Bright Long Term Debt vs Deferred Long Term Liab Analysis

600597 Stock   8.74  0.21  2.35%   
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 Long Term Debt and its Deferred Long Term Liab 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.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Dairy Food Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bright Dairy's Long Term Debt and Deferred Long Term Liab is 0.31. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab 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 Long Term Debt and Deferred Long Term Liab 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 Bright Dairy Food are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Bright Dairy's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Bright Dairy Food has held for over one year. Long-term debt appears on Bright Dairy Food 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 Bright Dairy Food 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.

Deferred Long Term Liab

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

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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.