Tengda Long Term Debt vs Long Term Investments Analysis

600512 Stock

2.51 0.06 2.33%

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

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tengda Construction Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Tengda Construction's Long Term Debt and Long Term Investments is 0.15. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Tengda Construction Group, assuming nothing else is changed. The correlation between historical values of Tengda Construction's Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tengda Construction Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Tengda Construction's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Tengda Construction has held for over one year. Long-term debt appears on Tengda Construction Group 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 Tengda Construction Group 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.

Long Term Investments

Long Term Investments is an item on the asset side of Tengda Construction balance sheet that represents investments Tengda Construction intends to hold for over a year. Tengda Construction Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Tengda Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tengda Construction 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 Tengda Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 4, 2024, Selling General Administrative is expected to decline to about 72.5 M. In addition to that, Tax Provision is expected to decline to about 1.1 M

	2021	2022	2023	2024 (projected)
Other Operating Expenses	50.1M	128.5M	147.8M	155.1M
Gross Profit	1.3B	759.8M	415.5M	642.0M

Other Operating Expenses Gross Profit

Tengda Construction fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Other Liab	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.42	0.83	0.82	0.69	0.83	0.87	0.37	0.51	0.44	0.9	-0.27	0.84	0.39	0.66	0.11	0.59	0.84	0.3	0.9	0.34	0.85	0.82	0.78	-0.3	0.2
Other Current Liab	0.42		0.64	0.1	-0.01	0.13	0.19	0.11	0.57	0.16	0.56	0.21	0.11	-0.05	0.07	-0.32	-0.06	0.07	-0.31	0.25	0.02	0.15	0.03	0.15	0.09	0.05
Total Current Liabilities	0.83	0.64		0.57	0.55	0.57	0.55	0.15	0.66	0.27	0.88	-0.01	0.61	0.41	0.56	-0.33	0.12	0.56	0.23	0.67	-0.03	0.56	0.41	0.58	-0.25	-0.04
Total Stockholder Equity	0.82	0.1	0.57		0.93	0.98	0.7	0.07	0.18	0.25	0.59	-0.55	0.96	0.66	0.88	0.11	0.53	0.96	0.68	0.86	0.16	0.94	0.89	0.84	-0.54	-0.15
Accounts Payable	0.69	-0.01	0.55	0.93		0.89	0.49	-0.14	-0.01	0.16	0.47	-0.63	0.84	0.83	0.96	-0.05	0.25	0.91	0.85	0.81	-0.15	0.87	0.71	0.83	-0.66	-0.33
Cash	0.83	0.13	0.57	0.98	0.89		0.74	0.13	0.2	0.36	0.63	-0.51	0.94	0.64	0.84	0.2	0.58	0.94	0.62	0.85	0.22	0.93	0.9	0.85	-0.45	-0.06
Other Assets	0.87	0.19	0.55	0.7	0.49	0.74		0.65	0.45	0.6	0.8	-0.27	0.77	0.08	0.4	0.44	0.85	0.7	0.06	0.79	0.7	0.77	0.87	0.72	-0.02	0.52
