China Cash vs Total Current Liabilities Analysis

CHNR Stock

USD 0.87 0.02 2.25%

China Natural financial indicator trend analysis is way more than just evaluating China Natural Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Natural Resources is a good investment. Please check the relationship between China Natural Cash and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Natural Resources Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between China Natural's Cash and Total Current Liabilities is 0.49. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of China Natural Resources, assuming nothing else is changed. The correlation between historical values of China Natural's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of China Natural Resources are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., China Natural's Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of China Natural Resources, which is listed under current asset account on China Natural Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from China Natural customers. The amounts must be unrestricted with restricted cash listed in a different China Natural account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Liabilities

Total Current Liabilities is an item on China Natural balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Natural Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from China Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Natural Resources 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 Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, China Natural's Selling General Administrative is relatively stable compared to the past year. As of 06/09/2024, Sales General And Administrative To Revenue is likely to grow to 1.71, while Tax Provision is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	2.8M	2.5M	1.6M	1.7M
Interest Income	16.9M	15.6M	5K	4.8K

Reconciled Depreciation Interest Income

China Natural fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Short Term Investments
Common Stock Shares Outstanding		0.03	0.26	-0.21	-0.16	0.08	0.39	0.29	-0.07	0.25	0.13	0.36	-0.12	0.02	-0.31	0.33	-0.14	-0.32	0.29	0.04	0.39	-0.34	0.14	-0.12	0.07	-0.44
Total Assets	0.03		0.72	0.73	0.86	0.81	0.73	0.68	0.59	0.7	0.79	0.71	0.12	0.7	0.19	0.79	0.28	0.59	-0.25	0.99	0.73	0.67	0.68	0.26	-0.15	-0.14
Short Long Term Debt Total	0.26	0.72		0.06	0.29	0.91	0.97	0.99	0.7	0.97	0.91	0.96	0.2	0.82	0.36	0.95	0.43	-0.11	-0.12	0.65	0.97	0.01	0.92	0.46	-0.24	-0.05
Other Current Liab	-0.21	0.73	0.06		0.97	0.24	0.09	0.0	0.16	0.03	0.26	0.07	-0.05	0.21	-0.11	0.19	0.02	0.96	-0.24	0.79	0.09	0.96	0.11	-0.03	-0.02	-0.15
Total Current Liabilities	-0.16	0.86	0.29	0.97		0.44	0.3	0.23	0.36	0.25	0.49	0.29	0.0	0.41	-0.02	0.39	0.17	0.9	-0.27	0.91	0.3	0.93	0.35	0.07	-0.12	-0.14
Total Stockholder Equity	0.08	0.81	0.91	0.24	0.44		0.89	0.9	0.73	0.92	0.84	0.9	0.34	0.8	0.3	0.91	0.42	0.1	-0.18	0.74	0.89	0.21	0.81	0.4	-0.16	-0.06
