Ningbo Long Term Debt vs Total Stockholder Equity Analysis

300998 Stock   22.04  0.52  2.30%   
Ningbo Fangzheng financial indicator trend analysis is infinitely more than just investigating Ningbo Fangzheng Aut recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Fangzheng Aut is a good investment. Please check the relationship between Ningbo Fangzheng Long Term Debt and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Fangzheng Automobile. 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.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Fangzheng Aut Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ningbo Fangzheng's Long Term Debt and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ningbo Fangzheng Automobile, assuming nothing else is changed. The correlation between historical values of Ningbo Fangzheng's Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Ningbo Fangzheng Automobile are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Ningbo Fangzheng's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Ningbo Fangzheng Aut has held for over one year. Long-term debt appears on Ningbo Fangzheng Automobile balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ningbo Fangzheng Automobile balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Ningbo Fangzheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Fangzheng Aut 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 Ningbo Fangzheng Automobile. 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 33.7 M, whereas Tax Provision is projected to grow to (2.7 M).
 2022 2023 2024 2025 (projected)
Interest Expense11.5M15.0M19.9M14.0M
Depreciation And Amortization59.0M66.1M68.5M51.6M

Ningbo Fangzheng fundamental ratios Correlations

0.930.380.940.910.940.57-0.490.20.740.820.960.760.860.910.830.840.76-0.590.961.00.90.850.910.890.93
0.930.140.860.840.880.48-0.30.370.850.740.890.630.780.870.80.810.72-0.40.90.930.990.780.840.810.94
0.380.140.560.470.410.11-0.81-0.47-0.080.620.440.770.580.450.220.530.24-0.410.480.360.150.330.290.520.38
0.940.860.560.850.950.57-0.620.040.70.840.970.810.820.860.820.860.78-0.570.990.920.830.820.860.830.89
0.910.840.470.850.860.57-0.60.230.680.930.880.870.960.990.80.940.75-0.620.860.910.810.830.860.980.85
0.940.880.410.950.860.65-0.490.180.750.780.990.70.770.850.950.840.88-0.630.960.90.840.870.950.80.83
0.570.480.110.570.570.65-0.180.20.590.40.620.310.390.560.780.490.84-0.60.550.540.390.740.750.440.32
-0.49-0.3-0.81-0.62-0.6-0.49-0.180.18-0.25-0.81-0.52-0.88-0.73-0.58-0.32-0.71-0.30.33-0.58-0.48-0.28-0.29-0.35-0.67-0.48
0.20.37-0.470.040.230.180.20.180.460.130.15-0.010.140.250.310.210.160.350.120.210.34-0.020.20.170.17
0.740.85-0.080.70.680.750.59-0.250.460.630.730.440.610.720.760.720.66-0.240.750.730.840.620.670.630.7
0.820.740.620.840.930.780.4-0.810.130.630.80.970.970.940.660.980.61-0.470.830.810.730.660.690.960.83
0.960.890.440.970.880.990.62-0.520.150.730.80.740.80.870.920.850.85-0.640.980.930.850.880.940.830.87
0.760.630.770.810.870.70.31-0.88-0.010.440.970.740.940.870.550.910.52-0.470.790.750.610.590.620.910.78
0.860.780.580.820.960.770.39-0.730.140.610.970.80.940.960.640.930.57-0.510.820.870.770.70.720.990.86
0.910.870.450.860.990.850.56-0.580.250.720.940.870.870.960.790.960.74-0.570.870.910.850.820.840.980.88
0.830.80.220.820.80.950.78-0.320.310.760.660.920.550.640.790.770.95-0.650.830.790.750.870.950.70.67
0.840.810.530.860.940.840.49-0.710.210.720.980.850.910.930.960.770.72-0.490.860.820.790.730.770.930.84
0.760.720.240.780.750.880.84-0.30.160.660.610.850.520.570.740.950.72-0.750.770.710.640.910.940.630.6
-0.59-0.4-0.41-0.57-0.62-0.63-0.60.330.35-0.24-0.47-0.64-0.47-0.51-0.57-0.65-0.49-0.75-0.53-0.56-0.33-0.84-0.76-0.57-0.41
0.960.90.480.990.860.960.55-0.580.120.750.830.980.790.820.870.830.860.77-0.530.940.880.810.870.830.92
1.00.930.360.920.910.90.54-0.480.210.730.810.930.750.870.910.790.820.71-0.560.940.90.830.880.90.94
0.90.990.150.830.810.840.39-0.280.340.840.730.850.610.770.850.750.790.64-0.330.880.90.730.770.790.94
0.850.780.330.820.830.870.74-0.29-0.020.620.660.880.590.70.820.870.730.91-0.840.810.830.730.940.760.73
0.910.840.290.860.860.950.75-0.350.20.670.690.940.620.720.840.950.770.94-0.760.870.880.770.940.780.76
0.890.810.520.830.980.80.44-0.670.170.630.960.830.910.990.980.70.930.63-0.570.830.90.790.760.780.87
0.930.940.380.890.850.830.32-0.480.170.70.830.870.780.860.880.670.840.6-0.410.920.940.940.730.760.87
Click cells to compare fundamentals

