China Retained Earnings vs Other Current Liab Analysis
CGA Stock | USD 2.94 0.07 2.44% |
China Green financial indicator trend analysis is way more than just evaluating China Green Agriculture prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Green Agriculture is a good investment. Please check the relationship between China Green 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 China Green Agriculture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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 China Green Agriculture Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Green's Retained Earnings and Other Current Liab is -0.32. 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 China Green Agriculture, assuming nothing else is changed. The correlation between historical values of China Green'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 China Green Agriculture 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., China Green's Retained Earnings and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 China Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Green Agriculture 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 Green Agriculture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At present, China Green's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 22.7 M, whereas Tax Provision is projected to grow to (83.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29.2M | 21.9M | 25.2M | 23.9M | Total Revenue | 168.5M | 124.1M | 142.8M | 215.1M |
China Green fundamental ratios Correlations
Click cells to compare fundamentals
China Green Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Green fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.1M | 266.7M | 195.1M | 186.7M | 214.7M | 307.7M | |
Short Long Term Debt Total | 3.5M | 4.2M | 5.1M | 7.2M | 8.3M | 10.6M | |
Other Current Liab | 50.7M | 51.9M | 45.6M | 46.5M | 53.4M | 27.3M | |
Total Current Liabilities | 79.3M | 79.2M | 60.3M | 60.4M | 69.4M | 52.3M | |
Total Stockholder Equity | 262.8M | 187.5M | 134.8M | 125.4M | 144.2M | 251.2M | |
Net Debt | (8.4M) | (14.4M) | (52.7M) | (63.9M) | (57.5M) | (60.4M) | |
Retained Earnings | 111.9M | (5.8M) | (103.4M) | (116.5M) | (104.9M) | (99.6M) | |
Accounts Payable | 17.7M | 16.9M | 1.7M | 2.1M | 2.4M | 2.3M | |
Cash | 11.9M | 18.6M | 57.8M | 71.1M | 81.8M | 67.1M | |
Cash And Short Term Investments | 11.9M | 18.6M | 57.8M | 71.1M | 81.8M | 67.1M | |
Common Stock Shares Outstanding | 5.6M | 6.8M | 9.3M | 13.2M | 15.2M | 16.0M | |
Liabilities And Stockholders Equity | 342.1M | 266.7M | 195.1M | 186.7M | 214.7M | 307.7M | |
Other Stockholder Equity | 155.5M | 170.2M | 224.7M | 242.1M | 278.4M | 292.3M | |
Total Liab | 79.3M | 79.2M | 60.3M | 61.3M | 70.5M | 56.5M | |
Total Current Assets | 285.2M | 217.7M | 153.8M | 151.2M | 173.9M | 229.0M | |
Common Stock | 6.4K | 8.5K | 12.1K | 13.4K | 12.0K | 11.4K | |
Property Plant And Equipment Net | 22.9M | 22.2M | 18.9M | 16.7M | 15.0M | 14.3M | |
Current Deferred Revenue | 7.3M | 6.3M | 8.0M | 5.5M | 6.3M | 8.0M | |
Non Current Assets Total | 56.9M | 49.0M | 41.3M | 35.5M | 31.9M | 60.8M | |
Net Receivables | 105.7M | 102.8M | 28.8M | 16.5M | 19.0M | 18.0M | |
Common Stock Total Equity | 4.0K | 6.4K | 8.5K | 12.1K | 10.9K | 19.2K | |
Non Current Liabilities Total | 28.6M | (1.0) | 13.7M | 937.0K | 843.3K | 801.2K | |
Inventory | 98.9M | 64.3M | 42.2M | 46.5M | 53.4M | 63.2M | |
Other Current Assets | 68.6M | 32.0M | 25.0M | 2.8M | 3.2M | 3.1M | |
Property Plant And Equipment Gross | 22.9M | 22.2M | 61.8M | 58.4M | 52.6M | 35.4M | |
Accumulated Other Comprehensive Income | (4.5M) | 23.1M | 13.5M | (222.4K) | (200.2K) | (190.2K) | |
Short Term Debt | 3.5M | 4.2M | 5.1M | 6.3M | 5.7M | 6.8M | |
Intangible Assets | 15.8M | 16.4M | 14.9M | 13.6M | 15.6M | 20.0M | |
Property Plant Equipment | 22.9M | 22.2M | 18.9M | 16.7M | 15.0M | 26.7M | |
Non Currrent Assets Other | 11.2M | 10.4M | 7.5M | 5.1M | 4.6M | 4.4M | |
Other Assets | 3.6K | (1.0) | 11.2M | 7.5M | (0.9) | (0.85) | |
Net Tangible Assets | 240.0M | 171.1M | 119.8M | 111.8M | 100.6M | 95.6M | |
Retained Earnings Total Equity | 235.8M | 247.1M | 111.9M | (103.4M) | (93.0M) | (88.4M) | |
Capital Surpluse | 155.5M | 170.2M | 224.7M | 242.1M | 278.4M | 161.6M | |
Short Long Term Debt | 7.7M | 9.2M | 5.1M | 6.3M | 5.7M | 9.4M | |
Long Term Debt Total | 7.4M | 7.5M | 0.0 | 937.0K | 843.3K | 801.2K |
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.When determining whether China Green Agriculture offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China Green's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of China Green Agriculture Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Green Agriculture Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Green Agriculture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the China Green Agriculture information on this page should be used as a complementary analysis to other China Green's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for China Stock analysis
When running China Green's price analysis, check to measure China Green's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Green is operating at the current time. Most of China Green's value examination focuses on studying past and present price action to predict the probability of China Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Green's price. Additionally, you may evaluate how the addition of China Green to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
Is China Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Green. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.02) | Revenue Per Share 7.353 | Quarterly Revenue Growth (0.27) | Return On Assets (0.09) | Return On Equity (0.21) |
The market value of China Green Agriculture is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Green's value that differs from its market value or its book value, called intrinsic value, which is China Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Green's market value can be influenced by many factors that don't directly affect China Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.