Net Receivables	0.37	0.11	0.15	0.07	-0.14	0.13	0.65		0.36	0.42	0.52	0.22	0.22	-0.34	-0.19	0.48	0.63	0.07	-0.48	0.31	0.84	0.24	0.37	0.26	0.44	0.83
Inventory	0.51	0.57	0.66	0.18	-0.01	0.2	0.45	0.36		0.15	0.68	0.52	0.36	-0.18	0.01	-0.11	0.28	0.09	-0.27	0.15	0.34	0.13	0.2	0.04	0.1	0.23
Other Current Assets	0.44	0.16	0.27	0.25	0.16	0.36	0.6	0.42	0.15		0.54	-0.11	0.33	0.07	-0.01	0.49	0.52	0.21	-0.18	0.43	0.39	0.35	0.39	0.59	0.42	0.59
Total Liab	0.9	0.56	0.88	0.59	0.47	0.63	0.8	0.52	0.68	0.54		0.02	0.67	0.25	0.45	0.09	0.49	0.57	0.05	0.75	0.34	0.67	0.59	0.69	-0.09	0.38
Intangible Assets	-0.27	0.21	-0.01	-0.55	-0.63	-0.51	-0.27	0.22	0.52	-0.11	0.02		-0.35	-0.36	-0.59	-0.11	-0.14	-0.62	-0.53	-0.58	0.11	-0.6	-0.48	-0.59	0.4	0.23
Common Stock	0.84	0.11	0.61	0.96	0.84	0.94	0.77	0.22	0.36	0.33	0.67	-0.35		0.59	0.76	0.17	0.61	0.89	0.56	0.81	0.3	0.88	0.9	0.8	-0.4	-0.03
Property Plant Equipment	0.39	-0.05	0.41	0.66	0.83	0.64	0.08	-0.34	-0.18	0.07	0.25	-0.36	0.59		0.79	-0.18	-0.1	0.64	0.86	0.53	-0.45	0.56	0.36	0.64	-0.56	-0.51
Retained Earnings	0.66	0.07	0.56	0.88	0.96	0.84	0.4	-0.19	0.01	-0.01	0.45	-0.59	0.76	0.79		-0.15	0.17	0.88	0.85	0.77	-0.24	0.85	0.64	0.74	-0.8	-0.36
Long Term Debt	0.11	-0.32	-0.33	0.11	-0.05	0.2	0.44	0.48	-0.11	0.49	0.09	-0.11	0.17	-0.18	-0.15		0.73	0.13	-0.14	0.15	0.66	0.23	0.44	0.21	0.23	0.63
Other Liab	0.59	-0.06	0.12	0.53	0.25	0.58	0.85	0.63	0.28	0.52	0.49	-0.14	0.61	-0.1	0.17	0.73		0.52	-0.02	0.51	0.85	0.59	0.83	0.46	0.03	0.62
Net Tangible Assets	0.84	0.07	0.56	0.96	0.91	0.94	0.7	0.07	0.09	0.21	0.57	-0.62	0.89	0.64	0.88	0.13	0.52		0.68	0.91	0.15	0.95	0.9	0.83	-0.6	-0.12
Other Stockholder Equity	0.3	-0.31	0.23	0.68	0.85	0.62	0.06	-0.48	-0.27	-0.18	0.05	-0.53	0.56	0.86	0.85	-0.14	-0.02	0.68		0.43	-0.45	0.55	0.41	0.49	-0.79	-0.59
Long Term Investments	0.9	0.25	0.67	0.86	0.81	0.85	0.79	0.31	0.15	0.43	0.75	-0.58	0.81	0.53	0.77	0.15	0.51	0.91	0.43		0.24	0.95	0.83	0.93	-0.39	0.13
Short Long Term Debt	0.34	0.02	-0.03	0.16	-0.15	0.22	0.7	0.84	0.34	0.39	0.34	0.11	0.3	-0.45	-0.24	0.66	0.85	0.15	-0.45	0.24		0.25	0.55	0.16	0.42	0.74
Total Current Assets	0.85	0.15	0.56	0.94	0.87	0.93	0.77	0.24	0.13	0.35	0.67	-0.6	0.88	0.56	0.85	0.23	0.59	0.95	0.55	0.95	0.25		0.9	0.9	-0.53	0.09
Short Term Debt	0.82	0.03	0.41	0.89	0.71	0.9	0.87	0.37	0.2	0.39	0.59	-0.48	0.9	0.36	0.64	0.44	0.83	0.9	0.41	0.83	0.55	0.9		0.76	-0.32	0.2
Non Current Assets Total	0.78	0.15	0.58	0.84	0.83	0.85	0.72	0.26	0.04	0.59	0.69	-0.59	0.8	0.64	0.74	0.21	0.46	0.83	0.49	0.93	0.16	0.9	0.76		-0.27	0.12
Non Currrent Assets Other	-0.3	0.09	-0.25	-0.54	-0.66	-0.45	-0.02	0.44	0.1	0.42	-0.09	0.4	-0.4	-0.56	-0.8	0.23	0.03	-0.6	-0.79	-0.39	0.42	-0.53	-0.32	-0.27		0.45
Non Current Liabilities Total	0.2	0.05	-0.04	-0.15	-0.33	-0.06	0.52	0.83	0.23	0.59	0.38	0.23	-0.03	-0.51	-0.36	0.63	0.62	-0.12	-0.59	0.13	0.74	0.09	0.2	0.12	0.45

