Anyang Total Stockholder Equity vs Net Tangible Assets Analysis

600569 Stock

1.86 0.02 1.06%

Anyang Iron financial indicator trend analysis is way more than just evaluating Anyang Iron Steel prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anyang Iron Steel is a good investment. Please check the relationship between Anyang Iron Total Stockholder Equity and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anyang Iron 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 Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anyang Iron Steel Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Anyang Iron's Total Stockholder Equity and Net Tangible Assets is 0.44. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Anyang Iron Steel, assuming nothing else is changed. The correlation between historical values of Anyang Iron's Total Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Anyang Iron Steel are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Anyang Iron's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Anyang Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anyang Iron 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 Anyang Iron 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.

The current year's Selling General Administrative is expected to grow to about 547 M, whereas Tax Provision is projected to grow to (584 M).

Anyang Iron fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Other Assets	Intangible Assets	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
Total Assets		0.29	0.96	0.65	-0.11	0.06	0.77	0.87	0.0	0.91	0.44	0.98	0.96	0.89	0.16	-0.85	0.75	0.12	0.65	0.43	0.59	0.5	0.61	0.49	0.48	0.31
Other Current Liab	0.29		0.29	0.43	-0.1	0.68	0.1	0.48	0.25	0.22	0.69	0.22	0.15	0.02	-0.02	-0.18	0.31	0.17	0.16	0.39	0.05	0.36	0.24	0.37	-0.33	0.1
Total Current Liabilities	0.96	0.29		0.46	-0.08	-0.07	0.8	0.86	-0.1	0.88	0.34	0.99	0.94	0.86	0.01	-0.76	0.83	0.26	0.66	0.44	0.62	0.57	0.59	0.56	0.51	0.3
Total Stockholder Equity	0.65	0.43	0.46		-0.06	0.58	0.43	0.62	0.17	0.63	0.74	0.48	0.58	0.48	0.25	-0.65	0.28	-0.21	0.44	0.38	0.34	0.21	0.55	0.18	0.16	0.27
Other Liab	-0.11	-0.1	-0.08	-0.06		-0.17	0.05	-0.21	-0.15	-0.09	0.1	-0.11	-0.08	-0.05	-0.31	0.15	-0.13	-0.09	0.29	0.26	0.32	0.35	0.2	0.34	0.39	0.13
Retained Earnings	0.06	0.68	-0.07	0.58	-0.17		-0.35	0.17	0.36	0.03	0.72	-0.08	-0.1	-0.05	0.26	-0.05	-0.23	-0.3	-0.14	-0.09	-0.24	-0.26	-0.02	-0.26	-0.5	-0.19
Accounts Payable	0.77	0.1	0.8	0.43	0.05	-0.35		0.75	-0.37	0.78	0.22	0.77	0.81	0.58	-0.3	-0.61	0.85	0.45	0.8	0.67	0.77	0.72	0.79	0.7	0.73	0.52
Cash	0.87	0.48	0.86	0.62	-0.21	0.17	0.75		-0.04	0.79	0.55	0.83	0.86	0.61	-0.08	-0.65	0.83	0.38	0.75	0.62	0.69	0.53	0.72	0.54	0.34	0.42
