Liaoning Property Plant And Equipment Net vs Capital Lease Obligations 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 Property Plant And Equipment Net and its Capital Lease Obligations 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.

Property Plant And Equipment Net vs Capital Lease Obligations

Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liaoning Chengda Bio Property Plant And Equipment Net account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between Liaoning Chengda's Property Plant And Equipment Net and Capital Lease Obligations is -0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Lease Obligations 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 Property Plant And Equipment Net and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Liaoning Chengda Biotechnology are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Net i.e., Liaoning Chengda's Property Plant And Equipment Net and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Capital Lease Obligations

Liaoning Chengda Bio capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Liaoning Chengda asset purchases. For example, Liaoning Chengda can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Liaoning Chengda control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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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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 Property Plant And Equipment Net vs Capital Lease Obligations Analysis

Property Plant And Equipment Net vs Capital Lease Obligations

Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Capital Lease Obligations

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