China Long Term Debt Total vs Net Tangible Assets Analysis

CGA Stock  USD 2.80  0.20  7.69%   
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 Long Term Debt Total and its Net Tangible Assets 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.

Long Term Debt Total vs Net Tangible Assets

Long Term Debt Total vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Green Agriculture Long Term Debt Total account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Green's Long Term Debt Total and Net Tangible Assets is 0.83. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Tangible Assets 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 Long Term Debt Total and Net Tangible Assets 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 Total of China Green Agriculture are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt Total i.e., China Green's Long Term Debt Total and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt Total

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Profit29.2M21.9M25.2M23.9M
Total Revenue168.5M124.1M142.8M215.1M

China Green fundamental ratios Correlations

0.590.040.560.99-0.570.80.590.610.61-0.29-0.050.620.96-0.640.260.420.590.840.810.55-0.26-0.180.710.36-0.1
0.59-0.57-0.010.65-0.250.58-0.10.380.38-0.37-0.240.00.37-0.270.570.680.910.280.430.74-0.61-0.30.230.060.31
0.04-0.570.77-0.09-0.12-0.320.380.060.060.540.610.750.2-0.52-0.37-0.31-0.50.12-0.17-0.560.75-0.130.230.07-0.04
0.56-0.010.770.45-0.250.130.580.250.250.290.490.990.62-0.81-0.180.250.050.510.22-0.140.45-0.220.550.41-0.12
0.990.65-0.090.45-0.570.840.530.620.62-0.36-0.130.50.93-0.570.330.420.640.820.840.62-0.37-0.150.670.33-0.08
-0.57-0.25-0.12-0.25-0.57-0.37-0.39-0.98-0.98-0.03-0.17-0.33-0.640.4-0.080.11-0.07-0.46-0.42-0.590.240.37-0.140.1-0.11
0.80.58-0.320.130.84-0.370.540.420.42-0.78-0.620.180.74-0.140.470.270.630.850.960.61-0.670.170.510.32-0.15
0.59-0.10.380.580.53-0.390.540.340.34-0.28-0.150.650.72-0.27-0.11-0.11-0.040.850.640.07-0.010.130.430.38-0.49
0.610.380.060.250.62-0.980.420.341.00.00.150.330.64-0.430.140.00.180.450.440.65-0.3-0.410.16-0.10.17
0.610.380.060.250.62-0.980.420.341.00.00.150.330.64-0.430.140.00.180.450.440.65-0.3-0.410.16-0.10.17
-0.29-0.370.540.29-0.36-0.03-0.78-0.280.00.00.950.28-0.21-0.35-0.57-0.07-0.51-0.53-0.69-0.430.81-0.42-0.08-0.210.05
-0.05-0.240.610.49-0.13-0.17-0.62-0.150.150.150.950.470.01-0.6-0.480.03-0.35-0.33-0.52-0.320.78-0.470.09-0.10.11
0.620.00.750.990.5-0.330.180.650.330.330.280.470.69-0.79-0.210.220.030.570.28-0.10.43-0.240.580.37-0.17
0.960.370.20.620.93-0.640.740.720.640.64-0.210.010.69-0.60.050.260.330.870.790.4-0.12-0.120.760.36-0.28
-0.64-0.27-0.52-0.81-0.570.4-0.14-0.27-0.43-0.43-0.35-0.6-0.79-0.6-0.12-0.31-0.32-0.37-0.22-0.16-0.290.44-0.47-0.25-0.27
0.260.57-0.37-0.180.33-0.080.47-0.110.140.14-0.57-0.48-0.210.05-0.12-0.020.740.20.390.52-0.67-0.05-0.19-0.160.7
0.420.68-0.310.250.420.110.27-0.110.00.0-0.070.030.220.26-0.31-0.020.620.150.170.35-0.17-0.120.40.48-0.12
0.590.91-0.50.050.64-0.070.63-0.040.180.18-0.51-0.350.030.33-0.320.740.620.370.510.69-0.64-0.140.180.190.38
0.840.280.120.510.82-0.460.850.850.450.45-0.53-0.330.570.87-0.370.20.150.370.890.41-0.330.060.560.42-0.31
0.810.43-0.170.220.84-0.420.960.640.440.44-0.69-0.520.280.79-0.220.390.170.510.890.54-0.560.260.530.4-0.18
0.550.74-0.56-0.140.62-0.590.610.070.650.65-0.43-0.32-0.10.4-0.160.520.350.690.410.54-0.82-0.21-0.080.150.23
-0.26-0.610.750.45-0.370.24-0.67-0.01-0.3-0.30.810.780.43-0.12-0.29-0.67-0.17-0.64-0.33-0.56-0.82-0.120.22-0.06-0.21
-0.18-0.3-0.13-0.22-0.150.370.170.13-0.41-0.41-0.42-0.47-0.24-0.120.44-0.05-0.12-0.140.060.26-0.21-0.120.00.48-0.27
0.710.230.230.550.67-0.140.510.430.160.16-0.080.090.580.76-0.47-0.190.40.180.560.53-0.080.220.00.35-0.43
0.360.060.070.410.330.10.320.38-0.1-0.1-0.21-0.10.370.36-0.25-0.160.480.190.420.40.15-0.060.480.35-0.42
-0.10.31-0.04-0.12-0.08-0.11-0.15-0.490.170.170.050.11-0.17-0.28-0.270.7-0.120.38-0.31-0.180.23-0.21-0.27-0.43-0.42
Click cells to compare fundamentals

