Bangyan Retained Earnings vs Other Current Liab Analysis

688132 Stock   19.09  0.08  0.42%   
Bangyan Technology financial indicator trend analysis is way more than just evaluating Bangyan Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bangyan Technology is a good investment. Please check the relationship between Bangyan Technology Retained Earnings and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bangyan Technology 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 nation.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bangyan Technology Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bangyan Technology's Retained Earnings and Other Current Liab is -0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Bangyan Technology Co, assuming nothing else is changed. The correlation between historical values of Bangyan Technology's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Bangyan Technology Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Bangyan Technology's Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

Most indicators from Bangyan Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bangyan Technology 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 Bangyan Technology 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 nation.
The current year's Tax Provision is expected to grow to about (6 M). In addition to that, Selling General Administrative is expected to decline to about 49 M
 2021 2022 2023 2024 (projected)
Interest Expense9.4M24.7M6.5M12.7M
Interest Income228.1K1.2M6.1M6.4M

Bangyan Technology fundamental ratios Correlations

-0.73-0.80.980.810.90.93-0.870.840.920.58-0.77-0.190.92-0.740.480.92-0.92-0.791.00.88-0.20.970.920.97-0.77
-0.730.94-0.68-0.68-0.81-0.620.8-0.25-0.81-0.810.50.79-0.780.46-0.7-0.870.660.58-0.73-0.750.81-0.63-0.78-0.670.77
-0.80.94-0.8-0.57-0.74-0.590.94-0.42-0.75-0.590.760.7-0.890.73-0.44-0.920.840.81-0.79-0.670.71-0.77-0.89-0.790.84
0.98-0.68-0.80.670.850.85-0.920.840.830.45-0.85-0.140.97-0.820.320.94-0.96-0.880.980.77-0.180.990.971.0-0.69
0.81-0.68-0.570.670.870.93-0.50.590.960.85-0.29-0.260.58-0.240.850.66-0.56-0.30.80.99-0.20.660.580.64-0.72
0.9-0.81-0.740.850.870.93-0.740.590.960.83-0.47-0.310.83-0.430.750.9-0.7-0.560.910.93-0.360.810.830.83-0.61
0.93-0.62-0.590.850.930.93-0.640.790.950.7-0.49-0.060.74-0.450.660.78-0.72-0.520.930.96-0.060.850.740.83-0.64
-0.870.80.94-0.92-0.5-0.74-0.64-0.62-0.71-0.410.90.42-0.980.88-0.24-0.960.950.95-0.88-0.620.48-0.9-0.98-0.930.73
0.84-0.25-0.420.840.590.590.79-0.620.640.13-0.740.320.68-0.740.080.6-0.82-0.70.840.630.340.890.680.84-0.55
0.92-0.81-0.750.830.960.960.95-0.710.640.84-0.49-0.350.77-0.440.780.84-0.73-0.520.910.99-0.340.80.770.8-0.78
0.58-0.81-0.590.450.850.830.7-0.410.130.84-0.03-0.580.480.020.980.63-0.31-0.120.570.85-0.580.390.480.42-0.53
-0.770.50.76-0.85-0.29-0.47-0.490.9-0.74-0.49-0.030.15-0.851.00.12-0.750.950.98-0.77-0.40.16-0.87-0.85-0.860.67
-0.190.790.7-0.14-0.26-0.31-0.060.420.32-0.35-0.580.15-0.330.13-0.51-0.430.220.21-0.18-0.30.97-0.08-0.33-0.120.56
0.92-0.78-0.890.970.580.830.74-0.980.680.770.48-0.85-0.33-0.830.320.98-0.94-0.920.930.69-0.40.941.00.97-0.68
-0.740.460.73-0.82-0.24-0.43-0.450.88-0.74-0.440.021.00.13-0.830.17-0.720.940.98-0.74-0.350.14-0.85-0.83-0.840.65
0.48-0.7-0.440.320.850.750.66-0.240.080.780.980.12-0.510.320.170.48-0.170.050.470.82-0.480.270.320.29-0.47
0.92-0.87-0.920.940.660.90.78-0.960.60.840.63-0.75-0.430.98-0.720.48-0.88-0.830.930.77-0.50.90.980.93-0.69
-0.920.660.84-0.96-0.56-0.7-0.720.95-0.82-0.73-0.310.950.22-0.940.94-0.17-0.880.95-0.92-0.660.23-0.97-0.94-0.960.79
-0.790.580.81-0.88-0.3-0.56-0.520.95-0.7-0.52-0.120.980.21-0.920.980.05-0.830.95-0.8-0.420.26-0.89-0.92-0.90.63
1.0-0.73-0.790.980.80.910.93-0.880.840.910.57-0.77-0.180.93-0.740.470.93-0.92-0.80.87-0.20.980.930.98-0.75
0.88-0.75-0.670.770.990.930.96-0.620.630.990.85-0.4-0.30.69-0.350.820.77-0.66-0.420.87-0.260.750.690.74-0.75
-0.20.810.71-0.18-0.2-0.36-0.060.480.34-0.34-0.580.160.97-0.40.14-0.48-0.50.230.26-0.2-0.26-0.11-0.4-0.170.44
0.97-0.63-0.770.990.660.810.85-0.90.890.80.39-0.87-0.080.94-0.850.270.9-0.97-0.890.980.75-0.110.940.99-0.71
0.92-0.78-0.890.970.580.830.74-0.980.680.770.48-0.85-0.331.0-0.830.320.98-0.94-0.920.930.69-0.40.940.97-0.68
0.97-0.67-0.791.00.640.830.83-0.930.840.80.42-0.86-0.120.97-0.840.290.93-0.96-0.90.980.74-0.170.990.97-0.67
-0.770.770.84-0.69-0.72-0.61-0.640.73-0.55-0.78-0.530.670.56-0.680.65-0.47-0.690.790.63-0.75-0.750.44-0.71-0.68-0.67
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Bangyan Technology Account Relationship Matchups

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Other Information on Investing in Bangyan Stock

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