Xingyuan Other Current Assets vs Short Term Investments Analysis

300266 Stock   2.45  0.10  3.92%   
Xingyuan Environment financial indicator trend analysis is more than just analyzing Xingyuan Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xingyuan Environment is a good investment. Please check the relationship between Xingyuan Environment Other Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xingyuan Environment Technology. 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.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingyuan Environment Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xingyuan Environment's Other Current Assets and Short Term Investments is -0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Xingyuan Environment Technology, assuming nothing else is changed. The correlation between historical values of Xingyuan Environment's Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Xingyuan Environment Technology are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., Xingyuan Environment's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Investments

Short Term Investments is an item under the current assets section of Xingyuan Environment balance sheet. It contains any investments Xingyuan Environment Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Xingyuan Environment can easily liquidate in the marketplace.
Most indicators from Xingyuan Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xingyuan Environment 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 Xingyuan Environment Technology. 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 Tax Provision is expected to grow to about 25.9 M, whereas Selling General Administrative is forecasted to decline to about 77.1 M.

Xingyuan Environment fundamental ratios Correlations

0.60.930.45-0.540.970.880.680.870.380.850.90.850.910.440.860.930.290.030.31-0.780.890.880.890.760.99
0.60.470.60.050.640.660.260.810.30.530.440.40.440.260.390.550.40.230.31-0.360.510.50.70.510.53
0.930.470.26-0.720.90.80.820.780.290.910.990.950.990.350.970.90.13-0.130.23-0.850.890.850.880.750.95
0.450.60.260.460.590.5-0.230.660.760.070.160.070.220.480.050.160.90.740.870.090.580.550.490.680.38
-0.540.05-0.720.46-0.4-0.39-0.9-0.240.27-0.74-0.78-0.8-0.73-0.07-0.83-0.690.50.610.370.8-0.41-0.39-0.42-0.18-0.61
0.970.640.90.59-0.40.860.550.90.570.770.850.780.880.410.80.850.420.180.48-0.670.930.90.910.870.97
0.880.660.80.5-0.390.860.590.750.30.770.780.750.760.40.710.780.330.30.33-0.680.760.720.850.660.86
0.680.260.82-0.23-0.90.550.590.43-0.30.890.880.890.810.20.910.84-0.3-0.51-0.28-0.890.530.540.630.250.7
0.870.810.780.66-0.240.90.750.430.540.660.730.640.760.50.660.720.490.130.52-0.50.860.820.80.80.83
0.380.30.290.760.270.570.3-0.30.540.030.180.10.30.220.10.10.650.570.810.070.570.510.410.830.4
0.850.530.910.07-0.740.770.770.890.660.030.940.940.90.210.940.94-0.11-0.29-0.08-0.970.650.660.840.530.85
0.90.440.990.16-0.780.850.780.880.730.180.940.970.980.320.990.920.02-0.230.12-0.890.830.810.860.670.93
0.850.40.950.07-0.80.780.750.890.640.10.940.970.950.340.970.9-0.12-0.24-0.02-0.920.720.690.830.60.87
0.910.440.990.22-0.730.880.760.810.760.30.90.980.950.360.970.90.05-0.160.18-0.840.860.820.880.750.94
0.440.260.350.48-0.070.410.40.20.50.220.210.320.340.360.270.270.350.140.33-0.150.430.410.270.310.37
0.860.390.970.05-0.830.80.710.910.660.10.940.990.970.970.270.93-0.09-0.320.0-0.910.770.770.830.60.89
0.930.550.90.16-0.690.850.780.840.720.10.940.920.90.90.270.93-0.02-0.24-0.02-0.910.730.750.860.560.92
0.290.40.130.90.50.420.33-0.30.490.65-0.110.02-0.120.050.35-0.09-0.020.680.930.260.530.530.270.540.22
0.030.23-0.130.740.610.180.3-0.510.130.57-0.29-0.23-0.24-0.160.14-0.32-0.240.680.680.370.150.070.170.360.0
0.310.310.230.870.370.480.33-0.280.520.81-0.080.12-0.020.180.330.0-0.020.930.680.220.610.560.320.710.29
-0.78-0.36-0.850.090.8-0.67-0.68-0.89-0.50.07-0.97-0.89-0.92-0.84-0.15-0.91-0.910.260.370.22-0.54-0.56-0.74-0.42-0.78
0.890.510.890.58-0.410.930.760.530.860.570.650.830.720.860.430.770.730.530.150.61-0.540.970.820.880.9
0.880.50.850.55-0.390.90.720.540.820.510.660.810.690.820.410.770.750.530.070.56-0.560.970.790.820.87
0.890.70.880.49-0.420.910.850.630.80.410.840.860.830.880.270.830.860.270.170.32-0.740.820.790.80.89
0.760.510.750.68-0.180.870.660.250.80.830.530.670.60.750.310.60.560.540.360.71-0.420.880.820.80.77
0.990.530.950.38-0.610.970.860.70.830.40.850.930.870.940.370.890.920.220.00.29-0.780.90.870.890.77
Click cells to compare fundamentals

