Juewei Deferred Long Term Liab vs Total Assets Analysis

603517 Stock   19.92  0.74  3.86%   
Juewei Food financial indicator trend analysis is infinitely more than just investigating Juewei Food recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juewei Food is a good investment. Please check the relationship between Juewei Food Deferred Long Term Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Juewei Food Co. 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.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juewei Food Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Juewei Food's Deferred Long Term Liab and Total Assets is 0.85. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Juewei Food Co, assuming nothing else is changed. The correlation between historical values of Juewei Food's Deferred Long Term Liab 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 Deferred Long Term Liab of Juewei Food Co 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 Deferred Long Term Liab i.e., Juewei Food's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

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

Total Assets

Total assets refers to the total amount of Juewei Food 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 Juewei Food 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 Juewei Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juewei 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 Juewei Food Co. 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.
The current year's Selling General Administrative is expected to grow to about 475.3 M. The current year's Tax Provision is expected to grow to about 246.1 M
 2021 2022 2023 2024 (projected)
Operating Income1.1B466.1M717.1M638.3M
Total Revenue6.5B6.6B7.3B4.5B

Juewei Food fundamental ratios Correlations

-0.020.971.00.880.980.780.710.860.86-0.060.970.870.820.990.950.520.91-0.520.850.930.940.940.760.820.84
-0.02-0.160.030.34-0.180.160.41-0.150.250.72-0.180.070.30.03-0.10.330.210.080.080.150.110.010.220.26-0.33
0.97-0.160.950.790.980.650.570.930.79-0.231.00.820.720.980.980.440.83-0.550.80.870.850.910.630.730.91
1.00.030.950.90.970.820.750.820.870.00.950.870.840.990.930.550.93-0.50.860.940.950.940.80.840.81
0.880.340.790.90.810.840.860.660.960.220.780.910.950.890.790.710.98-0.430.850.890.940.910.790.910.61
0.98-0.180.980.970.810.720.590.880.79-0.220.980.850.750.970.970.470.85-0.620.780.850.880.930.670.740.9
0.780.160.650.820.840.720.810.440.720.210.640.760.810.730.630.570.86-0.250.790.780.930.780.840.840.5
0.710.410.570.750.860.590.810.350.850.550.530.720.860.690.50.710.82-0.130.720.850.850.660.940.920.23
0.86-0.150.930.820.660.880.440.350.68-0.360.940.670.550.890.950.310.7-0.630.670.730.680.830.390.590.92
0.860.250.790.870.960.790.720.850.680.20.780.890.930.870.770.70.95-0.410.840.870.90.890.760.90.58
-0.060.72-0.230.00.22-0.220.210.55-0.360.2-0.27-0.050.18-0.08-0.270.090.180.310.150.240.15-0.060.480.31-0.51
0.97-0.181.00.950.780.980.640.530.940.78-0.270.820.710.970.980.430.82-0.570.790.850.840.910.60.710.93
0.870.070.820.870.910.850.760.720.670.89-0.050.820.920.870.810.720.89-0.460.810.780.880.90.660.790.71
0.820.30.720.840.950.750.810.860.550.930.180.710.920.820.70.860.9-0.330.80.810.890.820.760.850.51
0.990.030.980.990.890.970.730.690.890.87-0.080.970.870.820.970.550.9-0.550.820.910.910.930.710.80.85
0.95-0.10.980.930.790.970.630.50.950.77-0.270.980.810.70.970.430.82-0.660.750.80.820.920.540.690.94
0.520.330.440.550.710.470.570.710.310.70.090.430.720.860.550.430.59-0.20.440.520.590.50.540.640.23
0.910.210.830.930.980.850.860.820.70.950.180.820.890.90.90.820.59-0.440.920.910.970.960.80.910.67
-0.520.08-0.55-0.5-0.43-0.62-0.25-0.13-0.63-0.410.31-0.57-0.46-0.33-0.55-0.66-0.2-0.44-0.2-0.31-0.4-0.55-0.17-0.37-0.63
0.850.080.80.860.850.780.790.720.670.840.150.790.810.80.820.750.440.92-0.20.870.910.90.720.810.66
0.930.150.870.940.890.850.780.850.730.870.240.850.780.810.910.80.520.91-0.310.870.920.870.890.890.63
0.940.110.850.950.940.880.930.850.680.90.150.840.880.890.910.820.590.97-0.40.910.920.930.860.930.67
0.940.010.910.940.910.930.780.660.830.89-0.060.910.90.820.930.920.50.96-0.550.90.870.930.670.820.84
0.760.220.630.80.790.670.840.940.390.760.480.60.660.760.710.540.540.8-0.170.720.890.860.670.870.32
0.820.260.730.840.910.740.840.920.590.90.310.710.790.850.80.690.640.91-0.370.810.890.930.820.870.48
0.84-0.330.910.810.610.90.50.230.920.58-0.510.930.710.510.850.940.230.67-0.630.660.630.670.840.320.48
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Juewei Food Account Relationship Matchups

Juewei Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B5.9B7.4B8.9B9.3B9.8B
Other Current Liab339.6M371.6M596.2M14.1M11.4M10.9M
Total Current Liabilities880.6M903.9M1.5B1.7B2.1B2.3B
Total Stockholder Equity4.6B5.0B5.7B6.9B6.9B7.2B
Retained Earnings2.4B2.8B3.4B3.0B3.3B1.8B
Accounts Payable290.7M418.8M473.3M705.4M713.0M748.6M
Cash1.6B1.1B1.1B1.9B1.1B868.6M
Other Assets241.5M290.4M291.7M194.6M223.8M157.7M
Net Receivables13.4M37.1M154.6M116.0M178.8M187.8M
Inventory668.5M857.4M853.5M701.6M1.1B570.1M
Other Current Assets186.5M211.9M126.6M32.2M43.7M41.5M
Total Liab897.3M932.0M1.7B2.0B2.5B2.6B
Intangible Assets197.3M212.7M249.3M321.3M331.6M190.9M
Property Plant Equipment1.1B1.4B1.7B2.4B2.7B2.9B
Other Liab13.7M16.7M28.1M63.4M72.9M76.5M
Net Tangible Assets2.9B4.4B4.8B5.5B6.3B3.5B
Other Stockholder Equity1.9M6.3M(4.2M)(4.6M)(4.2M)(4.0M)
Deferred Long Term Liab56.6M75.5M62.4M70.1M80.6M64.1M
Total Current Assets2.5B2.2B2.3B2.9B2.9B2.1B
Non Current Assets Total3.0B3.7B5.1B6.0B6.5B4.0B
Non Currrent Assets Other199.1M213.7M110.2M173.3M137.5M161.6M
Non Current Liabilities Total16.7M28.1M234.4M330.0M311.6M327.2M
Short Long Term Debt180M35.4M203.2M360.3M783.5M822.7M
Net Invested Capital4.7B5.0B5.9B7.3B7.7B5.7B
Net Working Capital1.6B1.3B816.8M1.2B700.7M843.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Juewei Stock

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