Nanjing Accounts Payable vs Total Assets Analysis

603326 Stock

6.67 0.13 1.91%

Nanjing OLO financial indicator trend analysis is infinitely more than just investigating Nanjing OLO Home recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing OLO Home is a good investment. Please check the relationship between Nanjing OLO Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing OLO Home. 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.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing OLO Home Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Nanjing OLO's Accounts Payable and Total Assets is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nanjing OLO Home, assuming nothing else is changed. The correlation between historical values of Nanjing OLO's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nanjing OLO Home are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Nanjing OLO's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Nanjing OLO 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 Nanjing OLO Home 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.

Total Assets

Total assets refers to the total amount of Nanjing OLO assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nanjing OLO Home books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Nanjing OLO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing OLO Home 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 Nanjing OLO Home. 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 Tax Provision is expected to grow to about 12.1 M, whereas Selling General Administrative is forecasted to decline to about 248.8 M.

	2021	2022	2023	2024 (projected)
Operating Income	197.1M	201.8M	273.8M	153.4M
Total Revenue	1.7B	1.7B	1.7B	1.1B

Operating Income Total Revenue

Nanjing OLO fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Other Liab	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab	Total Current Assets	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.75	0.97	0.95	0.92	0.95	0.85	0.73	0.7	-0.29	0.94	0.54	0.96	0.97	0.98	0.91	0.74	0.98	0.92	0.96	-0.86	0.89	0.76	0.95	0.24	0.89
Other Current Liab	0.75		0.76	0.69	0.64	0.78	0.4	0.26	0.75	-0.16	0.79	0.33	0.74	0.75	0.71	0.54	0.34	0.73	0.66	0.65	-0.76	0.6	0.42	0.7	-0.12	0.47
Total Current Liabilities	0.97	0.76		0.86	0.82	0.95	0.81	0.7	0.62	-0.26	0.92	0.48	0.99	0.92	0.92	0.89	0.74	0.98	0.84	0.94	-0.82	0.91	0.8	0.93	0.27	0.88
Total Stockholder Equity	0.95	0.69	0.86		0.96	0.91	0.84	0.64	0.77	-0.28	0.88	0.62	0.84	0.97	0.96	0.85	0.58	0.9	0.97	0.87	-0.84	0.74	0.58	0.93	0.21	0.79
Retained Earnings	0.92	0.64	0.82	0.96		0.87	0.79	0.63	0.77	-0.35	0.87	0.5	0.81	0.92	0.92	0.83	0.58	0.89	0.95	0.85	-0.88	0.72	0.61	0.89	0.19	0.82
Accounts Payable	0.95	0.78	0.95	0.91	0.87		0.8	0.58	0.67	-0.22	0.88	0.56	0.91	0.95	0.94	0.84	0.55	0.96	0.91	0.86	-0.83	0.77	0.61	0.97	0.24	0.79
