Xinjiang Deferred Long Term Liab vs Short Term Debt Analysis

002202 Stock   9.89  0.02  0.20%   
Xinjiang Goldwind financial indicator trend analysis is more than just analyzing Xinjiang Goldwind Science current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Goldwind Science is a good investment. Please check the relationship between Xinjiang Goldwind Deferred Long Term Liab and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. 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.

Deferred Long Term Liab vs Short Term Debt

Deferred Long Term Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Deferred Long Term Liab account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xinjiang Goldwind's Deferred Long Term Liab and Short Term Debt is 0.8. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Xinjiang Goldwind Science, assuming nothing else is changed. The correlation between historical values of Xinjiang Goldwind's Deferred Long Term Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Xinjiang Goldwind Science are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Xinjiang Goldwind's Deferred Long Term Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Debt

Most indicators from Xinjiang Goldwind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Goldwind Science 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 Xinjiang Goldwind Science. 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.
The current year's Tax Provision is expected to grow to about 1.2 B, whereas Selling General Administrative is forecasted to decline to about 2.3 B.
 2022 2023 2024 2025 (projected)
Operating Income1.7B1.9B2.2B2.1B
Total Revenue46.4B50.5B58.0B60.9B

Xinjiang Goldwind fundamental ratios Correlations

0.411.00.990.980.990.990.810.970.980.970.920.890.331.00.980.720.98-0.510.90.840.860.820.080.90.81
0.410.430.480.510.470.330.090.520.360.440.240.060.790.390.340.580.490.280.50.60.540.590.650.330.59
1.00.430.980.970.980.990.810.970.950.960.930.90.371.00.970.710.97-0.520.90.820.860.820.070.910.79
0.990.480.980.980.990.980.80.980.960.980.90.850.380.990.960.780.99-0.450.90.860.870.840.150.880.83
0.980.510.970.980.990.960.720.990.970.960.870.780.370.970.940.751.0-0.410.90.890.870.850.20.860.85
0.990.470.980.990.990.970.731.00.970.960.910.820.360.990.970.731.0-0.460.920.880.890.870.160.880.86
0.990.330.990.980.960.970.840.950.960.950.940.910.270.990.980.680.97-0.60.890.790.850.79-0.020.910.75
0.810.090.810.80.720.730.840.690.780.810.740.860.010.820.780.570.74-0.640.620.490.540.45-0.230.740.46
0.970.520.970.980.991.00.950.690.960.950.890.790.40.970.960.730.99-0.410.920.890.90.890.210.870.87
0.980.360.950.960.970.970.960.780.960.960.870.840.270.980.950.690.97-0.450.860.840.820.810.110.870.85
0.970.440.960.980.960.960.950.810.950.960.840.840.360.970.910.780.96-0.380.830.820.790.780.140.830.82
0.920.240.930.90.870.910.940.740.890.870.840.910.280.930.950.580.88-0.610.860.730.860.78-0.040.860.68
0.890.060.90.850.780.820.910.860.790.840.840.910.180.90.890.520.8-0.630.720.580.680.6-0.20.830.57
0.330.790.370.380.370.360.270.010.40.270.360.280.180.320.270.510.360.30.420.430.490.540.460.330.5
1.00.391.00.990.970.990.990.820.970.980.970.930.90.320.980.70.98-0.530.90.830.850.810.060.910.81
0.980.340.970.960.940.970.980.780.960.950.910.950.890.270.980.660.96-0.590.910.810.880.830.00.910.78
0.720.580.710.780.750.730.680.570.730.690.780.580.520.510.70.660.74-0.10.780.750.780.810.330.720.73
0.980.490.970.991.01.00.970.740.990.970.960.880.80.360.980.960.74-0.440.920.890.880.860.180.880.86
-0.510.28-0.52-0.45-0.41-0.46-0.6-0.64-0.41-0.45-0.38-0.61-0.630.3-0.53-0.59-0.1-0.44-0.45-0.13-0.41-0.20.73-0.55-0.02
0.90.50.90.90.90.920.890.620.920.860.830.860.720.420.90.910.780.92-0.450.90.980.930.190.950.83
0.840.60.820.860.890.880.790.490.890.840.820.730.580.430.830.810.750.89-0.130.90.850.910.520.80.96
0.860.540.860.870.870.890.850.540.90.820.790.860.680.490.850.880.780.88-0.410.980.850.960.190.910.8
0.820.590.820.840.850.870.790.450.890.810.780.780.60.540.810.830.810.86-0.20.930.910.960.390.850.9
0.080.650.070.150.20.16-0.02-0.230.210.110.14-0.04-0.20.460.060.00.330.180.730.190.520.190.390.020.54
0.90.330.910.880.860.880.910.740.870.870.830.860.830.330.910.910.720.88-0.550.950.80.910.850.020.77
0.810.590.790.830.850.860.750.460.870.850.820.680.570.50.810.780.730.86-0.020.830.960.80.90.540.77
Click cells to compare fundamentals