Ningbo Fangzheng Account Relationship Matchups

Ningbo Fangzheng fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.2B1.4B2.4B2.9B1.5B
Short Long Term Debt Total136.9M144.9M305.9M341.1M402.2M208.6M
Other Current Liab198.8M52.3M54.6M213.1M383.9M403.1M
Total Current Liabilities620.3M552.5M656.2M743.7M1.0B716.6M
Total Stockholder Equity415.9M552.5M559.4M1.3B1.3B1.3B
Property Plant And Equipment Net371.9M351.4M390.9M466.8M686.1M416.3M
Current Deferred Revenue40.0M156.6M120.0M87.1M100.2M88.4M
Net Debt74.4M19.9M180.5M39.6M(224.0M)(212.8M)
Retained Earnings147.5M159.5M164.2M141.3M118.4M126.0M
Accounts Payable314.7M310.0M346.7M319.3M420.4M310.0M
Cash62.5M125.0M125.5M380.3M626.2M657.5M
Non Current Assets Total461.3M449.2M508.7M654.1M923.3M550.1M
Non Currrent Assets Other6.2M14.4M14.5M67.3M116.4M122.2M
Cash And Short Term Investments70.5M125.0M125.5M838.1M886.7M931.0M
Net Receivables178.9M192.6M307.4M558.5M564.2M592.4M
Liabilities And Stockholders Equity1.1B1.2B1.4B2.4B2.9B1.5B
Non Current Liabilities Total74.2M86.2M152.6M199.2M356.9M374.8M
Inventory377.9M409.5M429.0M361.7M454.6M396.1M
Other Current Assets36.0M16.1M36.3M12.2M21.7M19.7M
Total Liab694.5M638.6M808.8M943.0M1.4B843.2M
Total Current Assets649.1M741.8M885.0M1.8B1.9B963.9M
Accumulated Other Comprehensive Income46.4M30.4M32.6M34.8M40.0M25.0M
Short Term Debt100.2M84.1M183.6M203.7M232.5M138.7M
Intangible Assets62.7M61.7M75.5M90.5M85.4M72.9M
Other Stockholder Equity142.2M286.6M288.9M1.0B993.0M1.0B
Long Term Debt18.3M27.1M94.7M131.9M164.5M86.3M
Net Invested Capital534.4M663.6M837.6M1.7B1.7B1.1B
Short Long Term Debt100.2M84.1M183.6M203.7M232.5M169.1M
Non Current Liabilities Other22.8M19.8M20.8M31.2M28.2M26.2M
Net Working Capital28.0M189.4M228.8M1.0B881.8M925.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Ningbo Stock

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