Cash	0.85	0.4	0.81	0.84	0.79	0.8		0.88	0.53	-0.25	0.77	0.57	0.8	0.84	0.84	0.96	0.71	0.85	0.86	0.86	-0.71	0.78	0.66	0.89	0.67	0.86
Other Assets	0.73	0.26	0.7	0.64	0.63	0.58	0.88		0.35	-0.31	0.65	0.3	0.75	0.66	0.7	0.91	0.91	0.74	0.63	0.86	-0.63	0.86	0.81	0.66	0.68	0.9
Net Receivables	0.7	0.75	0.62	0.77	0.77	0.67	0.53	0.35		-0.23	0.83	0.36	0.58	0.68	0.7	0.62	0.27	0.68	0.78	0.61	-0.85	0.46	0.38	0.7	0.12	0.49
Short Term Investments	-0.29	-0.16	-0.26	-0.28	-0.35	-0.22	-0.25	-0.31	-0.23		-0.36	-0.21	-0.28	-0.29	-0.26	-0.35	-0.31	-0.35	-0.36	-0.4	0.38	-0.34	-0.35	-0.29	-0.15	-0.4
Inventory	0.94	0.79	0.92	0.88	0.87	0.88	0.77	0.65	0.83	-0.36		0.51	0.91	0.88	0.89	0.87	0.66	0.94	0.88	0.91	-0.89	0.82	0.74	0.9	0.25	0.82
Other Current Assets	0.54	0.33	0.48	0.62	0.5	0.56	0.57	0.3	0.36	-0.21	0.51		0.43	0.58	0.59	0.47	0.19	0.45	0.63	0.43	-0.21	0.29	0.18	0.58	0.16	0.34
Total Liab	0.96	0.74	0.99	0.84	0.81	0.91	0.8	0.75	0.58	-0.28	0.91	0.43		0.9	0.91	0.89	0.82	0.97	0.8	0.96	-0.81	0.95	0.86	0.89	0.26	0.92
Intangible Assets	0.97	0.75	0.92	0.97	0.92	0.95	0.84	0.66	0.68	-0.29	0.88	0.58	0.9		0.96	0.87	0.63	0.94	0.95	0.9	-0.84	0.81	0.61	0.96	0.22	0.81
Common Stock	0.98	0.71	0.92	0.96	0.92	0.94	0.84	0.7	0.7	-0.26	0.89	0.59	0.91	0.96		0.88	0.68	0.94	0.91	0.92	-0.82	0.83	0.71	0.92	0.2	0.86
Property Plant Equipment	0.91	0.54	0.89	0.85	0.83	0.84	0.96	0.91	0.62	-0.35	0.87	0.47	0.89	0.87	0.88		0.81	0.93	0.87	0.95	-0.83	0.89	0.79	0.9	0.6	0.94
Long Term Debt	0.74	0.34	0.74	0.58	0.58	0.55	0.71	0.91	0.27	-0.31	0.66	0.19	0.82	0.63	0.68	0.81		0.73	0.51	0.88	-0.59	0.94	0.93	0.57	0.37	0.91
Other Liab	0.98	0.73	0.98	0.9	0.89	0.96	0.85	0.74	0.68	-0.35	0.94	0.45	0.97	0.94	0.94	0.93	0.73		0.9	0.96	-0.9	0.9	0.79	0.96	0.33	0.91
Net Tangible Assets	0.92	0.66	0.84	0.97	0.95	0.91	0.86	0.63	0.78	-0.36	0.88	0.63	0.8	0.95	0.91	0.87	0.51	0.9		0.84	-0.86	0.69	0.52	0.96	0.33	0.76
Non Current Assets Total	0.96	0.65	0.94	0.87	0.85	0.86	0.86	0.86	0.61	-0.4	0.91	0.43	0.96	0.9	0.92	0.95	0.88	0.96	0.84		-0.85	0.97	0.88	0.87	0.37	0.97
Non Currrent Assets Other	-0.86	-0.76	-0.82	-0.84	-0.88	-0.83	-0.71	-0.63	-0.85	0.38	-0.89	-0.21	-0.81	-0.84	-0.82	-0.83	-0.59	-0.9	-0.86	-0.85		-0.77	-0.64	-0.85	-0.29	-0.79
Non Current Liabilities Total	0.89	0.6	0.91	0.74	0.72	0.77	0.78	0.86	0.46	-0.34	0.82	0.29	0.95	0.81	0.83	0.89	0.94	0.9	0.69	0.97	-0.77		0.93	0.77	0.33	0.95
Deferred Long Term Liab	0.76	0.42	0.8	0.58	0.61	0.61	0.66	0.81	0.38	-0.35	0.74	0.18	0.86	0.61	0.71	0.79	0.93	0.79	0.52	0.88	-0.64	0.93		0.61	0.3	0.92
Total Current Assets	0.95	0.7	0.93	0.93	0.89	0.97	0.89	0.66	0.7	-0.29	0.9	0.58	0.89	0.96	0.92	0.9	0.57	0.96	0.96	0.87	-0.85	0.77	0.61		0.38	0.81
Common Stock Shares Outstanding	0.24	-0.12	0.27	0.21	0.19	0.24	0.67	0.68	0.12	-0.15	0.25	0.16	0.26	0.22	0.2	0.6	0.37	0.33	0.33	0.37	-0.29	0.33	0.3	0.38		0.44
Net Invested Capital	0.89	0.47	0.88	0.79	0.82	0.79	0.86	0.9	0.49	-0.4	0.82	0.34	0.92	0.81	0.86	0.94	0.91	0.91	0.76	0.97	-0.79	0.95	0.92	0.81	0.44