Xinjiang Goldwind Account Relationship Matchups

Xinjiang Goldwind fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets109.1B119.4B136.8B143.5B165.0B173.3B
Other Current Liab12.2B11.7B11.7B2.7B3.1B5.6B
Total Current Liabilities47.8B49.9B59.1B63.0B72.5B76.1B
Total Stockholder Equity34.2B35.5B38.1B37.6B43.3B45.4B
Other Liab4.6B5.2B6.4B6.6B7.6B8.0B
Retained Earnings14.9B17.2B16.9B17.5B20.2B21.2B
Accounts Payable28.6B31.9B39.5B41.6B47.9B50.3B
Cash8.3B8.6B15.6B14.2B16.4B17.2B
Other Assets14.1B15.2B17.3B18.8B21.7B22.7B
Long Term Debt18.0B24.4B28.4B28.2B32.4B34.0B
Net Receivables20.8B23.6B24.3B25.5B29.4B30.8B
Inventory5.7B4.8B9.8B15.3B17.5B18.4B
Other Current Assets3.3B4.7B2.0B2.6B3.0B2.4B
Total Liab74.2B82.9B96.5B103.3B118.8B124.7B
Intangible Assets4.8B6.2B7.1B7.4B8.5B9.0B
Property Plant Equipment25.5B29.8B35.6B39.2B45.1B47.4B
Good Will354.8M163.3M178.2M107.4M96.6M91.8M
Net Tangible Assets21.2B26.8B29.7B29.9B34.4B25.4B
Other Stockholder Equity1.5B1.6B2.9B2.0B2.3B1.7B
Deferred Long Term Liab541.5M724.9M737.4M807.1M928.2M498.2M
Short Long Term Debt2.6B471.5M1.2B386.1M347.5M330.1M
Total Current Assets44.0B47.9B62.4B63.8B73.4B47.8B
Non Current Assets Total65.1B71.4B74.4B79.7B91.6B63.9B
Non Currrent Assets Other39.4B10.8B12.1B11.8B13.6B11.8B
Non Current Liabilities Total26.3B33.1B37.3B40.2B46.3B30.3B
Non Current Liabilities Other3.4B3.7B3.3B5.4B6.2B3.4B
Net Debt12.4B16.3B13.9B14.3B16.4B14.6B
Net Invested Capital54.8B60.4B67.6B66.1B76.1B60.2B
Net Working Capital(3.8B)(2.0B)3.2B809.9M728.9M765.3M
Property Plant And Equipment Net35.6B39.2B39.8B44.3B50.9B41.5B
Capital Lease Obligations1.9B2.0B2.6B5.0B5.7B6.0B
Property Plant And Equipment Gross40.9B45.2B39.8B44.3B50.9B45.0B

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Other Information on Investing in Xinjiang Stock

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