Bright Deferred Long Term Liab vs Short Term Investments Analysis

600597 Stock   8.95  0.03  0.34%   
Bright Dairy financial indicator trend analysis is way more than just evaluating Bright Dairy Food prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Dairy Food is a good investment. Please check the relationship between Bright Dairy Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Dairy Food. 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.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Dairy Food Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bright Dairy's Deferred Long Term Liab and Short Term Investments is -0.5. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Bright Dairy Food, assuming nothing else is changed. The correlation between historical values of Bright Dairy's Deferred Long Term Liab and Short 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 Deferred Long Term Liab of Bright Dairy Food are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Bright Dairy's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Bright Dairy balance sheet. It contains any investments Bright Dairy Food undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bright Dairy Food can easily liquidate in the marketplace.
Most indicators from Bright Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bright Dairy Food 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 Bright Dairy Food. 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 23, 2024, Selling General Administrative is expected to decline to about 1.8 B. The current year's Tax Provision is expected to grow to about (13.5 M)
 2021 2022 2023 2024 (projected)
Operating Income760.1M799.2M1.0B698.2M
Total Revenue29.2B28.2B26.5B15.9B

Bright Dairy fundamental ratios Correlations

0.080.810.980.640.980.830.63-0.120.520.730.960.50.840.870.770.98-0.270.830.80.83-0.710.860.770.440.8
0.080.43-0.06-0.210.040.340.410.280.570.430.00.770.38-0.20.18-0.080.01-0.030.17-0.20.21-0.24-0.230.26-0.22
0.810.430.710.410.760.890.820.010.530.920.730.620.960.60.80.71-0.030.670.720.65-0.470.550.610.630.58
0.98-0.060.710.590.960.770.54-0.050.430.650.950.380.740.880.770.98-0.310.830.760.85-0.750.90.80.360.81
0.64-0.210.410.590.580.450.48-0.320.210.420.580.150.560.580.460.650.010.450.210.46-0.280.420.340.060.43
0.980.040.760.960.580.780.53-0.230.520.630.950.440.790.90.670.98-0.360.830.870.88-0.740.920.830.460.83
0.830.340.890.770.450.780.61-0.050.660.850.830.680.930.640.820.75-0.180.870.640.74-0.530.640.540.240.65
0.630.410.820.540.480.530.610.170.40.80.430.540.80.320.730.510.160.370.460.35-0.230.260.380.630.32
-0.120.280.01-0.05-0.32-0.23-0.050.17-0.050.23-0.190.15-0.09-0.390.34-0.20.33-0.2-0.22-0.330.19-0.31-0.23-0.02-0.38
0.520.570.530.430.210.520.660.4-0.050.520.470.690.640.30.460.45-0.320.530.480.35-0.360.310.190.070.23
0.730.430.920.650.420.630.850.80.230.520.650.620.90.490.870.60.230.60.510.47-0.320.380.380.450.42
0.960.00.730.950.580.950.830.43-0.190.470.650.430.770.910.710.96-0.360.880.740.86-0.740.890.750.290.86
0.50.770.620.380.150.440.680.540.150.690.620.430.640.190.450.35-0.030.410.40.19-0.070.190.060.180.21
0.840.380.960.740.560.790.930.8-0.090.640.90.770.640.630.820.75-0.10.760.670.7-0.510.570.570.470.6
0.87-0.20.60.880.580.90.640.32-0.390.30.490.910.190.630.540.91-0.290.720.690.81-0.720.870.780.330.81
0.770.180.80.770.460.670.820.730.340.460.870.710.450.820.540.70.010.710.460.61-0.440.50.540.280.5
0.98-0.080.710.980.650.980.750.51-0.20.450.60.960.350.750.910.7-0.360.830.80.88-0.770.920.840.40.83
-0.270.01-0.03-0.310.01-0.36-0.180.160.33-0.320.23-0.36-0.03-0.1-0.290.01-0.36-0.44-0.4-0.490.53-0.5-0.410.02-0.48
0.83-0.030.670.830.450.830.870.37-0.20.530.60.880.410.760.720.710.83-0.440.670.92-0.710.830.680.120.85
0.80.170.720.760.210.870.640.46-0.220.480.510.740.40.670.690.460.8-0.40.670.78-0.730.850.840.70.74
0.83-0.20.650.850.460.880.740.35-0.330.350.470.860.190.70.810.610.88-0.490.920.78-0.80.930.890.320.89
-0.710.21-0.47-0.75-0.28-0.74-0.53-0.230.19-0.36-0.32-0.74-0.07-0.51-0.72-0.44-0.770.53-0.71-0.73-0.8-0.83-0.72-0.35-0.73
0.86-0.240.550.90.420.920.640.26-0.310.310.380.890.190.570.870.50.92-0.50.830.850.93-0.830.90.370.91
0.77-0.230.610.80.340.830.540.38-0.230.190.380.750.060.570.780.540.84-0.410.680.840.89-0.720.90.560.78
0.440.260.630.360.060.460.240.63-0.020.070.450.290.180.470.330.280.40.020.120.70.32-0.350.370.560.35
0.8-0.220.580.810.430.830.650.32-0.380.230.420.860.210.60.810.50.83-0.480.850.740.89-0.730.910.780.35
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Bright Dairy Account Relationship Matchups

Bright Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.6B20.3B23.5B24.5B24.2B25.4B
Other Current Liab3.8B3.8B2.2B2.3B172.4M163.8M
Total Current Liabilities8.2B9.1B8.7B10.7B10.2B5.3B
Total Stockholder Equity5.7B6.3B7.9B8.0B8.9B9.4B
Other Liab541.4M848.5M1.3B1.4B1.6B1.7B
Retained Earnings3.0B3.4B3.8B3.9B4.1B4.3B
Accounts Payable2.5B3.0B3.3B3.9B3.1B1.7B
Cash2.5B2.9B3.2B2.6B3.3B2.1B
Other Assets551.4M303.6M336.9M305.6M351.4M405.6M
Long Term Debt1.5B1.3B1.7B990.5M534.7M582.5M
Net Receivables1.7B1.8B1.9B2.3B1.9B1.3B
Inventory2.3B2.9B3.1B4.2B3.6B3.7B
Other Current Assets717.7M1.1B897.0M730.5M217.2M400.3M
Total Liab10.2B11.4B13.1B13.9B12.8B6.6B
Intangible Assets369.9M459.7M571.2M786.1M872.5M916.1M
Property Plant Equipment9.1B9.7B12.4B12.5B14.4B15.1B
Good Will330.2M545.9M827.1M822.6M749.6M451.8M
Net Tangible Assets5.0B5.3B6.4B6.4B7.3B5.6B
Other Stockholder Equity(163.5M)(51.1M)(219.0M)(223.5M)(201.1M)(211.2M)
Deferred Long Term Liab11.7M15.8M21.2M24.1M27.7M29.1M
Short Long Term Debt1.5B1.3B712.6M1.2B1.8B1.3B
Total Current Assets7.2B9.0B9.2B9.9B9.7B9.4B
Non Current Assets Total10.4B11.3B14.3B14.5B14.5B12.6B
Non Currrent Assets Other114.4M26.3M196.8M81.1M64.8M68.9M
Non Current Liabilities Total2.0B2.4B4.4B3.2B2.6B2.7B
Non Current Liabilities Other900.1M1.4B509.8M520.8M546.1M702.8M
Net Invested Capital8.7B8.9B10.3B10.2B11.2B10.7B
Net Working Capital(1.0B)(30.0M)489.2M(826.0M)(477.7M)(501.5M)

Currently Active Assets on Macroaxis

Other Information on Investing in Bright Stock

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