China Green Account Relationship Matchups

China Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets342.1M266.7M195.1M186.7M214.7M307.7M
Short Long Term Debt Total3.5M4.2M5.1M7.2M8.3M10.6M
Other Current Liab50.7M51.9M45.6M46.5M53.4M27.3M
Total Current Liabilities79.3M79.2M60.3M60.4M69.4M52.3M
Total Stockholder Equity262.8M187.5M134.8M125.4M144.2M251.2M
Net Debt(8.4M)(14.4M)(52.7M)(63.9M)(57.5M)(60.4M)
Retained Earnings111.9M(5.8M)(103.4M)(116.5M)(104.9M)(99.6M)
Accounts Payable17.7M16.9M1.7M2.1M2.4M2.3M
Cash11.9M18.6M57.8M71.1M81.8M67.1M
Cash And Short Term Investments11.9M18.6M57.8M71.1M81.8M67.1M
Common Stock Shares Outstanding5.6M6.8M9.3M13.2M15.2M16.0M
Liabilities And Stockholders Equity342.1M266.7M195.1M186.7M214.7M307.7M
Other Stockholder Equity155.5M170.2M224.7M242.1M278.4M292.3M
Total Liab79.3M79.2M60.3M61.3M70.5M56.5M
Total Current Assets285.2M217.7M153.8M151.2M173.9M229.0M
Common Stock6.4K8.5K12.1K13.4K12.0K11.4K
Property Plant And Equipment Net22.9M22.2M18.9M16.7M15.0M14.3M
Current Deferred Revenue7.3M6.3M8.0M5.5M6.3M8.0M
Non Current Assets Total56.9M49.0M41.3M35.5M31.9M60.8M
Net Receivables105.7M102.8M28.8M16.5M19.0M18.0M
Common Stock Total Equity4.0K6.4K8.5K12.1K10.9K19.2K
Non Current Liabilities Total28.6M(1.0)13.7M937.0K843.3K801.2K
Inventory98.9M64.3M42.2M46.5M53.4M63.2M
Other Current Assets68.6M32.0M25.0M2.8M3.2M3.1M
Property Plant And Equipment Gross22.9M22.2M61.8M58.4M52.6M35.4M
Accumulated Other Comprehensive Income(4.5M)23.1M13.5M(222.4K)(200.2K)(190.2K)
Short Term Debt3.5M4.2M5.1M6.3M5.7M6.8M
Intangible Assets15.8M16.4M14.9M13.6M15.6M20.0M
Property Plant Equipment22.9M22.2M18.9M16.7M15.0M26.7M
Non Currrent Assets Other11.2M10.4M7.5M5.1M4.6M4.4M
Other Assets3.6K(1.0)11.2M7.5M(0.9)(0.85)
Net Tangible Assets240.0M171.1M119.8M111.8M100.6M95.6M
Retained Earnings Total Equity235.8M247.1M111.9M(103.4M)(93.0M)(88.4M)
Capital Surpluse155.5M170.2M224.7M242.1M278.4M161.6M
Short Long Term Debt7.7M9.2M5.1M6.3M5.7M9.4M
Long Term Debt Total7.4M7.5M0.0937.0K843.3K801.2K

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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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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
(1.22)
Revenue Per Share
8.386
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.12)
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.