Xiwang Net Income vs Change To Liabilities Analysis

000639 Stock

3.18 0.17 5.07%

Xiwang Foodstuffs financial indicator trend analysis is more than just analyzing Xiwang Foodstuffs current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiwang Foodstuffs is a good investment. Please check the relationship between Xiwang Foodstuffs Net Income and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiwang Foodstuffs Co. 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.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiwang Foodstuffs Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Xiwang Foodstuffs' Net Income and Change To Liabilities is 0.45. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Xiwang Foodstuffs Co, assuming nothing else is changed. The correlation between historical values of Xiwang Foodstuffs' Net Income and Change To 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 Net Income of Xiwang Foodstuffs Co are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Xiwang Foodstuffs' Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Xiwang Foodstuffs financial statement analysis. It represents the amount of money remaining after all of Xiwang Foodstuffs Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

Most indicators from Xiwang Foodstuffs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiwang Foodstuffs 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 Xiwang Foodstuffs Co. 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 910.2 M, whereas Tax Provision is projected to grow to (29.1 M).

	2024	2025 (projected)
Other Operating Expenses	11.4M	9.1M
Gross Profit	1.3B	1.5B

Other Operating Expenses Gross Profit

Xiwang Foodstuffs fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Other Liab	Net Tangible Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will	Non Current Liabilities Total	Other Stockholder Equity	Deferred Long Term Liab
Total Assets		0.48	0.96	0.94	0.89	0.84	0.73	0.79	0.86	0.13	0.97	0.96	0.85	0.46	0.63	-0.32	0.73	-0.57	0.94	0.92	0.04	-0.5	-0.72	-0.24	-0.58	-0.89
Other Current Liab	0.48		0.29	0.38	0.18	0.41	-0.01	0.52	0.08	0.36	0.53	0.45	0.2	0.22	0.74	0.31	0.44	-0.48	0.32	0.4	0.55	0.03	-0.09	0.47	0.24	-0.51
Total Current Liabilities	0.96	0.29		0.92	0.93	0.83	0.79	0.73	0.89	-0.02	0.92	0.92	0.88	0.41	0.44	-0.46	0.67	-0.5	0.94	0.9	-0.13	-0.56	-0.76	-0.42	-0.62	-0.83
Total Stockholder Equity	0.94	0.38	0.92		0.86	0.93	0.83	0.6	0.83	0.2	0.84	0.94	0.93	0.47	0.56	-0.43	0.49	-0.28	0.92	0.97	-0.13	-0.65	-0.83	-0.42	-0.63	-0.9
Accounts Payable	0.89	0.18	0.93	0.86		0.7	0.74	0.7	0.96	0.12	0.85	0.86	0.86	0.49	0.41	-0.44	0.63	-0.48	0.89	0.82	-0.24	-0.61	-0.77	-0.47	-0.72	-0.72
Cash	0.84	0.41	0.83	0.93	0.7		0.73	0.5	0.63	0.09	0.72	0.82	0.86	0.31	0.46	-0.47	0.35	-0.13	0.82	0.95	-0.13	-0.6	-0.74	-0.43	-0.4	-0.81
Other Assets	0.73	-0.01	0.79	0.83	0.74	0.73		0.28	0.81	0.04	0.6	0.8	0.94	0.27	0.12	-0.72	0.21	-0.03	0.84	0.81	-0.52	-0.86	-0.95	-0.72	-0.83	-0.8
