Heilongjiang Short Term Debt vs Cash Analysis

601188 Stock

3.89 0.01 0.26%

Heilongjiang Transport financial indicator trend analysis is much more than just examining Heilongjiang Transport latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heilongjiang Transport is a good investment. Please check the relationship between Heilongjiang Transport Short Term Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heilongjiang Transport Development. 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 Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heilongjiang Transport Short Term Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Heilongjiang Transport's Short Term Debt and Cash is -0.75. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Heilongjiang Transport Development, assuming nothing else is changed. The correlation between historical values of Heilongjiang Transport's Short Term Debt and Cash 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 Term Debt of Heilongjiang Transport Development are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Debt i.e., Heilongjiang Transport's Short Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Term Debt

Cash

Cash refers to the most liquid asset of Heilongjiang Transport, which is listed under current asset account on Heilongjiang Transport Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Heilongjiang Transport customers. The amounts must be unrestricted with restricted cash listed in a different Heilongjiang Transport account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Heilongjiang Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heilongjiang Transport 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 Heilongjiang Transport Development. 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 37 M. The current year's Tax Provision is expected to grow to about 49.3 M

	2021	2022	2023	2024 (projected)
Operating Income	141.4M	82.0M	127.2M	210.8M
Total Revenue	536.7M	435.3M	652.4M	686.7M

