Caihong Non Current Liabilities Other vs Net Receivables Analysis

600707 Stock   6.97  0.02  0.29%   
Caihong Display financial indicator trend analysis is way more than just evaluating Caihong Display Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caihong Display Devices is a good investment. Please check the relationship between Caihong Display Non Current Liabilities Other and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caihong Display Devices. 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.

Non Current Liabilities Other vs Net Receivables

Non Current Liabilities Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caihong Display Devices Non Current Liabilities Other account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Caihong Display's Non Current Liabilities Other and Net Receivables is -0.6. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Caihong Display Devices, assuming nothing else is changed. The correlation between historical values of Caihong Display's Non Current Liabilities Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Caihong Display Devices are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Other i.e., Caihong Display's Non Current Liabilities Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Other

Net Receivables

Most indicators from Caihong Display's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caihong Display Devices 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 Caihong Display Devices. 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 November 29, 2024, Selling General Administrative is expected to decline to about 174.2 M. The current year's Tax Provision is expected to grow to about (2 M)
 2021 2022 2023 2024 (projected)
EBITDA6.2B922.3M1.1B1.0B
Interest Income174.6M172.4M164.4M104.8M

Caihong Display fundamental ratios Correlations

0.30.940.99-0.320.960.850.420.87-0.690.830.530.990.950.990.960.710.850.980.560.95-0.660.990.160.92-0.42
0.30.310.29-0.070.360.420.290.17-0.110.160.530.310.30.220.190.220.30.31-0.050.36-0.130.290.20.280.34
0.940.310.94-0.330.830.90.620.75-0.530.690.460.920.820.940.840.680.640.950.660.98-0.410.890.390.75-0.38
0.990.290.94-0.270.950.860.470.86-0.690.820.520.970.940.990.940.660.810.990.550.96-0.630.980.220.89-0.44
-0.32-0.07-0.33-0.27-0.3-0.21-0.16-0.11-0.25-0.01-0.15-0.39-0.23-0.34-0.37-0.69-0.32-0.26-0.15-0.220.11-0.28-0.07-0.270.19
0.960.360.830.95-0.30.760.280.85-0.730.850.60.960.980.930.950.690.910.930.380.85-0.730.980.020.96-0.35
0.850.420.90.86-0.210.760.680.57-0.470.60.550.830.710.810.680.660.630.890.610.95-0.320.790.450.66-0.09
0.420.290.620.47-0.160.280.680.060.09-0.030.520.350.20.440.180.340.00.50.180.640.360.310.950.080.01
0.870.170.750.86-0.110.850.570.06-0.830.890.30.870.920.880.930.480.80.840.550.74-0.830.91-0.180.9-0.6
-0.69-0.11-0.53-0.69-0.25-0.73-0.470.09-0.83-0.81-0.3-0.68-0.83-0.67-0.73-0.17-0.74-0.68-0.4-0.580.8-0.770.31-0.830.32
0.830.160.690.82-0.010.850.6-0.030.89-0.810.220.830.880.810.880.490.810.80.570.72-0.840.86-0.270.87-0.46
0.530.530.460.52-0.150.60.550.520.3-0.30.220.530.520.460.40.480.550.53-0.160.53-0.150.520.370.50.18
0.990.310.920.97-0.390.960.830.350.87-0.680.830.530.960.970.960.750.880.960.570.92-0.690.980.080.94-0.39
0.950.30.820.94-0.230.980.710.20.92-0.830.880.520.960.930.970.610.910.920.440.83-0.790.99-0.070.98-0.43
0.990.220.940.99-0.340.930.810.440.88-0.670.810.460.970.930.960.670.780.980.550.93-0.630.970.20.88-0.54
0.960.190.840.94-0.370.950.680.180.93-0.730.880.40.960.970.960.680.880.920.520.82-0.80.97-0.080.95-0.56
0.710.220.680.66-0.690.690.660.340.48-0.170.490.480.750.610.670.680.70.70.40.64-0.340.670.110.62-0.29
0.850.30.640.81-0.320.910.630.00.8-0.740.810.550.880.910.780.880.70.80.360.67-0.850.89-0.270.95-0.27
0.980.310.950.99-0.260.930.890.50.84-0.680.80.530.960.920.980.920.70.80.560.96-0.590.970.250.87-0.45
0.56-0.050.660.55-0.150.380.610.180.55-0.40.57-0.160.570.440.550.520.40.360.560.61-0.340.52-0.020.43-0.29
0.950.360.980.96-0.220.850.950.640.74-0.580.720.530.920.830.930.820.640.670.960.61-0.440.90.410.76-0.29
-0.66-0.13-0.41-0.630.11-0.73-0.320.36-0.830.8-0.84-0.15-0.69-0.79-0.63-0.8-0.34-0.85-0.59-0.34-0.44-0.740.55-0.840.43
0.990.290.890.98-0.280.980.790.310.91-0.770.860.520.980.990.970.970.670.890.970.520.9-0.740.040.96-0.45
0.160.20.390.22-0.070.020.450.95-0.180.31-0.270.370.08-0.070.2-0.080.11-0.270.25-0.020.410.550.04-0.20.08
0.920.280.750.89-0.270.960.660.080.9-0.830.870.50.940.980.880.950.620.950.870.430.76-0.840.96-0.2-0.37
-0.420.34-0.38-0.440.19-0.35-0.090.01-0.60.32-0.460.18-0.39-0.43-0.54-0.56-0.29-0.27-0.45-0.29-0.290.43-0.450.08-0.37
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Caihong Display Account Relationship Matchups