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Tengda Construction Account Relationship Matchups

Tengda Construction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.2B	10.9B	11.6B	11.3B	11.1B	5.9B
Other Current Liab	2.5B	3.0B	2.5B	1.8B	238.5M	226.6M
Total Current Liabilities	4.8B	5.2B	5.1B	4.9B	5.0B	2.8B
Total Stockholder Equity	4.7B	5.3B	6.0B	6.1B	6.2B	6.5B
Accounts Payable	1.6B	1.9B	2.5B	3.0B	3.0B	3.2B
Cash	2.0B	1.9B	3.1B	2.4B	2.6B	2.7B
Other Assets	1.2B	896.1M	1.0B	859.9M	988.9M	534.1M
Net Receivables	1.5B	314.6M	344.8M	451.8M	350.6M	333.1M
Inventory	3.1B	3.5B	2.8B	1.9B	2.2B	1.8B
Other Current Assets	113.2M	151.6M	193.5M	72.8M	109.1M	88.0M
Total Liab	5.7B	5.8B	5.6B	5.3B	5.0B	3.4B
Intangible Assets	226.4M	189.1M	151.2M	112.8M	136.5M	129.7M
Property Plant Equipment	280.0M	299.3M	487.2M	608.4M	699.7M	734.7M
Retained Earnings	825.5M	1.4B	2.1B	2.1B	1.9B	2.0B
Other Liab	500M	597.8M	505.5M	397.4M	457.0M	485.2M
Net Tangible Assets	4.5B	5.1B	5.9B	6.0B	6.9B	5.0B
Other Stockholder Equity	8.5M	59.4M	113.3M	159.1M	182.9M	192.1M
Short Long Term Debt	650M	545.7M	150.2M	4M	3.6M	3.4M
Total Current Assets	7.2B	8.1B	8.4B	8.1B	8.0B	8.1B
Non Current Assets Total	3.0B	2.8B	3.1B	3.2B	3.2B	3.2B
Non Currrent Assets Other	3.6B	3.0B	76.2M	8.0M	7.2M	6.8M
Non Current Liabilities Total	802.5M	597.8M	507.8M	398.6M	2.5M	2.3M
Short Term Investments	418.3M	1.1B	612.5M	1.5B	539.7M	697.9M
Deferred Long Term Liab	689.9K	4.6M	3.3M	4.6M	5.3M	2.8M
Net Invested Capital	5.5B	5.4B	6.0B	6.1B	6.2B	6.5B
Net Working Capital	2.4B	2.9B	3.3B	3.3B	3.0B	2.6B

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Other Information on Investing in Tengda Stock

Balance Sheet is a snapshot of the financial position of Tengda Construction at a specified time, usually calculated after every quarter, six months, or one year. Tengda Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tengda Construction 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 Tengda currently owns. An asset can also be divided into two categories, current and non-current.

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Tengda Long Term Debt vs Long Term Investments Analysis

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt

Long Term Investments

Tengda Construction fundamental ratios Correlations

Tengda Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tengda Construction fundamental ratios Accounts

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Other Information on Investing in Tengda Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.96	Total Stockholder Equity
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Retained Earnings	+ 0.96	Accounts Payable
Total Current Assets	+ 0.95	Net Tangible Assets
Total Current Assets	+ 0.95	Long Term Investments

Non Currrent Assets Other	- 0.8	Retained Earnings
Non Currrent Assets Other	- 0.79	Other Stockholder Equity
Non Currrent Assets Other	- 0.66	Accounts Payable
Intangible Assets	- 0.63	Accounts Payable
Net Tangible Assets	- 0.62	Intangible Assets
Non Currrent Assets Other	- 0.6	Net Tangible Assets