002534 Stock | | | 12.03 0.05 0.41% |
Xizi Clean financial indicator trend analysis is more than just analyzing Xizi Clean Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xizi Clean Energy is a good investment. Please check the relationship between Xizi Clean Total Current Liabilities and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xizi Clean Energy. 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.
Total Current Liabilities vs Common Stock
Total Current Liabilities vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xizi Clean Energy Total Current Liabilities account and
Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xizi Clean's Total Current Liabilities and Common Stock is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Xizi Clean Energy, assuming nothing else is changed. The correlation between historical values of Xizi Clean's Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Xizi Clean Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Xizi Clean's Total Current Liabilities and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Xizi Clean balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xizi Clean Energy 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.
Common Stock
Most indicators from Xizi Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xizi Clean Energy 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 Xizi Clean Energy. 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.
As of December 4, 2024,
Selling General Administrative is expected to decline to about 194.4
M. In addition to that,
Tax Provision is expected to decline to about 12.5
MXizi Clean fundamental ratios Correlations
Click cells to compare fundamentals
Xizi Clean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xizi Clean fundamental ratios Accounts
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Other Information on Investing in Xizi Stock
Balance Sheet is a snapshot of the
financial position of Xizi Clean Energy at a specified time, usually calculated after every quarter, six months, or one year. Xizi Clean Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xizi Clean 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 Xizi currently owns. An asset can also be divided into two categories, current and non-current.