Loongson Short Long Term Debt vs Net Working Capital 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 Short Long Term Debt and its Net Working Capital 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.

Short Long Term Debt vs Net Working Capital

Short Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loongson Technology Corp Short Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Loongson Technology's Short Long Term Debt and Net Working Capital is 0.63. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Working Capital 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 Short Long Term Debt and Net Working 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 Short Long Term Debt of Loongson Technology Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Long Term Debt i.e., Loongson Technology's Short Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Net Working Capital

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 Income7.1M8.8M6.1M6.6M
Net Interest Income5.8M6.8M4.2M5.9M

Loongson Technology fundamental ratios Correlations

-0.580.63-0.85-0.56-0.610.35-0.61-0.02-0.68-0.49-0.5-0.750.680.85-0.66-0.530.65-0.57-0.66-0.95-0.56-0.75-0.54-0.690.99
-0.58-0.120.671.00.840.30.860.30.940.970.920.9-0.93-0.860.960.21-0.581.00.930.671.00.91.00.93-0.63
0.63-0.12-0.71-0.1-0.470.23-0.430.76-0.450.08-0.16-0.40.050.59-0.32-0.55-0.1-0.11-0.45-0.64-0.06-0.4-0.04-0.410.65
-0.850.67-0.710.650.64-0.310.64-0.190.810.510.50.91-0.71-0.90.830.78-0.280.670.770.970.640.910.620.88-0.92
-0.561.0-0.10.650.830.310.850.320.930.980.920.89-0.93-0.850.960.19-0.581.00.920.651.00.891.00.92-0.62
-0.610.84-0.470.640.830.491.0-0.150.930.770.940.72-0.65-0.90.820.03-0.460.820.970.620.810.720.80.8-0.63
0.350.30.23-0.310.310.490.49-0.080.270.360.57-0.090.02-0.060.14-0.73-0.010.290.34-0.380.3-0.090.320.070.37
-0.610.86-0.430.640.851.00.49-0.110.940.80.960.73-0.67-0.90.840.03-0.490.850.970.620.830.730.830.81-0.63
-0.020.30.76-0.190.32-0.15-0.08-0.11-0.040.470.150.13-0.490.070.12-0.19-0.640.31-0.06-0.020.350.130.370.040.01
-0.680.94-0.450.810.930.930.270.94-0.040.840.90.92-0.82-0.960.970.33-0.430.930.990.770.910.920.910.97-0.73
-0.490.970.080.510.980.770.360.80.470.840.910.79-0.92-0.750.880.04-0.680.970.840.550.980.790.990.82-0.52
-0.50.92-0.160.50.920.940.570.960.150.90.910.71-0.76-0.820.84-0.11-0.590.910.930.510.910.710.910.79-0.51
-0.750.9-0.40.910.890.72-0.090.730.130.920.790.71-0.92-0.920.970.61-0.440.90.870.890.881.00.870.98-0.83
0.68-0.930.05-0.71-0.93-0.650.02-0.67-0.49-0.82-0.92-0.76-0.920.81-0.91-0.370.69-0.94-0.79-0.76-0.94-0.92-0.94-0.880.73
0.85-0.860.59-0.9-0.85-0.9-0.06-0.90.07-0.96-0.75-0.82-0.920.81-0.93-0.440.51-0.85-0.95-0.9-0.83-0.92-0.82-0.940.89
-0.660.96-0.320.830.960.820.140.840.120.970.880.840.97-0.91-0.930.44-0.450.960.940.790.950.970.940.99-0.74
-0.530.21-0.550.780.190.03-0.730.03-0.190.330.04-0.110.61-0.37-0.440.440.130.210.240.710.180.610.160.52-0.63
0.65-0.58-0.1-0.28-0.58-0.46-0.01-0.49-0.64-0.43-0.68-0.59-0.440.690.51-0.450.13-0.57-0.45-0.49-0.6-0.44-0.6-0.380.58
-0.571.0-0.110.671.00.820.290.850.310.930.970.910.9-0.94-0.850.960.21-0.570.920.661.00.91.00.93-0.62
-0.660.93-0.450.770.920.970.340.97-0.060.990.840.930.87-0.79-0.950.940.24-0.450.920.730.90.870.890.93-0.71
-0.950.67-0.640.970.650.62-0.380.62-0.020.770.550.510.89-0.76-0.90.790.71-0.490.660.730.650.890.630.83-0.99
-0.561.0-0.060.641.00.810.30.830.350.910.980.910.88-0.94-0.830.950.18-0.61.00.90.650.881.00.91-0.61
-0.750.9-0.40.910.890.72-0.090.730.130.920.790.711.0-0.92-0.920.970.61-0.440.90.870.890.880.870.98-0.83
-0.541.0-0.040.621.00.80.320.830.370.910.990.910.87-0.94-0.820.940.16-0.61.00.890.631.00.870.9-0.59
-0.690.93-0.410.880.920.80.070.810.040.970.820.790.98-0.88-0.940.990.52-0.380.930.930.830.910.980.9-0.77
0.99-0.630.65-0.92-0.62-0.630.37-0.630.01-0.73-0.52-0.51-0.830.730.89-0.74-0.630.58-0.62-0.71-0.99-0.61-0.83-0.59-0.77
Click cells to compare fundamentals

Loongson Technology Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Loongson Stock

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.