China Other Liab vs Non Current Assets Total Analysis

688425 Stock   4.76  0.01  0.21%   
China Railway financial indicator trend analysis is way more than just evaluating China Railway Constr prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Constr is a good investment. Please check the relationship between China Railway Other Liab and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Construction. 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.

Other Liab vs Non Current Assets Total

Other Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Constr Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between China Railway's Other Liab and Non Current Assets Total is -0.97. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of China Railway Construction, assuming nothing else is changed. The correlation between historical values of China Railway's Other Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of China Railway Construction are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., China Railway's Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Constr 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 China Railway Construction. 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 Selling General Administrative is expected to grow to about 479 M, whereas Tax Provision is forecasted to decline to about 149.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense88.5M63.5M74.4M50.8M
Depreciation And Amortization702.9M797.1M916.7M467.4M

China Railway fundamental ratios Correlations

0.62-0.70.370.990.960.610.760.92-0.410.96-0.14-0.160.970.940.95-0.760.950.760.94-0.370.950.98-0.971.00.98
0.62-0.590.80.530.770.870.10.63-0.670.780.16-0.650.530.60.48-0.870.670.90.360.480.450.54-0.760.610.59
-0.7-0.59-0.4-0.68-0.67-0.66-0.7-0.740.53-0.670.180.4-0.63-0.57-0.630.43-0.64-0.59-0.660.03-0.64-0.610.76-0.66-0.63
0.370.8-0.40.240.530.94-0.10.58-0.880.53-0.26-0.880.340.240.29-0.650.510.870.130.510.20.32-0.530.370.32
0.990.53-0.680.240.930.510.820.89-0.320.93-0.13-0.050.970.940.96-0.690.920.660.97-0.470.960.98-0.930.990.97
0.960.77-0.670.530.930.730.620.89-0.531.0-0.13-0.270.910.90.87-0.870.940.850.81-0.160.850.94-0.960.960.91
0.610.87-0.660.940.510.730.220.76-0.890.74-0.29-0.810.590.460.53-0.750.710.940.390.340.440.55-0.740.60.54
0.760.1-0.7-0.10.820.620.220.68-0.170.61-0.350.140.780.620.8-0.20.610.240.86-0.660.760.77-0.640.750.69
0.920.63-0.740.580.890.890.760.68-0.650.89-0.33-0.420.910.790.91-0.660.90.830.87-0.260.860.92-0.930.930.89
-0.41-0.670.53-0.88-0.32-0.53-0.89-0.17-0.65-0.520.380.9-0.43-0.16-0.430.44-0.43-0.74-0.23-0.4-0.19-0.410.5-0.43-0.29
0.960.78-0.670.530.931.00.740.610.89-0.52-0.11-0.280.920.910.87-0.880.940.860.81-0.150.850.94-0.970.960.92
-0.140.160.18-0.26-0.13-0.13-0.29-0.35-0.330.38-0.110.11-0.210.09-0.16-0.07-0.22-0.14-0.160.37-0.1-0.20.1-0.14-0.02
-0.16-0.650.4-0.88-0.05-0.27-0.810.14-0.420.9-0.280.11-0.170.02-0.180.34-0.23-0.650.02-0.640.02-0.10.31-0.16-0.1
0.970.53-0.630.340.970.910.590.780.91-0.430.92-0.21-0.170.890.98-0.710.930.710.94-0.440.920.96-0.920.970.94
0.940.6-0.570.240.940.90.460.620.79-0.160.910.090.020.890.85-0.80.920.690.89-0.370.950.91-0.930.930.98
0.950.48-0.630.290.960.870.530.80.91-0.430.87-0.16-0.180.980.85-0.610.870.650.95-0.450.910.96-0.880.960.92
-0.76-0.870.43-0.65-0.69-0.87-0.75-0.2-0.660.44-0.88-0.070.34-0.71-0.8-0.61-0.85-0.89-0.53-0.11-0.65-0.690.84-0.75-0.76
0.950.67-0.640.510.920.940.710.610.9-0.430.94-0.22-0.230.930.920.87-0.850.850.86-0.320.920.91-0.970.940.95
0.760.9-0.590.870.660.850.940.240.83-0.740.86-0.14-0.650.710.690.65-0.890.850.550.190.630.7-0.870.750.73
0.940.36-0.660.130.970.810.390.860.87-0.230.81-0.160.020.940.890.95-0.530.860.55-0.60.970.93-0.870.940.94
-0.370.480.030.51-0.47-0.160.34-0.66-0.26-0.4-0.150.37-0.64-0.44-0.37-0.45-0.11-0.320.19-0.6-0.54-0.440.19-0.38-0.4
0.950.45-0.640.20.960.850.440.760.86-0.190.85-0.10.020.920.950.91-0.650.920.630.97-0.540.93-0.910.940.98
0.980.54-0.610.320.980.940.550.770.92-0.410.94-0.2-0.10.960.910.96-0.690.910.70.93-0.440.93-0.920.990.95
-0.97-0.760.76-0.53-0.93-0.96-0.74-0.64-0.930.5-0.970.10.31-0.92-0.93-0.880.84-0.97-0.87-0.870.19-0.91-0.92-0.96-0.96
1.00.61-0.660.370.990.960.60.750.93-0.430.96-0.14-0.160.970.930.96-0.750.940.750.94-0.380.940.99-0.960.97
0.980.59-0.630.320.970.910.540.690.89-0.290.92-0.02-0.10.940.980.92-0.760.950.730.94-0.40.980.95-0.960.97
Click cells to compare fundamentals

China Railway Account Relationship Matchups

China Railway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B17.1B22.7B23.8B25.4B21.3B
Short Long Term Debt Total967.4M2.2B1.3B1.3B1.5B1.2B
Other Current Liab1.9B1.1B1.3B1.2B1.1B1.1B
Total Current Liabilities7.4B8.1B7.1B7.0B7.8B7.9B
Total Stockholder Equity7.1B8.3B14.2B15.5B16.5B12.4B
Property Plant And Equipment Net3.3B4.3B5.5B5.6B7.3B4.9B
Net Debt(1.4B)859.6M(1.3B)(883.4M)666.7M700.0M
Retained Earnings1.5B2.5B4.1B5.3B6.1B4.4B
Accounts Payable4.7B5.1B5.6B5.6B6.1B5.8B
Cash2.4B1.3B2.6B2.2B1.1B1.7B
Non Current Assets Total5.5B6.9B8.3B8.7B10.5B7.7B
Non Currrent Assets Other1.3B1.8B1.8B2.0B41.4M39.4M
Cash And Short Term Investments2.4B1.3B2.6B2.2B1.9B1.8B
Common Stock Shares Outstanding3.9B3.8B4.6B5.3B5.3B4.8B
Liabilities And Stockholders Equity15.2B17.1B22.7B23.8B27.4B20.2B
Non Current Liabilities Total629.3M637.9M1.4B1.3B1.1B980.5M
Inventory2.1B2.3B3.5B4.5B4.6B3.4B
Other Current Assets47.2M9.1M25.5M46.9M42.8M40.7M
Other Stockholder Equity1.7B1.9B4.7B4.9B5.6B5.9B
Total Liab8.0B8.8B8.5B8.3B8.9B8.9B
Total Current Assets9.7B10.1B14.3B15.1B14.9B13.6B
Short Term Debt762.5M1.9B185.8M172.0M154.8M147.1M
Intangible Assets732.8M746.2M990.8M969.9M949.1M934.8M

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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