Loongson Net Working Capital vs Total Current Liabilities Analysis

688047 Stock

165.20 5.70 3.57%

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

Net Working Capital vs Total Current Liabilities

Net Working Capital vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loongson Technology Corp Net Working Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Loongson Technology's Net Working Capital and Total Current Liabilities is 0.62. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Loongson Technology Corp, assuming nothing else is changed. The correlation between historical values of Loongson Technology's Net Working Capital and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Loongson Technology Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Working Capital i.e., Loongson Technology's Net Working Capital and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Net Working Capital

Total Current Liabilities

Total Current Liabilities is an item on Loongson Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Loongson Technology Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Loongson Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loongson Technology Corp 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 Loongson Technology Corp. 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 (51.4 M). In addition to that, Selling General Administrative is expected to decline to about 123.6 M

	2021	2022	2023	2024 (projected)
Interest Income	7.1M	8.8M	6.1M	6.6M
Net Interest Income	5.8M	6.8M	4.2M	5.9M

Interest Income Net Interest Income

Loongson Technology fundamental ratios Correlations

	Non Current Liabilities Other	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Short Term Investments
Non Current Liabilities Other		-0.58	0.63	-0.85	-0.56	-0.61	0.35	-0.61	-0.02	-0.68	-0.49	-0.5	-0.75	0.68	0.85	-0.66	-0.53	0.65	-0.57	-0.66	-0.95	-0.56	-0.75	-0.54	-0.69	0.99
Total Assets	-0.58		-0.12	0.67	1.0	0.84	0.3	0.86	0.3	0.94	0.97	0.92	0.9	-0.93	-0.86	0.96	0.21	-0.58	1.0	0.93	0.67	1.0	0.9	1.0	0.93	-0.63
Other Current Liab	0.63	-0.12		-0.71	-0.1	-0.47	0.23	-0.43	0.76	-0.45	0.08	-0.16	-0.4	0.05	0.59	-0.32	-0.55	-0.1	-0.11	-0.45	-0.64	-0.06	-0.4	-0.04	-0.41	0.65
Total Current Liabilities	-0.85	0.67	-0.71		0.65	0.64	-0.31	0.64	-0.19	0.81	0.51	0.5	0.91	-0.71	-0.9	0.83	0.78	-0.28	0.67	0.77	0.97	0.64	0.91	0.62	0.88	-0.92
Total Stockholder Equity	-0.56	1.0	-0.1	0.65		0.83	0.31	0.85	0.32	0.93	0.98	0.92	0.89	-0.93	-0.85	0.96	0.19	-0.58	1.0	0.92	0.65	1.0	0.89	1.0	0.92	-0.62
Property Plant And Equipment Net	-0.61	0.84	-0.47	0.64	0.83		0.49	1.0	-0.15	0.93	0.77	0.94	0.72	-0.65	-0.9	0.82	0.03	-0.46	0.82	0.97	0.62	0.81	0.72	0.8	0.8	-0.63
Retained Earnings	0.35	0.3	0.23	-0.31	0.31	0.49		0.49	-0.08	0.27	0.36	0.57	-0.09	0.02	-0.06	0.14	-0.73	-0.01	0.29	0.34	-0.38	0.3	-0.09	0.32	0.07	0.37
Accounts Payable	-0.61	0.86	-0.43	0.64	0.85	1.0	0.49		-0.11	0.94	0.8	0.96	0.73	-0.67	-0.9	0.84	0.03	-0.49	0.85	0.97	0.62	0.83	0.73	0.83	0.81	-0.63
Cash	-0.02	0.3	0.76	-0.19	0.32	-0.15	-0.08	-0.11		-0.04	0.47	0.15	0.13	-0.49	0.07	0.12	-0.19	-0.64	0.31	-0.06	-0.02	0.35	0.13	0.37	0.04	0.01
Non Current Assets Total	-0.68	0.94	-0.45	0.81	0.93	0.93	0.27	0.94	-0.04		0.84	0.9	0.92	-0.82	-0.96	0.97	0.33	-0.43	0.93	0.99	0.77	0.91	0.92	0.91	0.97	-0.73