Net Receivables	0.0	0.25	-0.1	0.17	-0.15	0.36	-0.37	-0.04		-0.3	-0.03	-0.03	-0.07	0.12	0.81	-0.27	-0.31	-0.52	-0.42	-0.09	-0.42	-0.16	-0.51	-0.12	-0.57	-0.48
Inventory	0.91	0.22	0.88	0.63	-0.09	0.03	0.78	0.79	-0.3		0.45	0.88	0.89	0.73	-0.04	-0.66	0.77	0.27	0.74	0.44	0.64	0.55	0.75	0.51	0.59	0.41
Other Current Assets	0.44	0.69	0.34	0.74	0.1	0.72	0.22	0.55	-0.03	0.45		0.3	0.34	0.19	-0.17	-0.25	0.22	0.0	0.41	0.28	0.3	0.2	0.59	0.17	0.07	0.26
Total Liab	0.98	0.22	0.99	0.48	-0.11	-0.08	0.77	0.83	-0.03	0.88	0.3		0.95	0.91	0.13	-0.81	0.79	0.18	0.61	0.38	0.57	0.52	0.54	0.51	0.51	0.27
Common Stock	0.96	0.15	0.94	0.58	-0.08	-0.1	0.81	0.86	-0.07	0.89	0.34	0.95		0.87	0.08	-0.82	0.77	0.14	0.71	0.52	0.7	0.51	0.65	0.51	0.54	0.44
Property Plant Equipment	0.89	0.02	0.86	0.48	-0.05	-0.05	0.58	0.61	0.12	0.73	0.19	0.91	0.87		0.35	-0.88	0.49	-0.2	0.37	0.14	0.39	0.24	0.28	0.24	0.42	0.12
Long Term Debt	0.16	-0.02	0.01	0.25	-0.31	0.26	-0.3	-0.08	0.81	-0.04	-0.17	0.13	0.08	0.35		-0.46	-0.29	-0.65	-0.46	-0.3	-0.47	-0.26	-0.52	-0.24	-0.45	-0.41
Short Term Investments	-0.85	-0.18	-0.76	-0.65	0.15	-0.05	-0.61	-0.65	-0.27	-0.66	-0.25	-0.81	-0.82	-0.88	-0.46		-0.44	0.29	-0.31	-0.29	-0.3	-0.29	-0.29	-0.29	-0.2	-0.2
Other Assets	0.75	0.31	0.83	0.28	-0.13	-0.23	0.85	0.83	-0.31	0.77	0.22	0.79	0.77	0.49	-0.29	-0.44		0.71	0.78	0.64	0.74	0.74	0.72	0.74	0.58	0.51
Intangible Assets	0.12	0.17	0.26	-0.21	-0.09	-0.3	0.45	0.38	-0.52	0.27	0.0	0.18	0.14	-0.2	-0.65	0.29	0.71		0.55	0.43	0.51	0.55	0.51	0.54	0.43	0.31
Net Tangible Assets	0.65	0.16	0.66	0.44	0.29	-0.14	0.8	0.75	-0.42	0.74	0.41	0.61	0.71	0.37	-0.46	-0.31	0.78	0.55		0.78	0.96	0.7	0.92	0.68	0.74	0.57
Other Stockholder Equity	0.43	0.39	0.44	0.38	0.26	-0.09	0.67	0.62	-0.09	0.44	0.28	0.38	0.52	0.14	-0.3	-0.29	0.64	0.43	0.78		0.74	0.77	0.7	0.79	0.33	0.58
Long Term Investments	0.59	0.05	0.62	0.34	0.32	-0.24	0.77	0.69	-0.42	0.64	0.3	0.57	0.7	0.39	-0.47	-0.3	0.74	0.51	0.96	0.74		0.64	0.83	0.64	0.74	0.61
Short Long Term Debt	0.5	0.36	0.57	0.21	0.35	-0.26	0.72	0.53	-0.16	0.55	0.2	0.52	0.51	0.24	-0.26	-0.29	0.74	0.55	0.7	0.77	0.64		0.65	0.99	0.5	0.41
Total Current Assets	0.61	0.24	0.59	0.55	0.2	-0.02	0.79	0.72	-0.51	0.75	0.59	0.54	0.65	0.28	-0.52	-0.29	0.72	0.51	0.92	0.7	0.83	0.65		0.62	0.69	0.64
Short Term Debt	0.49	0.37	0.56	0.18	0.34	-0.26	0.7	0.54	-0.12	0.51	0.17	0.51	0.51	0.24	-0.24	-0.29	0.74	0.54	0.68	0.79	0.64	0.99	0.62		0.46	0.4
Non Current Assets Total	0.48	-0.33	0.51	0.16	0.39	-0.5	0.73	0.34	-0.57	0.59	0.07	0.51	0.54	0.42	-0.45	-0.2	0.58	0.43	0.74	0.33	0.74	0.5	0.69	0.46		0.37
Non Currrent Assets Other	0.31	0.1	0.3	0.27	0.13	-0.19	0.52	0.42	-0.48	0.41	0.26	0.27	0.44	0.12	-0.41	-0.2	0.51	0.31	0.57	0.58	0.61	0.41	0.64	0.4	0.37