Operating Income Total Revenue

Heilongjiang Transport fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.12	0.41	0.93	-0.53	0.91	0.21	0.59	0.89	-0.64	0.43	0.37	0.41	0.27	0.16	0.69	-0.77	-0.24	0.7	-0.67	-0.75	0.73	-0.84	0.78	-0.84	0.21
Other Current Liab	0.12		0.84	-0.16	0.09	-0.11	-0.45	-0.04	0.04	-0.1	0.48	0.81	-0.57	0.85	-0.37	-0.3	0.4	0.44	-0.48	-0.02	0.43	-0.4	0.09	0.06	0.09	-0.41
Total Current Liabilities	0.41	0.84		0.09	-0.2	0.08	-0.26	0.01	0.23	-0.31	0.46	0.95	-0.34	0.93	-0.16	0.05	0.2	0.19	-0.31	-0.25	0.25	-0.24	-0.11	0.28	-0.11	-0.26
Total Stockholder Equity	0.93	-0.16	0.09		-0.63	0.99	0.3	0.69	0.9	-0.55	0.37	0.05	0.51	-0.1	0.13	0.69	-0.9	-0.24	0.85	-0.65	-0.89	0.85	-0.88	0.74	-0.88	0.22
Other Liab	-0.53	0.09	-0.2	-0.63		-0.59	-0.06	-0.42	-0.56	0.18	-0.27	-0.11	-0.23	0.15	-0.09	-0.54	0.53	0.14	-0.4	0.42	0.43	-0.41	0.49	-0.44	0.49	-0.1
Retained Earnings	0.91	-0.11	0.08	0.99	-0.59		0.23	0.74	0.92	-0.52	0.46	0.03	0.42	-0.11	0.03	0.61	-0.88	-0.15	0.83	-0.66	-0.89	0.85	-0.89	0.73	-0.89	0.15
Accounts Payable	0.21	-0.45	-0.26	0.3	-0.06	0.23		0.03	0.19	-0.16	-0.38	-0.34	0.75	-0.27	0.02	0.16	-0.48	-0.08	0.38	-0.04	-0.43	0.35	-0.24	0.29	-0.24	0.0
Cash	0.59	-0.04	0.01	0.69	-0.42	0.74	0.03		0.75	-0.07	0.5	-0.11	0.14	-0.16	-0.14	0.25	-0.62	-0.03	0.59	-0.6	-0.67	0.63	-0.75	0.65	-0.75	-0.11
Other Assets	0.89	0.04	0.23	0.9	-0.56	0.92	0.19	0.75		-0.43	0.5	0.15	0.35	0.07	0.03	0.57	-0.83	-0.12	0.76	-0.83	-0.82	0.8	-0.95	0.8	-0.95	0.11
Net Receivables	-0.64	-0.1	-0.31	-0.55	0.18	-0.52	-0.16	-0.07	-0.43		-0.23	-0.46	-0.26	-0.27	-0.13	-0.41	0.36	0.14	-0.33	0.34	0.37	-0.34	0.4	-0.34	0.4	-0.11
Short Term Investments	0.43	0.48	0.46	0.37	-0.27	0.46	-0.38	0.5	0.5	-0.23		0.39	-0.54	0.31	-0.51	-0.12	-0.07	0.45	0.02	-0.49	-0.09	0.07	-0.36	0.3	-0.36	-0.48
Inventory	0.37	0.81	0.95	0.05	-0.11	0.03	-0.34	-0.11	0.15	-0.46	0.39		-0.35	0.93	-0.03	0.12	0.26	0.13	-0.32	-0.15	0.3	-0.26	0.0	0.13	0.0	-0.14
Other Current Assets	0.41	-0.57	-0.34	0.51	-0.23	0.42	0.75	0.14	0.35	-0.26	-0.54	-0.35		-0.35	0.55	0.62	-0.74	-0.63	0.7	-0.22	-0.7	0.64	-0.48	0.43	-0.48	0.58
Total Liab	0.27	0.85	0.93	-0.1	0.15	-0.11	-0.27	-0.16	0.07	-0.27	0.31	0.93	-0.35		-0.06	-0.02	0.33	0.15	-0.38	-0.12	0.36	-0.31	0.04	0.14	0.04	-0.17
Intangible Assets	0.16	-0.37	-0.16	0.13	-0.09	0.03	0.02	-0.14	0.03	-0.13	-0.51	-0.03	0.55	-0.06		0.74	-0.31	-0.93	0.42	-0.08	-0.27	0.36	-0.14	0.13	-0.14	0.95
Common Stock	0.69	-0.3	0.05	0.69	-0.54	0.61	0.16	0.25	0.57	-0.41	-0.12	0.12	0.62	-0.02	0.74		-0.71	-0.68	0.75	-0.41	-0.65	0.74	-0.57	0.44	-0.57	0.76
Property Plant Equipment	-0.77	0.4	0.2	-0.9	0.53	-0.88	-0.48	-0.62	-0.83	0.36	-0.07	0.26	-0.74	0.33	-0.31	-0.71		0.41	-0.96	0.6	0.98	-0.96	0.88	-0.72	0.88	-0.42
Long Term Debt	-0.24	0.44	0.19	-0.24	0.14	-0.15	-0.08	-0.03	-0.12	0.14	0.45	0.13	-0.63	0.15	-0.93	-0.68	0.41		-0.49	0.21	0.41	-0.42	0.31	-0.34	0.31	-0.89
Net Tangible Assets	0.7	-0.48	-0.31	0.85	-0.4	0.83	0.38	0.59	0.76	-0.33	0.02	-0.32	0.7	-0.38	0.42	0.75	-0.96	-0.49		-0.51	-0.97	0.99	-0.82	0.65	-0.82	0.54
Other Stockholder Equity	-0.67	-0.02	-0.25	-0.65	0.42	-0.66	-0.04	-0.6	-0.83	0.34	-0.49	-0.15	-0.22	-0.12	-0.08	-0.41	0.6	0.21	-0.51		0.6	-0.53	0.84	-0.65	0.84	-0.1
Deferred Long Term Liab	-0.75	0.43	0.25	-0.89	0.43	-0.89	-0.43	-0.67	-0.82	0.37	-0.09	0.3	-0.7	0.36	-0.27	-0.65	0.98	0.41	-0.97	0.6		-0.96	0.89	-0.73	0.89	-0.39
Long Term Investments	0.73	-0.4	-0.24	0.85	-0.41	0.85	0.35	0.63	0.8	-0.34	0.07	-0.26	0.64	-0.31	0.36	0.74	-0.96	-0.42	0.99	-0.53	-0.96		-0.84	0.67	-0.84	0.48
Short Long Term Debt	-0.84	0.09	-0.11	-0.88	0.49	-0.89	-0.24	-0.75	-0.95	0.4	-0.36	0.0	-0.48	0.04	-0.14	-0.57	0.88	0.31	-0.82	0.84	0.89	-0.84		-0.89	1.0	-0.23
Total Current Assets	0.78	0.06	0.28	0.74	-0.44	0.73	0.29	0.65	0.8	-0.34	0.3	0.13	0.43	0.14	0.13	0.44	-0.72	-0.34	0.65	-0.65	-0.73	0.67	-0.89		-0.89	0.17
Short Term Debt	-0.84	0.09	-0.11	-0.88	0.49	-0.89	-0.24	-0.75	-0.95	0.4	-0.36	0.0	-0.48	0.04	-0.14	-0.57	0.88	0.31	-0.82	0.84	0.89	-0.84	1.0	-0.89		-0.23
Non Current Assets Total	0.21	-0.41	-0.26	0.22	-0.1	0.15	0.0	-0.11	0.11	-0.11	-0.48	-0.14	0.58	-0.17	0.95	0.76	-0.42	-0.89	0.54	-0.1	-0.39	0.48	-0.23	0.17	-0.23

