CSSC Short Long Term Debt vs Accounts Payable Analysis

600685 Stock   24.73  0.02  0.08%   
CSSC Offshore financial indicator trend analysis is way more than just evaluating CSSC Offshore Marine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSSC Offshore Marine is a good investment. Please check the relationship between CSSC Offshore Short Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSSC Offshore Marine. 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSSC Offshore Marine Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CSSC Offshore's Short Long Term Debt and Accounts Payable is 0.41. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CSSC Offshore Marine, assuming nothing else is changed. The correlation between historical values of CSSC Offshore's Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of CSSC Offshore Marine are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., CSSC Offshore's Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents CSSC Offshore obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CSSC Offshore Marine are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from CSSC Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSSC Offshore Marine 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 CSSC Offshore Marine. 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 341.7 M, whereas Tax Provision is projected to grow to (108 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue10.5B11.9B15.1B13.9B
Research Development617.5M576.3M658.5M577.0M

CSSC Offshore fundamental ratios Correlations

0.460.88-0.40.48-0.32-0.270.490.75-0.210.410.32-0.110.310.41-0.460.8-0.370.320.83-0.390.520.460.48-0.170.24
0.460.6-0.590.71-0.580.07-0.170.48-0.630.47-0.050.280.570.88-0.630.63-0.620.150.59-0.750.610.820.51-0.610.52
0.880.6-0.680.71-0.62-0.280.450.86-0.570.60.28-0.180.560.45-0.670.96-0.660.20.96-0.630.780.390.7-0.450.4
-0.4-0.59-0.68-0.660.990.55-0.21-0.370.79-0.84-0.470.22-0.67-0.560.94-0.790.49-0.27-0.750.78-0.99-0.43-0.960.78-0.12
0.480.710.71-0.66-0.650.110.090.66-0.820.73-0.120.140.850.38-0.590.82-0.58-0.310.76-0.880.730.350.59-0.650.79
-0.32-0.58-0.620.99-0.650.55-0.21-0.320.79-0.82-0.470.21-0.64-0.550.9-0.750.49-0.27-0.690.75-0.97-0.37-0.950.75-0.12
-0.270.07-0.280.550.110.55-0.380.16-0.02-0.28-0.950.430.13-0.240.46-0.27-0.13-0.71-0.24-0.01-0.53-0.05-0.670.040.67
0.49-0.170.45-0.210.09-0.21-0.380.370.090.170.51-0.15-0.1-0.17-0.140.38-0.180.410.420.160.28-0.190.270.15-0.13
0.750.480.86-0.370.66-0.320.160.37-0.540.47-0.16-0.130.590.19-0.40.82-0.73-0.130.86-0.540.490.220.38-0.390.65
-0.21-0.63-0.570.79-0.820.79-0.020.09-0.54-0.840.150.04-0.94-0.360.76-0.730.670.29-0.70.94-0.79-0.33-0.690.93-0.59
0.410.470.6-0.840.73-0.82-0.280.170.47-0.840.17-0.160.880.35-0.780.8-0.38-0.070.77-0.850.860.320.85-0.810.33
0.32-0.050.28-0.47-0.12-0.47-0.950.51-0.160.150.17-0.41-0.260.27-0.40.230.190.810.20.110.460.080.580.1-0.67
-0.110.28-0.180.220.140.210.43-0.15-0.130.04-0.16-0.410.00.130.24-0.16-0.23-0.19-0.15-0.03-0.210.29-0.33-0.010.34
0.310.570.56-0.670.85-0.640.13-0.10.59-0.940.88-0.260.00.27-0.650.75-0.54-0.430.72-0.940.710.310.61-0.870.68
0.410.880.45-0.560.38-0.55-0.24-0.170.19-0.360.350.270.130.27-0.620.44-0.340.530.41-0.520.540.880.53-0.440.08
-0.46-0.63-0.670.94-0.590.90.46-0.14-0.40.76-0.78-0.40.24-0.65-0.62-0.760.48-0.31-0.740.79-0.92-0.61-0.880.84-0.1
0.80.630.96-0.790.82-0.75-0.270.380.82-0.730.80.23-0.160.750.44-0.76-0.630.080.99-0.790.880.40.81-0.620.47
-0.37-0.62-0.660.49-0.580.49-0.13-0.18-0.730.67-0.380.19-0.23-0.54-0.340.48-0.630.05-0.670.56-0.53-0.32-0.380.57-0.55
0.320.150.2-0.27-0.31-0.27-0.710.41-0.130.29-0.070.81-0.19-0.430.53-0.310.080.050.10.230.240.380.350.15-0.67
0.830.590.96-0.750.76-0.69-0.240.420.86-0.70.770.2-0.150.720.41-0.740.99-0.670.1-0.750.830.410.76-0.620.44
-0.39-0.75-0.630.78-0.880.75-0.010.16-0.540.94-0.850.11-0.03-0.94-0.520.79-0.790.560.23-0.75-0.8-0.55-0.70.9-0.61
0.520.610.78-0.990.73-0.97-0.530.280.49-0.790.860.46-0.210.710.54-0.920.88-0.530.240.83-0.80.420.97-0.750.2
0.460.820.39-0.430.35-0.37-0.05-0.190.22-0.330.320.080.290.310.88-0.610.4-0.320.380.41-0.550.420.35-0.520.15
0.480.510.7-0.960.59-0.95-0.670.270.38-0.690.850.58-0.330.610.53-0.880.81-0.380.350.76-0.70.970.35-0.660.02
-0.17-0.61-0.450.78-0.650.750.040.15-0.390.93-0.810.1-0.01-0.87-0.440.84-0.620.570.15-0.620.9-0.75-0.52-0.66-0.39
0.240.520.4-0.120.79-0.120.67-0.130.65-0.590.33-0.670.340.680.08-0.10.47-0.55-0.670.44-0.610.20.150.02-0.39
Click cells to compare fundamentals