Xingyuan Environment Account Relationship Matchups

Xingyuan Environment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.3B11.9B11.1B10.2B11.8B5.9B
Other Current Liab743.2M1.5B120.9M120.7M138.9M131.9M
Total Current Liabilities5.9B6.3B6.3B6.0B6.9B7.3B
Total Stockholder Equity1.9B1.8B1.2B278.9M320.7M304.7M
Retained Earnings(763.0M)(795.6M)(1.5B)(2.5B)(2.2B)(2.1B)
Accounts Payable2.5B2.6B2.2B2.0B2.3B1.3B
Cash1.1B904.6M584.9M732.5M842.3M513.7M
Other Assets922.0M698.0M5.8B6.2B7.2B7.5B
Net Receivables1.1B2.6B1.2B1.2B1.3B982.0M
Inventory124.2M269.0M260.5M277.4M319.0M303.1M
Other Current Assets454.9M556.1M442.2M357.4M411.0M431.5M
Total Liab9.1B9.7B9.6B9.2B10.6B11.1B
Intangible Assets670.5M591.5M562.5M597.8M687.4M721.8M
Property Plant Equipment366.6M316.3M331.5M362.3M416.6M313.8M
Other Liab502.9M548.5M743.0M746.7M858.7M901.7M
Long Term Debt2.5B2.6B2.4B1.9B2.2B1.3B
Good Will300.8M290.9M227.4M57.8M52.0M49.4M
Net Tangible Assets1.6B1.5B948.4M966.4M869.7M1.1B
Other Stockholder Equity5.0M(232.9M)(261.6M)(261.6M)(235.4M)(223.7M)
Deferred Long Term Liab6.6M5.0M4.5M4.9M5.7M5.2M
Short Long Term Debt2.0B1.7B1.3B771.2M886.9M1.3B
Total Current Assets4.1B4.3B3.6B3.4B3.9B5.2B
Non Current Assets Total7.2B7.6B7.5B6.9B7.9B5.3B
Non Currrent Assets Other5.0B6.0B5.9B5.5B6.4B3.4B
Non Current Liabilities Total3.2B3.4B3.3B3.2B3.7B2.4B
Non Current Liabilities Other616.1M703.6M743.4M712.5M819.4M558.0M
Net Debt3.4B3.4B3.1B2.0B2.3B2.7B
Net Invested Capital6.4B6.1B5.0B3.0B2.7B4.2B
Net Working Capital(1.8B)(2.0B)(2.7B)(2.7B)(2.4B)(2.3B)
Property Plant And Equipment Net331.5M362.3M303.5M259.9M233.9M251.7M
Property Plant And Equipment Gross696.0M756.6M729.3M707.4M813.5M778.0M

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Other Information on Investing in Xingyuan Stock

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