Click cells to compare fundamentals

Heilongjiang Transport Account Relationship Matchups

Heilongjiang Transport fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.2B	5.0B	5.2B	5.4B	5.0B
Other Current Liab	277.8M	232.7M	292.5M	17.7M	14.6M	13.9M
Total Current Liabilities	570.8M	474.3M	337.8M	499.6M	328.8M	509.9M
Total Stockholder Equity	4.5B	4.5B	4.5B	4.5B	4.5B	4.1B
Other Liab	2.7M	2.6M	3.6M	8.0M	7.2M	6.9M
Retained Earnings	2.0B	1.9B	2.0B	1.7B	1.8B	1.3B
Accounts Payable	358.5K	125.4K	42.8M	227.5M	59.7M	32.0M
Cash	1.6B	579.9M	1.0B	778.4M	643.2M	718.5M
Other Assets	84.5M	81.9M	80.1M	77.6M	89.2M	50.8M
Net Receivables	63.1M	8.9M	8.0M	10.2M	18.6M	17.7M
Short Term Investments	103.5M	107.1M	43.5M	40.0M	23.0M	21.9M
Inventory	661.4M	532.0M	469.1M	397.3M	614.1M	625.7M
Other Current Assets	10.5M	4.8M	666.2M	1.0B	861.5M	904.5M
Total Liab	563.6M	477.9M	350.1M	506.7M	562.5M	574.1M
Intangible Assets	15.1M	7.7M	1.9M	587.4K	389.2M	408.7M
Property Plant Equipment	1.3B	1.2B	1.1B	1.1B	954.2M	1.2B
Net Tangible Assets	4.2B	4.5B	4.5B	4.5B	5.2B	4.5B
Other Stockholder Equity	19.5M	25.7M	14.8M	23.7M	21.3M	13.2M
Deferred Long Term Liab	6.8M	6.6M	6.3M	5.6M	5.0M	6.1M
Total Current Assets	2.5B	2.3B	2.2B	2.5B	2.2B	2.5B
Non Current Assets Total	2.8B	2.8B	2.8B	2.7B	3.2B	3.1B
Non Currrent Assets Other	2.8B	100.6M	279.8K	19.7M	1.6M	1.5M
Non Current Liabilities Total	2.6M	3.6M	12.3M	7.1M	233.7M	245.4M
Non Current Liabilities Other	60K	10K	1.0M	552.5K	635.4K	452.7K
Net Invested Capital	4.5B	4.5B	4.5B	4.5B	4.5B	4.8B
Net Working Capital	1.9B	1.8B	1.9B	2.0B	1.9B	1.9B

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

Other Information on Investing in Heilongjiang Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Heilongjiang Short Term Debt vs Cash Analysis

Short Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

Correlation Coefficient

Short Term Debt

Cash

Heilongjiang Transport fundamental ratios Correlations

Heilongjiang Transport Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heilongjiang Transport fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Heilongjiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Retained Earnings	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.99	Net Tangible Assets
Deferred Long Term Liab	+ 0.98	Property Plant Equipment
Inventory	+ 0.95	Total Current Liabilities
Non Current Assets Total	+ 0.95	Intangible Assets

Deferred Long Term Liab	- 0.97	Net Tangible Assets
Long Term Investments	- 0.96	Deferred Long Term Liab
Long Term Investments	- 0.96	Property Plant Equipment
Net Tangible Assets	- 0.96	Property Plant Equipment
Short Term Debt	- 0.95	Other Assets
Short Long Term Debt	- 0.95	Other Assets