Non Currrent Assets Other	-0.49	0.97	0.08	0.51	0.98	0.77	0.36	0.8	0.47	0.84		0.91	0.79	-0.92	-0.75	0.88	0.04	-0.68	0.97	0.84	0.55	0.98	0.79	0.99	0.82	-0.52
Net Receivables	-0.5	0.92	-0.16	0.5	0.92	0.94	0.57	0.96	0.15	0.9	0.91		0.71	-0.76	-0.82	0.84	-0.11	-0.59	0.91	0.93	0.51	0.91	0.71	0.91	0.79	-0.51
Common Stock Shares Outstanding	-0.75	0.9	-0.4	0.91	0.89	0.72	-0.09	0.73	0.13	0.92	0.79	0.71		-0.92	-0.92	0.97	0.61	-0.44	0.9	0.87	0.89	0.88	1.0	0.87	0.98	-0.83
Non Current Liabilities Total	0.68	-0.93	0.05	-0.71	-0.93	-0.65	0.02	-0.67	-0.49	-0.82	-0.92	-0.76	-0.92		0.81	-0.91	-0.37	0.69	-0.94	-0.79	-0.76	-0.94	-0.92	-0.94	-0.88	0.73
Capital Lease Obligations	0.85	-0.86	0.59	-0.9	-0.85	-0.9	-0.06	-0.9	0.07	-0.96	-0.75	-0.82	-0.92	0.81		-0.93	-0.44	0.51	-0.85	-0.95	-0.9	-0.83	-0.92	-0.82	-0.94	0.89
Inventory	-0.66	0.96	-0.32	0.83	0.96	0.82	0.14	0.84	0.12	0.97	0.88	0.84	0.97	-0.91	-0.93		0.44	-0.45	0.96	0.94	0.79	0.95	0.97	0.94	0.99	-0.74
Other Current Assets	-0.53	0.21	-0.55	0.78	0.19	0.03	-0.73	0.03	-0.19	0.33	0.04	-0.11	0.61	-0.37	-0.44	0.44		0.13	0.21	0.24	0.71	0.18	0.61	0.16	0.52	-0.63
Total Liab	0.65	-0.58	-0.1	-0.28	-0.58	-0.46	-0.01	-0.49	-0.64	-0.43	-0.68	-0.59	-0.44	0.69	0.51	-0.45	0.13		-0.57	-0.45	-0.49	-0.6	-0.44	-0.6	-0.38	0.58
Net Invested Capital	-0.57	1.0	-0.11	0.67	1.0	0.82	0.29	0.85	0.31	0.93	0.97	0.91	0.9	-0.94	-0.85	0.96	0.21	-0.57		0.92	0.66	1.0	0.9	1.0	0.93	-0.62
Property Plant And Equipment Gross	-0.66	0.93	-0.45	0.77	0.92	0.97	0.34	0.97	-0.06	0.99	0.84	0.93	0.87	-0.79	-0.95	0.94	0.24	-0.45	0.92		0.73	0.9	0.87	0.89	0.93	-0.71
Short Long Term Debt	-0.95	0.67	-0.64	0.97	0.65	0.62	-0.38	0.62	-0.02	0.77	0.55	0.51	0.89	-0.76	-0.9	0.79	0.71	-0.49	0.66	0.73		0.65	0.89	0.63	0.83	-0.99
Total Current Assets	-0.56	1.0	-0.06	0.64	1.0	0.81	0.3	0.83	0.35	0.91	0.98	0.91	0.88	-0.94	-0.83	0.95	0.18	-0.6	1.0	0.9	0.65		0.88	1.0	0.91	-0.61
Capital Stock	-0.75	0.9	-0.4	0.91	0.89	0.72	-0.09	0.73	0.13	0.92	0.79	0.71	1.0	-0.92	-0.92	0.97	0.61	-0.44	0.9	0.87	0.89	0.88		0.87	0.98	-0.83
Net Working Capital	-0.54	1.0	-0.04	0.62	1.0	0.8	0.32	0.83	0.37	0.91	0.99	0.91	0.87	-0.94	-0.82	0.94	0.16	-0.6	1.0	0.89	0.63	1.0	0.87		0.9	-0.59
Intangible Assets	-0.69	0.93	-0.41	0.88	0.92	0.8	0.07	0.81	0.04	0.97	0.82	0.79	0.98	-0.88	-0.94	0.99	0.52	-0.38	0.93	0.93	0.83	0.91	0.98	0.9		-0.77
Short Term Investments	0.99	-0.63	0.65	-0.92	-0.62	-0.63	0.37	-0.63	0.01	-0.73	-0.52	-0.51	-0.83	0.73	0.89	-0.74	-0.63	0.58	-0.62	-0.71	-0.99	-0.61	-0.83	-0.59	-0.77

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

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Loongson Net Working Capital vs Total Current Liabilities Analysis

Net Working Capital vs Total Current Liabilities

Net Working Capital vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Working Capital

Total Current Liabilities

Loongson Technology fundamental ratios Correlations

Loongson Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Loongson Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Short Term Investments	- 0.99	Short Long Term Debt
Capital Lease Obligations	- 0.96	Non Current Assets Total
Property Plant And Equipment Gross	- 0.95	Capital Lease Obligations
Short Long Term Debt	- 0.95	Non Current Liabilities Other
Intangible Assets	- 0.94	Capital Lease Obligations
Net Working Capital	- 0.94	Non Current Liabilities Total