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Nanjing OLO Account Relationship Matchups

Nanjing OLO fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.0B	2.4B	2.2B	2.4B	1.4B
Other Current Liab	308.1M	321.5M	464.7M	379.7M	92.6M	88.0M
Total Current Liabilities	527.5M	716.4M	1.2B	755.4M	904.8M	516.5M
Total Stockholder Equity	951.6M	1.1B	873.9M	1.0B	1.1B	691.7M
Retained Earnings	386.8M	543.0M	284.5M	425.1M	484.2M	271.5M
Accounts Payable	162.6M	300.1M	320.3M	189.0M	233.8M	157.8M
Cash	235.5M	308.8M	377.7M	297.6M	544.4M	571.7M
Other Assets	53.2M	54.6M	179.5M	299.3M	344.1M	361.3M
Net Receivables	308.9M	195.4M	160.8M	193.3M	101.6M	135.6M
Inventory	109.2M	89.1M	117.6M	102.4M	101.5M	78.2M
Other Current Assets	48.4M	54.1M	68.5M	20.7M	85.7M	51.1M
Total Liab	607.3M	860.0M	1.5B	1.2B	1.3B	659.6M
Intangible Assets	38.5M	58.8M	56.8M	55.0M	55.5M	37.3M
Common Stock	226.2M	316.5M	322.1M	315.5M	362.8M	188.7M
Property Plant Equipment	553.7M	704.3M	842.8M	1.1B	1.3B	1.3B
Other Liab	79.7M	122.3M	148.6M	113.3M	130.3M	86.3M
Net Tangible Assets	787.7M	913.1M	1.1B	817.1M	939.7M	837.4M
Non Current Assets Total	796.1M	956.2M	1.3B	1.5B	1.5B	1.0B
Non Currrent Assets Other	6.6M	3.9M	10.8M	2.2M	18.7M	14.6M
Non Current Liabilities Total	79.7M	143.6M	383.6M	421.1M	390.1M	206.7M
Deferred Long Term Liab	25.0M	22.5M	35.7M	35.4M	40.7M	27.2M
Total Current Assets	762.8M	1.0B	1.1B	701.5M	945.1M	828.3M
Common Stock Shares Outstanding	316.3M	316.5M	322.1M	315.5M	322.9M	349.8M
Net Invested Capital	951.6M	1.2B	1.3B	1.4B	1.6B	1.3B
Non Current Liabilities Other	64.6M	109.3M	132.7M	98.4M	35.7M	33.9M
Net Working Capital	235.3M	307.2M	(89.8M)	(54.0M)	40.4M	38.4M
Capital Stock	226.2M	316.5M	322.1M	315.5M	323.4M	317.1M

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Other Information on Investing in Nanjing Stock

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

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Nanjing Accounts Payable vs Total Assets Analysis

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Assets

Nanjing OLO fundamental ratios Correlations

Nanjing OLO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanjing OLO fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Nanjing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Assets

Non Currrent Assets Other	- 0.9	Other Liab
Non Currrent Assets Other	- 0.89	Inventory
Non Currrent Assets Other	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.86	Net Tangible Assets
Non Currrent Assets Other	- 0.86	Total Assets
Total Current Assets	- 0.85	Non Currrent Assets Other