CSSC Offshore Account Relationship Matchups

CSSC Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3B38.9B44.3B46.5B50.9B37.3B
Other Current Liab9.1B6.9B11.0B13.6B167.1M158.7M
Total Current Liabilities29.4B18.5B21.0B24.4B26.5B20.1B
Total Stockholder Equity10.1B14.4B15.5B15.6B16.4B13.8B
Other Liab1.2B673.6M1.2B1.0B920.6M1.1B
Net Tangible Assets7.9B13.5B14.6B14.7B16.9B11.5B
Retained Earnings(642.9M)3.0B2.9B3.3B2.3B1.8B
Accounts Payable11.8B6.7B7.2B6.3B8.8B8.4B
Cash14.3B8.8B9.6B14.8B16.4B10.3B
Other Assets3.3B2.9B3.7B3.4B3.9B2.6B
Long Term Debt6.0B2.1B3.2B2.2B3.3B3.9B
Net Receivables11.8B1.2B1.1B1.1B2.1B3.3B
Short Term Investments48.8M1.1B3.3B29.9M9.1M8.7M
Inventory4.3B4.2B4.9B4.4B5.4B5.5B
Other Current Assets2.7B1.8B2.3B3.0B445.7M423.4M
Other Stockholder Equity(41.3M)699.0M1.9B1.5B1.7B1.8B
Total Liab36.8B21.4B25.6B27.7B31.3B25.1B
Short Long Term Debt6.1B2.0B1.9B2.9B780.5M741.5M
Total Current Assets33.2B21.8B24.1B25.8B29.8B23.0B
Intangible Assets2.1B918.9M933.6M910.4M886.4M1.2B
Property Plant Equipment12.8B4.4B5.2B5.8B5.2B7.6B
Non Current Assets Total19.1B17.1B20.2B20.6B21.0B20.2B
Non Currrent Assets Other78.0M389.9M728.1M736.4M596.5M523.8M
Non Current Liabilities Total7.3B2.9B4.6B3.4B4.8B4.8B
Non Current Liabilities Other694.9M146.7M314.5M302.8M267.8M357.4M
Deferred Long Term Liab75.6M21.2M51.2M49.6M44.6M48.7M
Net Invested Capital22.3B18.6B20.6B20.7B20.5B22.4B
Net Working Capital3.8B3.3B3.1B1.5B3.3B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in CSSC Stock

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