Caihong Display fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8B41.1B43.1B40.8B38.9B40.9B
Other Current Liab782.6M994.7M912.2M120.6M2.5M2.4M
Total Current Liabilities8.9B10.4B11.3B10.7B9.7B10.2B
Total Stockholder Equity20.5B19.7B22.3B19.6B20.3B21.3B
Retained Earnings(3.6B)(4.4B)(1.7B)(4.4B)(4.0B)(3.8B)
Accounts Payable4.6B4.2B4.3B3.6B3.7B3.8B
Cash5.7B6.9B9.4B8.8B4.8B2.8B
Other Assets1.2B1.0B932.2M628.7M723.0M664.9M
Net Receivables2.1B2.0B2.1B1.4B2.2B2.3B
Inventory756.2M566.0M1.4B876.7M889.8M934.3M
Other Current Assets1.1B768.9M374.6M127.2M117.0M111.2M
Total Liab21.1B21.3B20.7B21.0B18.5B19.4B
Intangible Assets2.2B2.1B1.9B1.7B1.8B1.9B
Property Plant Equipment28.5B27.3B26.5B26.7B30.7B32.2B
Other Liab609.7M610.0M579.0M597.5M687.1M378.8M
Long Term Debt11.5B10.3B8.8B9.6B8.2B5.8B
Net Tangible Assets18.2B17.5B20.3B17.8B20.5B15.7B
Short Long Term Debt1.3B1.9B3.1B3.8B2.2B2.0B
Total Current Assets9.6B10.4B13.5B11.5B8.9B9.7B
Non Current Assets Total32.1B30.7B29.7B29.3B30.0B28.9B
Non Currrent Assets Other651.2M607.1M501.6M150.1M538.9M976.0M
Non Current Liabilities Total12.1B10.9B9.4B10.2B8.8B9.3B
Non Current Liabilities Other213.4M215.8M213.3M217.7M120.4M163.6M
Net Invested Capital33.3B31.9B34.2B33.0B30.7B34.5B
Net Working Capital709.8M17.4M2.1B732.2M(802.6M)(762.5M)
Net Debt7.1B5.3B2.5B4.6B5.7B4.1B

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Other Information on Investing in Caihong Stock

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