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Anyang Iron Account Relationship Matchups

Anyang Iron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.2B	40.5B	45.8B	42.6B	43.5B	29.3B
Other Current Liab	3.4B	4.4B	4.2B	361.8M	335.3M	318.5M
Total Current Liabilities	24.5B	26.1B	30.9B	28.6B	31.7B	17.4B
Total Stockholder Equity	9.9B	10.0B	10.8B	7.5B	5.9B	8.0B
Other Liab	610.2M	303.1M	362.0M	524.2M	602.9M	633.0M
Retained Earnings	2.4B	2.5B	3.4B	(1.7B)	(3.3B)	(3.1B)
Accounts Payable	15.7B	16.9B	20.2B	18.7B	20.7B	21.7B
Cash	8.7B	8.3B	8.2B	6.5B	7.6B	4.6B
Net Receivables	2.5B	564.2M	639.9M	734.7M	664.1M	630.9M
Inventory	8.1B	9.7B	10.8B	10.7B	9.2B	6.0B
Other Current Assets	746.2M	981.2M	1.3B	134.7M	177.9M	169.0M
Total Liab	27.5B	29.7B	34.1B	34.5B	36.1B	20.9B
Property Plant Equipment	15.8B	16.1B	19.9B	20.1B	23.1B	14.5B
Long Term Debt	2.7B	1.6B	672.4M	3.0B	1.3B	1.2B
Short Term Investments	23.8M	21.6M	29.5M	23.6M	23.9M	22.7M
Other Assets	386.0M	391.5M	553.5M	521.0M	599.2M	314.1M
Intangible Assets	1.7B	2.1B	2.3B	2.2B	2.3B	1.5B
Net Tangible Assets	6.6B	8.2B	7.9B	8.5B	9.8B	6.6B
Other Stockholder Equity	85.6M	79.6M	65.6M	65.9M	75.8M	77.5M
Short Long Term Debt	4.0B	4.5B	4.8B	4.9B	4.6B	4.7B
Total Current Assets	20.0B	21.5B	22.7B	19.4B	19.4B	19.6B
Non Current Assets Total	18.2B	19.0B	23.1B	23.2B	24.1B	22.5B
Non Currrent Assets Other	289.1M	289.6M	376.2M	290.1M	333.6M	329.3M
Non Current Liabilities Total	3.0B	3.6B	3.3B	5.9B	4.4B	4.2B
Non Current Liabilities Other	1.1B	1.6B	1.7B	14.7M	13.3M	12.6M
Net Invested Capital	15.0B	16.0B	16.3B	15.3B	11.7B	11.6B
Net Working Capital	(4.5B)	(4.6B)	(8.2B)	(9.2B)	(12.2B)	(12.8B)

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

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Anyang Total Stockholder Equity vs Net Tangible Assets Analysis

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Tangible Assets

Anyang Iron fundamental ratios Correlations

Anyang Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anyang Iron fundamental ratios Accounts

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Other Information on Investing in Anyang Stock

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Total Liab	+ 0.99	Total Current Liabilities
Short Term Debt	+ 0.99	Short Long Term Debt
Total Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.96	Total Assets
Common Stock	+ 0.96	Total Assets
Long Term Investments	+ 0.96	Net Tangible Assets

Short Term Investments	- 0.88	Property Plant Equipment
Short Term Investments	- 0.85	Total Assets
Short Term Investments	- 0.82	Common Stock
Short Term Investments	- 0.81	Total Liab
Short Term Investments	- 0.76	Total Current Liabilities
Short Term Investments	- 0.66	Inventory