Property Plant And Equipment Net	0.39	0.73	0.97	0.09	0.3	0.89		0.98	0.56	0.96	0.81	0.99	0.23	0.74	0.26	0.99	0.23	-0.11	-0.06	0.67	1.0	-0.01	0.8	0.42	-0.06	-0.08
Net Debt	0.29	0.68	0.99	0.0	0.23	0.9	0.98		0.65	0.97	0.86	0.97	0.24	0.79	0.35	0.95	0.36	-0.17	-0.11	0.6	0.98	-0.06	0.89	0.47	-0.18	-0.03
Retained Earnings	-0.07	0.59	0.7	0.16	0.36	0.73	0.56	0.65		0.65	0.83	0.53	-0.05	0.72	0.16	0.56	0.84	0.18	-0.33	0.52	0.56	0.28	0.86	-0.02	-0.77	0.1
Accounts Payable	0.25	0.7	0.97	0.03	0.25	0.92	0.96	0.97	0.65		0.84	0.95	0.2	0.74	0.43	0.97	0.34	-0.13	-0.09	0.62	0.96	-0.01	0.81	0.4	-0.16	-0.08
Cash	0.13	0.79	0.91	0.26	0.49	0.84	0.81	0.86	0.83	0.84		0.79	0.02	0.85	0.4	0.82	0.65	0.17	-0.17	0.73	0.81	0.29	0.95	0.35	-0.48	-0.12
Non Current Assets Total	0.36	0.71	0.96	0.07	0.29	0.9	0.99	0.97	0.53	0.95	0.79		0.35	0.71	0.27	0.98	0.21	-0.13	-0.03	0.65	0.99	-0.04	0.78	0.52	0.02	-0.12
Non Currrent Assets Other	-0.12	0.12	0.2	-0.05	0.0	0.34	0.23	0.24	-0.05	0.2	0.02	0.35		-0.07	0.03	0.21	-0.07	-0.18	0.22	0.09	0.23	-0.18	0.09	0.7	0.5	-0.28
Cash And Short Term Investments	0.02	0.7	0.82	0.21	0.41	0.8	0.74	0.79	0.72	0.74	0.85	0.71	-0.07		0.29	0.74	0.48	0.11	-0.38	0.64	0.74	0.24	0.85	0.28	-0.35	0.23
Net Receivables	-0.31	0.19	0.36	-0.11	-0.02	0.3	0.26	0.35	0.16	0.43	0.4	0.27	0.03	0.29		0.29	0.17	-0.13	0.0	0.12	0.26	-0.03	0.28	0.52	-0.01	-0.18
Non Current Liabilities Total	0.33	0.79	0.95	0.19	0.39	0.91	0.99	0.95	0.56	0.97	0.82	0.98	0.21	0.74	0.29		0.21	-0.01	-0.08	0.74	0.99	0.09	0.77	0.39	-0.05	-0.1
Inventory	-0.14	0.28	0.43	0.02	0.17	0.42	0.23	0.36	0.84	0.34	0.65	0.21	-0.07	0.48	0.17	0.21		0.1	-0.13	0.22	0.23	0.18	0.69	-0.02	-0.83	-0.03
Other Current Assets	-0.32	0.59	-0.11	0.96	0.9	0.1	-0.11	-0.17	0.18	-0.13	0.17	-0.13	-0.18	0.11	-0.13	-0.01	0.1		-0.28	0.66	-0.11	0.99	0.02	-0.22	-0.17	-0.09
Other Stockholder Equity	0.29	-0.25	-0.12	-0.24	-0.27	-0.18	-0.06	-0.11	-0.33	-0.09	-0.17	-0.03	0.22	-0.38	0.0	-0.08	-0.13	-0.28		-0.24	-0.06	-0.32	-0.22	0.17	0.29	-0.36
Total Liab	0.04	0.99	0.65	0.79	0.91	0.74	0.67	0.6	0.52	0.62	0.73	0.65	0.09	0.64	0.12	0.74	0.22	0.66	-0.24		0.67	0.73	0.61	0.23	-0.12	-0.15
Property Plant And Equipment Gross	0.39	0.73	0.97	0.09	0.3	0.89	1.0	0.98	0.56	0.96	0.81	0.99	0.23	0.74	0.26	0.99	0.23	-0.11	-0.06	0.67		-0.01	0.8	0.42	-0.06	-0.08
Total Current Assets	-0.34	0.67	0.01	0.96	0.93	0.21	-0.01	-0.06	0.28	-0.01	0.29	-0.04	-0.18	0.24	-0.03	0.09	0.18	0.99	-0.32	0.73	-0.01		0.13	-0.15	-0.22	-0.08
Short Term Debt	0.14	0.68	0.92	0.11	0.35	0.81	0.8	0.89	0.86	0.81	0.95	0.78	0.09	0.85	0.28	0.77	0.69	0.02	-0.22	0.61	0.8	0.13		0.36	-0.53	0.02
Intangible Assets	-0.12	0.26	0.46	-0.03	0.07	0.4	0.42	0.47	-0.02	0.4	0.35	0.52	0.7	0.28	0.52	0.39	-0.02	-0.22	0.17	0.23	0.42	-0.15	0.36		0.43	-0.24
Common Stock Total Equity	0.07	-0.15	-0.24	-0.02	-0.12	-0.16	-0.06	-0.18	-0.77	-0.16	-0.48	0.02	0.5	-0.35	-0.01	-0.05	-0.83	-0.17	0.29	-0.12	-0.06	-0.22	-0.53	0.43		-0.17
Short Term Investments	-0.44	-0.14	-0.05	-0.15	-0.14	-0.06	-0.08	-0.03	0.1	-0.08	-0.12	-0.12	-0.28	0.23	-0.18	-0.1	-0.03	-0.09	-0.36	-0.15	-0.08	-0.08	0.02	-0.24	-0.17

