Guangdong Accounts Payable vs Net Invested Capital Analysis

603983 Stock   32.32  1.34  4.33%   
Guangdong Marubi financial indicator trend analysis is much more than just examining Guangdong Marubi Bio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Marubi Bio is a good investment. Please check the relationship between Guangdong Marubi Accounts Payable and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Marubi Biotechnology. 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 Net Invested Capital

Accounts Payable vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Marubi Bio Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangdong Marubi's Accounts Payable and Net Invested Capital is 0.44. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Guangdong Marubi Biotechnology, assuming nothing else is changed. The correlation between historical values of Guangdong Marubi's Accounts Payable and Net Invested Capital 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 Guangdong Marubi Biotechnology are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., Guangdong Marubi's Accounts Payable and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Guangdong Marubi 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 Guangdong Marubi Bio 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Guangdong Marubi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Marubi Bio 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 Guangdong Marubi Biotechnology. 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 52.3 M, whereas Selling General Administrative is forecasted to decline to about 798.9 M.
 2021 2022 2023 2024 (projected)
Net Interest Income34.1M14.0M15.1M24.6M
Tax Provision68.4M39.2M39.5M52.3M

Guangdong Marubi fundamental ratios Correlations

-0.720.651.0-0.160.970.990.480.360.870.810.87-0.360.480.880.74-0.830.71-0.210.780.90.770.920.640.91.0
-0.72-0.64-0.69-0.03-0.58-0.68-0.77-0.1-0.69-0.4-0.640.1-0.67-0.71-0.930.78-0.80.37-0.63-0.59-0.8-0.77-0.65-0.72-0.72
0.65-0.640.6-0.090.630.60.670.360.480.340.57-0.570.030.690.54-0.410.940.050.470.660.390.830.420.560.61
1.0-0.690.6-0.150.970.990.440.360.860.820.87-0.350.470.870.71-0.830.66-0.220.790.90.760.90.620.911.0
-0.16-0.03-0.09-0.15-0.07-0.120.350.56-0.46-0.5-0.48-0.41-0.050.22-0.250.32-0.16-0.510.360.15-0.29-0.22-0.4-0.15-0.19
0.97-0.580.630.97-0.070.970.410.550.740.80.82-0.530.340.890.55-0.670.64-0.150.810.960.590.850.430.880.96
0.99-0.680.60.99-0.120.970.490.370.860.830.87-0.390.440.860.7-0.820.64-0.20.820.890.760.880.60.890.99
0.48-0.770.670.440.350.410.490.30.370.140.36-0.480.30.560.62-0.440.69-0.130.630.480.460.530.370.390.44
0.36-0.10.360.360.560.550.370.3-0.120.120.07-0.87-0.010.6-0.160.170.27-0.050.570.71-0.240.21-0.380.30.33
0.87-0.690.480.86-0.460.740.860.37-0.120.820.870.060.550.580.83-0.950.59-0.170.560.560.90.820.870.740.88
0.81-0.40.340.82-0.50.80.830.140.120.820.93-0.170.370.460.52-0.710.390.130.580.610.610.640.450.730.83
0.87-0.640.570.87-0.480.820.870.360.070.870.93-0.20.370.590.73-0.830.620.080.610.680.760.820.580.860.89
-0.360.1-0.57-0.35-0.41-0.53-0.39-0.48-0.870.06-0.17-0.20.3-0.540.1-0.12-0.39-0.22-0.54-0.660.17-0.320.29-0.3-0.32
0.48-0.670.030.47-0.050.340.440.3-0.010.550.370.370.30.370.67-0.60.35-0.330.360.310.580.290.470.410.51
0.88-0.710.690.870.220.890.860.560.60.580.460.59-0.540.370.61-0.610.71-0.370.760.950.580.850.430.840.86
0.74-0.930.540.71-0.250.550.70.62-0.160.830.520.730.10.670.61-0.920.72-0.230.470.490.940.780.810.750.75
-0.830.78-0.41-0.830.32-0.67-0.82-0.440.17-0.95-0.71-0.83-0.12-0.6-0.61-0.92-0.540.29-0.57-0.54-0.99-0.8-0.86-0.8-0.85
0.71-0.80.940.66-0.160.640.640.690.270.590.390.62-0.390.350.710.72-0.540.00.460.650.530.840.550.610.68
-0.210.370.05-0.22-0.51-0.15-0.2-0.13-0.05-0.170.130.08-0.22-0.33-0.37-0.230.290.0-0.42-0.2-0.31-0.21-0.3-0.19-0.19
0.78-0.630.470.790.360.810.820.630.570.560.580.61-0.540.360.760.47-0.570.46-0.420.810.50.630.290.680.76
0.9-0.590.660.90.150.960.890.480.710.560.610.68-0.660.310.950.49-0.540.65-0.20.810.480.80.280.850.88
0.77-0.80.390.76-0.290.590.760.46-0.240.90.610.760.170.580.580.94-0.990.53-0.310.50.480.780.860.770.78
0.92-0.770.830.9-0.220.850.880.530.210.820.640.82-0.320.290.850.78-0.80.84-0.210.630.80.780.710.860.9
0.64-0.650.420.62-0.40.430.60.37-0.380.870.450.580.290.470.430.81-0.860.55-0.30.290.280.860.710.480.63
0.9-0.720.560.91-0.150.880.890.390.30.740.730.86-0.30.410.840.75-0.80.61-0.190.680.850.770.860.480.92
1.0-0.720.611.0-0.190.960.990.440.330.880.830.89-0.320.510.860.75-0.850.68-0.190.760.880.780.90.630.92
Click cells to compare fundamentals

Guangdong Marubi Account Relationship Matchups

Guangdong Marubi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.8B3.8B4.1B4.5B3.4B
Other Current Liab296.0M369.6M349.8M4.5M20.0M19.0M
Total Current Liabilities740.0M786.6M576.5M668.5M1.0B790.0M
Total Stockholder Equity2.7B3.0B3.1B3.2B3.3B2.5B
Other Liab25.6M26.4M7.8M12.0M10.8M14.4M
Net Tangible Assets1.3B2.7B3.0B2.3B2.7B2.0B
Retained Earnings1.5B1.8B1.9B1.8B2.0B1.5B
Accounts Payable212.8M203.1M198.4M229.8M262.6M246.6M
Cash2.1B1.7B806.1M1.1B1.1B1.0B
Non Current Assets Total307.9M1.1B1.8B1.9B1.9B1.1B
Non Currrent Assets Other4.1M742.5M530.4M469.1M304.8M282.4M
Other Assets38.3M40.9M798.8M562.0M646.3M678.6M
Net Receivables5.6M5.2M57.4M69.8M28.0M38.2M
Non Current Liabilities Total26.4M7.8M26.6M173.1M25.0M44.2M
Inventory187.0M138.3M138.4M151.7M171.7M156.2M
Other Current Assets33.5M42.4M222.9M474.7M442.7M464.8M
Other Stockholder Equity(74.5K)(62.3K)(285.9K)(1.3M)(1.1M)(1.1M)
Total Liab766.4M794.4M603.2M841.6M1.0B838.7M
Deferred Long Term Liab16.7M7.3M21.2M10.0M11.5M13.6M
Total Current Assets3.1B2.7B2.0B2.2B2.5B2.3B
Intangible Assets17.7M18.6M764.6M748.6M719.6M755.6M
Property Plant Equipment260.3M249.3M246.0M384.1M441.8M308.7M
Net Invested Capital2.7B3.1B3.1B3.4B3.4B2.8B
Net Working Capital2.4B1.9B1.4B1.6B1.5B1.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Guangdong Stock

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