0.04	-0.45	0.44	0.09	0.08	0.22	0.18	0.61	0.41		0.69	0.31	-0.4	-0.32	0.45	-0.39	-0.32	-0.35	0.27	-0.32
Other Liab	0.47	-0.18	-0.17	0.69	0.38	-0.15	-0.14	-0.56	0.68	-0.16	0.25	-0.17	0.02	0.87	0.53	0.69		0.74	-0.14	-0.73	0.7	-0.78	-0.82	-0.13	0.05	-0.82
Net Tangible Assets	0.06	-0.26	-0.7	0.98	0.76	-0.64	-0.58	-0.66	0.91	-0.63	0.2	-0.19	-0.57	0.88	0.21	0.31	0.74		-0.21	-0.9	0.92	-0.96	-0.83	-0.18	0.09	-0.83
Non Current Assets Total	0.27	-0.18	0.43	-0.09	0.24	0.46	0.41	0.46	-0.55	0.13	0.38	-0.28	0.32	-0.39	0.25	-0.4	-0.14	-0.21		0.21	-0.54	0.34	0.2	0.81	-0.59	0.2
Non Currrent Assets Other	-0.13	0.08	0.56	-0.85	-0.67	0.52	0.38	0.65	-0.8	0.72	-0.21	0.02	0.42	-0.81	-0.23	-0.32	-0.73	-0.9	0.21		-0.83	0.95	0.8	-0.02	0.22	0.8
Non Current Liabilities Total	-0.01	-0.11	-0.76	0.84	0.52	-0.72	-0.65	-0.75	1.0	-0.58	0.06	-0.07	-0.59	0.9	0.15	0.45	0.7	0.92	-0.54	-0.83		-0.94	-0.77	-0.47	0.35	-0.77
Deferred Long Term Liab	-0.07	0.16	0.66	-0.89	-0.62	0.62	0.53	0.74	-0.93	0.66	-0.15	0.14	0.5	-0.91	-0.22	-0.39	-0.78	-0.96	0.34	0.95	-0.94		0.87	0.21	-0.07	0.87
Short Long Term Debt	0.0	0.38	0.45	-0.73	-0.46	0.45	0.45	0.67	-0.76	0.43	-0.03	0.4	0.34	-0.86	-0.16	-0.32	-0.82	-0.83	0.2	0.8	-0.77	0.87		0.23	-0.09	1.0
Total Current Assets	0.31	0.12	0.43	-0.08	0.27	0.46	0.56	0.38	-0.51	-0.1	0.38	-0.01	0.35	-0.38	0.2	-0.35	-0.13	-0.18	0.81	-0.02	-0.47	0.21	0.23		-0.88	0.23
Non Current Liabilities Other	-0.25	-0.12	-0.35	0.02	-0.27	-0.36	-0.5	-0.25	0.39	0.22	-0.28	-0.17	-0.28	0.25	-0.13	0.27	0.05	0.09	-0.59	0.22	0.35	-0.07	-0.09	-0.88		-0.09
Short Term Debt	0.0	0.38	0.45	-0.73	-0.46	0.45	0.45	0.67	-0.76	0.43	-0.03	0.4	0.34	-0.86	-0.16	-0.32	-0.82	-0.83	0.2	0.8	-0.77	0.87	1.0	0.23	-0.09

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Fushun Special Account Relationship Matchups

Fushun Special fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	9.2B	10.2B	11.8B	12.4B	8.5B
Other Current Liab	286.3M	453.7M	509.1M	688.9M	112.6M	107.0M
Total Current Liabilities	1.3B	1.4B	1.6B	2.7B	3.5B	4.8B
Total Stockholder Equity	4.5B	5.0B	5.9B	6.1B	6.4B	6.7B
Retained Earnings	318.6M	911.1M	1.7B	1.9B	2.0B	2.1B
Accounts Payable	928.6M	913.4M	1.1B	2.0B	2.2B	2.6B
Cash	151.2M	861.3M	1.2B	1.8B	794.7M	1.3B
Other Assets	5.5M	3.2M	7.6M	6.9M	6.2M	5.9M
Long Term Debt	2.6B	2.6B	2.4B	2.5B	2.1B	2.2B
Net Receivables	1.2B	450.3M	345.5M	373.0M	560.7M	1.1B
Inventory	1.6B	1.6B	2.2B	2.5B	2.7B	1.7B
Other Current Assets	84.4M	269.2M	157.8M	167.8M	54.1M	51.4M
Total Liab	4.1B	4.2B	4.4B	5.7B	6.0B	5.9B
Property Plant Equipment	3.5B	3.4B	3.8B	4.5B	5.2B	3.3B
Intangible Assets	798.6M	783.0M	756.9M	731.8M	715.9M	499.6M
Other Liab	335.6M	354.3M	314.2M	455.4M	523.8M	549.9M
Net Tangible Assets	3.7B	4.3B	5.1B	5.3B	6.1B	6.4B
Non Current Assets Total	4.3B	4.2B	4.5B	5.3B	6.2B	5.4B
Non Currrent Assets Other	4.4B	4.3B	4.3B	5.4M	139.2M	132.2M
Non Current Liabilities Total	2.8B	2.8B	2.7B	3.0B	2.5B	2.5B
Deferred Long Term Liab	5.5M	3.2M	2.2M	1.5M	1.4M	1.3M
Total Current Assets	4.3B	5.1B	5.7B	6.5B	6.1B	5.8B
Net Debt	2.3B	1.5B	1.3B	758.7M	1.3B	1.4B
Net Invested Capital	6.9B	7.4B	8.3B	8.6B	8.5B	7.9B
Net Working Capital	3.0B	3.6B	4.0B	3.8B	2.7B	2.4B
Other Stockholder Equity	7.0M	10.0M	14.3M	13.2M	15.2M	10.2M

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Balance Sheet is a snapshot of the financial position of Fushun Special Steel at a specified time, usually calculated after every quarter, six months, or one year. Fushun Special Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fushun Special and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fushun currently owns. An asset can also be divided into two categories, current and non-current.

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Fushun Total Current Assets vs Long Term Debt Analysis

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Long Term Debt

Fushun Special fundamental ratios Correlations

Fushun Special Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fushun Special fundamental ratios Accounts

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Other Information on Investing in Fushun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Short Term Debt	+ 1.0	Short Long Term Debt
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Accounts Payable	+ 0.97	Total Current Liabilities
Total Liab	+ 0.97	Total Current Liabilities
Total Liab	+ 0.95	Accounts Payable

Deferred Long Term Liab	- 0.96	Net Tangible Assets
Deferred Long Term Liab	- 0.94	Non Current Liabilities Total
Deferred Long Term Liab	- 0.93	Long Term Debt
Deferred Long Term Liab	- 0.91	Common Stock
Non Currrent Assets Other	- 0.9	Net Tangible Assets
Deferred Long Term Liab	- 0.89	Total Stockholder Equity