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China Natural Account Relationship Matchups

China Natural fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	5.6M	6.3M	8.1M	1.6M	8.2M	12.0M
Total Assets	8.3M	142.4M	333.4M	320.0M	253.8M	241.1M
Short Long Term Debt Total	803K	1.1M	79.2M	76.9M	360K	342K
Other Current Liab	31.2M	28.6M	47.4M	39.0M	177.2M	176.5M
Total Current Liabilities	35.9M	30.9M	73.7M	64.7M	177.8M	244.8M
Total Stockholder Equity	(27.6M)	101.2M	74.7M	67.8M	76.0M	140.8M
Property Plant And Equipment Net	830K	1.2M	3.1M	3.4M	399K	379.1K
Net Debt	(2.6M)	(1.4M)	20.8M	45.2M	(4.4M)	(4.2M)
Retained Earnings	(1.0B)	(1.0B)	(1.1B)	(1.1B)	(1.1B)	(1.1B)
Accounts Payable	215K	100K	3.9M	21.1M	20.3M	95K
Cash	3.4M	2.5M	58.4M	31.7M	4.8M	4.5M
Non Current Assets Total	830K	1.2M	123.9M	123.0M	247.9M	347.3M
Non Currrent Assets Other	(799K)	(3.6M)	10K	100.2M	247.5M	259.9M
Cash And Short Term Investments	3.4M	141.1M	59.4M	32.7M	4.8M	4.5M
Net Receivables	4.0M	10K	140.5M	157.6M	3K	2.9K
Liabilities And Stockholders Equity	8.3M	142.4M	333.4M	320.0M	253.8M	241.1M
Non Current Liabilities Total	100K	30M	10.3M	77.8M	77.9M	0.0
Inventory	(4.0M)	(7.4M)	986K	729K	(3K)	(2.9K)
Other Current Assets	4.0M	7.5M	4.9M	3.2M	1.1M	1.1M
Other Stockholder Equity	689.8M	689.6M	(1.0)	708.3M	814.5M	855.3M
Total Liab	35.9M	41.2M	151.4M	142.5M	177.8M	168.9M
Property Plant And Equipment Gross	830K	1.2M	6.8M	7.3M	2.0M	1.9M
Accumulated Other Comprehensive Income	688.6M	713.6M	708.3M	726.0M	748.1M	785.5M
Short Term Debt	803K	745K	4.0M	4.3M	360K	342K
Intangible Assets	799K	643K	20.2M	19.4M	22.3M	23.4M
Short Term Investments	21K	20K	138.7M	1M	3K	2.9K
Property Plant Equipment	275K	830K	1.2M	3.1M	3.5M	3.3M
Long Term Debt	30M	77M	74M	71M	81.7M	85.7M
Net Tangible Assets	(21.8M)	(27.6M)	101.2M	54.5M	49.0M	51.5M
Capital Lease Obligations	803K	1.1M	2.2M	2.9M	360K	342K
Net Invested Capital	(27.6M)	101.2M	148.7M	141.8M	76.0M	63.3M
Net Working Capital	(28.4M)	110.3M	135.9M	132.3M	(171.9M)	(163.3M)

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China Cash vs Total Current Liabilities Analysis

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash

Total Current Liabilities

China Natural fundamental ratios Correlations

China Natural Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Natural fundamental ratios Accounts

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Additional Tools for China Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Common Stock Total Equity	- 0.83	Inventory
Common Stock Total Equity	- 0.77	Retained Earnings
Common Stock Total Equity	- 0.53	Short Term Debt
Common Stock Total Equity	- 0.48	Cash
Short Term Investments	- 0.44	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.38	Cash And Short Term Investments