Net Receivables	0.79	0.52	0.73	0.6	0.7	0.5	0.28		0.61	-0.03	0.86	0.65	0.46	0.6	0.61	0.09	0.91	-0.87	0.71	0.62	0.26	-0.1	-0.3	0.1	-0.22	-0.52
Inventory	0.86	0.08	0.89	0.83	0.96	0.63	0.81	0.61		0.1	0.81	0.87	0.87	0.49	0.33	-0.46	0.56	-0.42	0.88	0.77	-0.3	-0.66	-0.83	-0.5	-0.84	-0.75
Other Current Assets	0.13	0.36	-0.02	0.2	0.12	0.09	0.04	-0.03	0.1		0.07	0.17	0.13	0.26	0.44	0.13	-0.06	0.05	0.11	0.17	0.08	-0.19	-0.16	0.09	-0.14	-0.19
Total Liab	0.97	0.53	0.92	0.84	0.85	0.72	0.6	0.86	0.81	0.07		0.92	0.72	0.43	0.66	-0.2	0.85	-0.73	0.88	0.83	0.2	-0.34	-0.59	-0.07	-0.5	-0.84
Intangible Assets	0.96	0.45	0.92	0.94	0.86	0.82	0.8	0.65	0.87	0.17	0.92		0.88	0.39	0.55	-0.42	0.59	-0.45	0.94	0.92	-0.01	-0.59	-0.82	-0.28	-0.67	-0.97
Common Stock	0.85	0.2	0.88	0.93	0.86	0.86	0.94	0.46	0.87	0.13	0.72	0.88		0.37	0.29	-0.65	0.33	-0.14	0.91	0.92	-0.43	-0.86	-0.96	-0.66	-0.74	-0.85
Property Plant Equipment	0.46	0.22	0.41	0.47	0.49	0.31	0.27	0.6	0.49	0.26	0.43	0.39	0.37		0.45	0.27	0.36	-0.33	0.49	0.39	-0.02	-0.21	-0.3	-0.08	-0.32	-0.31
Retained Earnings	0.63	0.74	0.44	0.56	0.41	0.46	0.12	0.61	0.33	0.44	0.66	0.55	0.29	0.45		0.32	0.63	-0.56	0.44	0.49	0.6	0.1	-0.11	0.4	-0.12	-0.53
Long Term Debt	-0.32	0.31	-0.46	-0.43	-0.44	-0.47	-0.72	0.09	-0.46	0.13	-0.2	-0.42	-0.65	0.27	0.32		0.12	-0.27	-0.51	-0.52	0.66	0.75	0.73	0.8	0.59	0.41
Other Liab	0.73	0.44	0.67	0.49	0.63	0.35	0.21	0.91	0.56	-0.06	0.85	0.59	0.33	0.36	0.63	0.12		-0.96	0.59	0.49	0.39	0.07	-0.15	0.22	-0.22	-0.45
Net Tangible Assets	-0.57	-0.48	-0.5	-0.28	-0.48	-0.13	-0.03	-0.87	-0.42	0.05	-0.73	-0.45	-0.14	-0.33	-0.56	-0.27	-0.96		-0.43	-0.29	-0.46	-0.19	0.0	-0.38	0.1	0.31
Long Term Investments	0.94	0.32	0.94	0.92	0.89	0.82	0.84	0.71	0.88	0.11	0.88	0.94	0.91	0.49	0.44	-0.51	0.59	-0.43		0.94	-0.19	-0.67	-0.84	-0.43	-0.7	-0.87
Total Current Assets	0.92	0.4	0.9	0.97	0.82	0.95	0.81	0.62	0.77	0.17	0.83	0.92	0.92	0.39	0.49	-0.52	0.49	-0.29	0.94		-0.15	-0.66	-0.83	-0.43	-0.57	-0.88
Non Current Assets Total	0.04	0.55	-0.13	-0.13	-0.24	-0.13	-0.52	0.26	-0.3	0.08	0.2	-0.01	-0.43	-0.02	0.6	0.66	0.39	-0.46	-0.19	-0.15		0.76	0.55	0.91	0.43	-0.02
Non Currrent Assets Other	-0.5	0.03	-0.56	-0.65	-0.61	-0.6	-0.86	-0.1	-0.66	-0.19	-0.34	-0.59	-0.86	-0.21	0.1	0.75	0.07	-0.19	-0.67	-0.66	0.76		0.94	0.83	0.68	0.6
Good Will	-0.72	-0.09	-0.76	-0.83	-0.77	-0.74	-0.95	-0.3	-0.83	-0.16	-0.59	-0.82	-0.96	-0.3	-0.11	0.73	-0.15	0.0	-0.84	-0.83	0.55	0.94		0.72	0.8	0.81
Non Current Liabilities Total	-0.24	0.47	-0.42	-0.42	-0.47	-0.43	-0.72	0.1	-0.5	0.09	-0.07	-0.28	-0.66	-0.08	0.4	0.8	0.22	-0.38	-0.43	-0.43	0.91	0.83	0.72		0.58	0.23
Other Stockholder Equity	-0.58	0.24	-0.62	-0.63	-0.72	-0.4	-0.83	-0.22	-0.84	-0.14	-0.5	-0.67	-0.74	-0.32	-0.12	0.59	-0.22	0.1	-0.7	-0.57	0.43	0.68	0.8	0.58		0.62
Deferred Long Term Liab	-0.89	-0.51	-0.83	-0.9	-0.72	-0.81	-0.8	-0.52	-0.75	-0.19	-0.84	-0.97	-0.85	-0.31	-0.53	0.41	-0.45	0.31	-0.87	-0.88	-0.02	0.6	0.81	0.23	0.62

