Liaoning Net Working Capital vs Common Stock Shares Outstanding Analysis

688739 Stock

27.32 0.43 1.60%

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

Net Working Capital vs Common Stock Shares Outstanding

Net Working Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liaoning Chengda Bio Net Working Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Liaoning Chengda's Net Working Capital and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Liaoning Chengda Biotechnology, assuming nothing else is changed. The correlation between historical values of Liaoning Chengda's Net Working Capital and Common Stock Shares Outstanding 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 Liaoning Chengda Biotechnology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Working Capital i.e., Liaoning Chengda's Net Working Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Net Working Capital

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Liaoning Chengda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liaoning Chengda 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 Liaoning Chengda 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.

As of December 2, 2024, Tax Provision is expected to decline to about 102.7 M. In addition to that, Selling General Administrative is expected to decline to about 452.6 M

	2021	2022	2023	2024 (projected)
Net Interest Income	4.1M	55.6M	69.9M	73.4M
Tax Provision	138.5M	124.1M	110.5M	102.7M

Net Interest Income Tax Provision

Liaoning Chengda fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.88	0.94	1.0	0.98	0.87	0.92	0.96	0.44	0.99	0.9	0.84	-0.1	0.98	-0.64	0.93	1.0	1.0	0.9	0.87	1.0	0.85	0.84	-0.91	0.86	0.94
Other Current Liab	-0.88		-0.91	-0.88	-0.94	-0.85	-0.75	-0.86	-0.11	-0.83	-0.77	-0.77	-0.13	-0.87	0.32	-0.95	-0.88	-0.87	-0.77	-0.75	-0.87	-0.71	-0.72	0.8	-0.74	-0.83
Total Current Liabilities	0.94	-0.91		0.94	0.97	0.97	0.83	0.97	0.14	0.92	0.96	0.77	-0.11	0.9	-0.61	0.99	0.94	0.92	0.96	0.74	0.92	0.9	0.91	-0.92	0.92	0.95
Total Stockholder Equity	1.0	-0.88	0.94		0.98	0.87	0.93	0.96	0.45	0.99	0.89	0.84	-0.1	0.98	-0.64	0.93	1.0	1.0	0.89	0.87	1.0	0.85	0.84	-0.91	0.85	0.94
Retained Earnings	0.98	-0.94	0.97	0.98		0.91	0.91	0.97	0.32	0.97	0.9	0.8	-0.08	0.98	-0.57	0.96	0.98	0.98	0.9	0.81	0.97	0.86	0.85	-0.93	0.87	0.94
Accounts Payable	0.87	-0.85	0.97	0.87	0.91		0.82	0.97	-0.01	0.87	0.96	0.6	-0.2	0.85	-0.6	0.94	0.87	0.84	0.96	0.56	0.83	0.96	0.96	-0.92	0.96	0.9
Cash	0.92	-0.75	0.83	0.93	0.91	0.82		0.92	0.49	0.96	0.83	0.59	-0.28	0.97	-0.64	0.79	0.93	0.91	0.83	0.67	0.91	0.89	0.84	-0.92	0.86	0.87
Non Current Assets Total	0.96	-0.86	0.97	0.96	0.97	0.97	0.92		0.24	0.96	0.97	0.69	-0.23	0.95	-0.68	0.94	0.96	0.93	0.97	0.7	0.93	0.96	0.95	-0.97	0.96	0.96
Non Currrent Assets Other	0.44	-0.11	0.14	0.45	0.32	-0.01	0.49	0.24		0.48	0.17	0.46	-0.2	0.46	-0.45	0.12	0.45	0.49	0.17	0.62	0.5	0.13	0.1	-0.3	0.13	0.34
Net Receivables	0.99	-0.83	0.92	0.99	0.97	0.87	0.96	0.96	0.48		0.91	0.77	-0.21	0.99	-0.69	0.89	0.99	0.98	0.91	0.81	0.98	0.89	0.87	-0.94	0.89	0.95
Common Stock Shares Outstanding	0.9	-0.77	0.96	0.89	0.9	0.96	0.83	0.97	0.17	0.91		0.65	-0.37	0.86	-0.79	0.92	0.89	0.87	1.0	0.65	0.86	0.96	0.98	-0.95	0.98	0.96
Short Term Investments	0.84	-0.77	0.77	0.84	0.8	0.6	0.59	0.69	0.46	0.77	0.65		0.21	0.73	-0.44	0.81	0.84	0.87	0.65	0.98	0.87	0.49	0.5	-0.61	0.53	0.74
Non Current Liabilities Total	-0.1	-0.13	-0.11	-0.1	-0.08	-0.2	-0.28	-0.23	-0.2	-0.21	-0.37	0.21		-0.18	0.75	-0.05	-0.1	-0.07	-0.37	0.09	-0.07	-0.37	-0.45	0.44	-0.44	-0.37
Inventory	0.98	-0.87	0.9	0.98	0.98	0.85	0.97	0.95	0.46	0.99	0.86	0.73	-0.18		-0.61	0.89	0.98	0.97	0.86	0.79	0.97	0.86	0.83	-0.94	0.86	0.92
Other Current Assets	-0.64	0.32	-0.61	-0.64	-0.57	-0.6	-0.64	-0.68	-0.45	-0.69	-0.79	-0.44	0.75	-0.61		-0.55	-0.64	-0.62	-0.79	-0.52	-0.62	-0.72	-0.78	0.78	-0.78	-0.79
Total Liab	0.93	-0.95	0.99	0.93	0.96	0.94	0.79	0.94	0.12	0.89	0.92	0.81	-0.05	0.89	-0.55		0.93	0.92	0.92	0.77	0.91	0.84	0.86	-0.89	0.87	0.93
Net Invested Capital	1.0	-0.88	0.94	1.0	0.98	0.87	0.93	0.96	0.45	0.99	0.89	0.84	-0.1	0.98	-0.64	0.93		1.0	0.89	0.87	1.0	0.85	0.84	-0.91	0.85	0.94
Total Current Assets	1.0	-0.87	0.92	1.0	0.98	0.84	0.91	0.93	0.49	0.98	0.87	0.87	-0.07	0.97	-0.62	0.92	1.0		0.87	0.9	1.0	0.81	0.8	-0.89	0.82	0.93
Capital Stock	0.9	-0.77	0.96	0.89	0.9	0.96	0.83	0.97	0.17	0.91	1.0	0.65	-0.37	0.86	-0.79	0.92	0.89	0.87		0.65	0.86	0.96	0.98	-0.95	0.98	0.96
Non Current Liabilities Other	0.87	-0.75	0.74	0.87	0.81	0.56	0.67	0.7	0.62	0.81	0.65	0.98	0.09	0.79	-0.52	0.77	0.87	0.9	0.65		0.9	0.5	0.51	-0.66	0.54	0.77
Net Working Capital	1.0	-0.87	0.92	1.0	0.97	0.83	0.91	0.93	0.5	0.98	0.86	0.87	-0.07	0.97	-0.62	0.91	1.0	1.0	0.86	0.9		0.81	0.79	-0.89	0.82	0.92
Intangible Assets	0.85	-0.71	0.9	0.85	0.86	0.96	0.89	0.96	0.13	0.89	0.96	0.49	-0.37	0.86	-0.72	0.84	0.85	0.81	0.96	0.5	0.81		0.98	-0.94	0.98	0.89
Property Plant And Equipment Net	0.84	-0.72	0.91	0.84	0.85	0.96	0.84	0.95	0.1	0.87	0.98	0.5	-0.45	0.83	-0.78	0.86	0.84	0.8	0.98	0.51	0.79	0.98		-0.96	1.0	0.92
Capital Lease Obligations	-0.91	0.8	-0.92	-0.91	-0.93	-0.92	-0.92	-0.97	-0.3	-0.94	-0.95	-0.61	0.44	-0.94	0.78	-0.89	-0.91	-0.89	-0.95	-0.66	-0.89	-0.94	-0.96		-0.97	-0.98
Property Plant And Equipment Gross	0.86	-0.74	0.92	0.85	0.87	0.96	0.86	0.96	0.13	0.89	0.98	0.53	-0.44	0.86	-0.78	0.87	0.85	0.82	0.98	0.54	0.82	0.98	1.0	-0.97		0.94
Short Long Term Debt	0.94	-0.83	0.95	0.94	0.94	0.9	0.87	0.96	0.34	0.95	0.96	0.74	-0.37	0.92	-0.79	0.93	0.94	0.93	0.96	0.77	0.92	0.89	0.92	-0.98	0.94

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Liaoning Chengda Account Relationship Matchups

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Other Information on Investing in Liaoning Stock

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

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Liaoning Net Working Capital vs Common Stock Shares Outstanding Analysis

Net Working Capital vs Common Stock Shares Outstanding

Net Working Capital vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Working Capital

Common Stock Shares Outstanding

Liaoning Chengda fundamental ratios Correlations

Liaoning Chengda Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Liaoning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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 Long Term Debt	- 0.98	Capital Lease Obligations
Property Plant And Equipment Gross	- 0.97	Capital Lease Obligations
Capital Lease Obligations	- 0.97	Non Current Assets Total
Capital Lease Obligations	- 0.96	Property Plant And Equipment Net
Capital Lease Obligations	- 0.95	Capital Stock
Capital Lease Obligations	- 0.95	Common Stock Shares Outstanding