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Xiwang Foodstuffs Account Relationship Matchups

Xiwang Foodstuffs fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.7B	7.7B	7.1B	7.2B	8.2B	8.6B
Other Current Liab	409.3M	270.1M	19.7M	22.3M	25.6M	24.3M
Total Current Liabilities	2.0B	2.0B	2.0B	2.7B	3.1B	3.2B
Total Stockholder Equity	3.7B	3.8B	3.3B	3.3B	3.8B	4.0B
Accounts Payable	234.7M	508.7M	374.4M	427.8M	491.9M	516.5M
Cash	1.8B	1.6B	1.5B	1.7B	2.0B	2.1B
Other Assets	102.5M	231.9M	133.6M	191.6M	220.4M	231.4M
Net Receivables	236.4M	268.0M	316.7M	321.2M	369.4M	189.6M
Inventory	609.2M	979.2M	1.0B	929.7M	1.1B	1.1B
Other Current Assets	197.7M	414.1M	54.6M	31.8M	36.5M	34.7M
Total Liab	3.4B	3.3B	3.2B	3.2B	3.7B	3.9B
Intangible Assets	3.1B	3.0B	2.7B	2.8B	3.2B	3.3B
Property Plant Equipment	691.7M	661.3M	659.2M	745.8M	857.6M	438.1M
Retained Earnings	1.0B	1.2B	426.3M	396.0M	455.4M	475.8M
Long Term Debt	836.7M	629.0M	758.8M	39.3M	45.2M	42.9M
Other Liab	1.4B	592.8M	580.7M	563.8M	648.4M	733.8M
Net Tangible Assets	(988.0M)	(192.9M)	166.3M	384.3M	442.0M	464.1M
Total Current Assets	3.2B	3.3B	3.1B	3.1B	3.6B	3.0B
Non Current Assets Total	4.5B	4.4B	4.0B	4.0B	3.6B	3.9B
Non Currrent Assets Other	116.4M	42.0M	37.7M	32.9M	29.6M	28.1M
Good Will	362.7M	354.4M	145.0M	147.5M	132.7M	126.1M
Non Current Liabilities Total	1.4B	1.2B	1.2B	551.0M	495.9M	471.1M
Other Stockholder Equity	35.0M	66.5M	(64.6M)	(111.4M)	(100.3M)	(95.2M)
Deferred Long Term Liab	2.3M	1.5M	596.4K	4.6M	4.1M	3.2M
Short Long Term Debt	1.1B	1.1B	1.1B	1.1B	949.4M	959.1M
Non Current Liabilities Other	524.6K	797.0K	174.1K	74.2M	66.7M	63.4M
Net Invested Capital	5.6B	5.5B	5.2B	4.4B	4.0B	4.4B
Net Working Capital	1.2B	1.3B	1.1B	432.5M	497.4M	914.4M
Property Plant And Equipment Net	659.2M	745.8M	804.7M	763.7M	878.3M	799.6M
Property Plant And Equipment Gross	1.1B	1.2B	804.7M	1.3B	1.5B	1.2B

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

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Xiwang Net Income vs Change To Liabilities Analysis

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

Correlation Coefficient

Net Income

Change To Liabilities

Xiwang Foodstuffs fundamental ratios Correlations

Xiwang Foodstuffs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiwang Foodstuffs fundamental ratios Accounts

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Total Liab	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Stockholder Equity
Total Current Liabilities	+ 0.96	Total Assets
Intangible Assets	+ 0.96	Total Assets
Inventory	+ 0.96	Accounts Payable
Total Current Assets	+ 0.95	Cash

Deferred Long Term Liab	- 0.97	Intangible Assets
Net Tangible Assets	- 0.96	Other Liab
Good Will	- 0.96	Common Stock
Good Will	- 0.95	Other Assets
Deferred Long Term Liab	- 0.9	Total Stockholder Equity
Deferred Long Term Liab	- 0.89	Total Assets