Ningxia Accounts Payable vs Cash Analysis

300967 Stock

13.59 0.57 4.03%

Ningxia Xiaoming financial indicator trend analysis is infinitely more than just investigating Ningxia Xiaoming Agr recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Xiaoming Agr is a good investment. Please check the relationship between Ningxia Xiaoming Accounts Payable and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Xiaoming Agriculture. 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.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningxia Xiaoming Agr Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ningxia Xiaoming's Accounts Payable and Cash is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Ningxia Xiaoming Agriculture, assuming nothing else is changed. The correlation between historical values of Ningxia Xiaoming's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ningxia Xiaoming Agriculture are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Ningxia Xiaoming's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

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Accounts Payable

An accounting item on the balance sheet that represents Ningxia Xiaoming obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ningxia Xiaoming Agr are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Ningxia Xiaoming Agr, which is listed under current asset account on Ningxia Xiaoming Agriculture balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ningxia Xiaoming customers. The amounts must be unrestricted with restricted cash listed in a different Ningxia Xiaoming 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.

Most indicators from Ningxia Xiaoming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Xiaoming Agr 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 Ningxia Xiaoming Agriculture. 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.

Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is forecasted to decline to about 37.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	7.4M	10.0M	31.6M	33.2M
Interest Income	1.8M	2.6M	2.6M	2.8M

Interest Expense Interest Income

Ningxia Xiaoming fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Net Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.86	0.92	0.89	-0.07	0.64	0.44	0.99	0.68	0.91	0.9	0.96	0.91	0.67	0.97	1.0	0.66	0.95	-0.87	-0.3	0.98	0.96	0.96	-0.93	0.96	-0.61
Other Current Liab	-0.86		-0.69	-0.9	-0.24	-0.31	-0.56	-0.83	-0.42	-0.79	-0.63	-0.88	-0.78	-0.63	-0.77	-0.89	-0.72	-0.85	0.97	0.04	-0.89	-0.73	-0.79	0.8	-0.73	0.53
Total Current Liabilities	0.92	-0.69		0.77	-0.07	0.87	0.15	0.94	0.65	0.82	0.81	0.85	0.82	0.73	0.92	0.88	0.45	0.85	-0.71	-0.57	0.86	0.96	0.82	-0.85	0.95	-0.5
Total Stockholder Equity	0.89	-0.9	0.77		0.31	0.55	0.71	0.83	0.75	0.78	0.65	0.98	0.77	0.85	0.76	0.9	0.89	0.97	-0.97	0.03	0.96	0.75	0.84	-0.86	0.76	-0.52
Retained Earnings	-0.07	-0.24	-0.07	0.31		0.01	0.41	-0.15	0.11	-0.31	-0.46	0.13	-0.32	0.53	-0.25	-0.05	0.4	0.12	-0.35	0.49	0.08	-0.27	-0.21	0.19	-0.28	0.47
Accounts Payable	0.64	-0.31	0.87	0.55	0.01		-0.01	0.66	0.69	0.53	0.54	0.62	0.53	0.76	0.64	0.57	0.28	0.65	-0.4	-0.58	0.59	0.73	0.53	-0.62	0.71	-0.28
Cash	0.44	-0.56	0.15	0.71	0.41	-0.01		0.32	0.66	0.33	0.27	0.64	0.32	0.51	0.27	0.48	0.95	0.64	-0.68	0.7	0.6	0.2	0.52	-0.44	0.23	-0.25
Non Current Assets Total	0.99	-0.83	0.94	0.83	-0.15	0.66	0.32		0.61	0.92	0.92	0.91	0.91	0.61	0.99	0.98	0.56	0.91	-0.81	-0.41	0.95	0.98	0.95	-0.92	0.98	-0.61
Non Currrent Assets Other	0.68	-0.42	0.65	0.75	0.11	0.69	0.66	0.61		0.53	0.6	0.79	0.53	0.76	0.59	0.65	0.79	0.81	-0.58	0.1	0.74	0.6	0.72	-0.67	0.62	-0.33
Long Term Debt	0.91	-0.79	0.82	0.78	-0.31	0.53	0.33	0.92	0.53		0.88	0.86	1.0	0.51	0.91	0.91	0.54	0.86	-0.75	-0.4	0.87	0.93	0.91	-0.98	0.94	-0.87
Net Receivables	0.9	-0.63	0.81	0.65	-0.46	0.54	0.27	0.92	0.6	0.88		0.78	0.88	0.35	0.96	0.9	0.45	0.78	-0.6	-0.38	0.83	0.93	0.95	-0.85	0.94	-0.63
Common Stock Shares Outstanding	0.96	-0.88	0.85	0.98	0.13	0.62	0.64	0.91	0.79	0.86	0.78		0.85	0.8	0.87	0.96	0.84	1.0	-0.93	-0.09	0.99	0.86	0.92	-0.92	0.87	-0.59
Non Current Liabilities Total	0.91	-0.78	0.82	0.77	-0.32	0.53	0.32	0.91	0.53	1.0	0.88	0.85		0.5	0.9	0.91	0.53	0.85	-0.74	-0.41	0.86	0.93	0.91	-0.98	0.94	-0.88
Inventory	0.67	-0.63	0.73	0.85	0.53	0.76	0.51	0.61	0.76	0.51	0.35	0.8	0.5		0.52	0.64	0.72	0.81	-0.76	-0.07	0.74	0.58	0.55	-0.65	0.57	-0.26
Total Liab	0.97	-0.77	0.92	0.76	-0.25	0.64	0.27	0.99	0.59	0.91	0.96	0.87	0.9	0.52		0.96	0.5	0.86	-0.75	-0.44	0.91	0.98	0.95	-0.89	0.99	-0.6
Net Invested Capital	1.0	-0.89	0.88	0.9	-0.05	0.57	0.48	0.98	0.65	0.91	0.9	0.96	0.91	0.64	0.96		0.69	0.95	-0.89	-0.24	0.98	0.94	0.97	-0.93	0.94	-0.61
Total Current Assets	0.66	-0.72	0.45	0.89	0.4	0.28	0.95	0.56	0.79	0.54	0.45	0.84	0.53	0.72	0.5	0.69		0.84	-0.84	0.46	0.8	0.46	0.7	-0.65	0.48	-0.37
Capital Stock	0.95	-0.85	0.85	0.97	0.12	0.65	0.64	0.91	0.81	0.86	0.78	1.0	0.85	0.81	0.86	0.95	0.84		-0.91	-0.1	0.98	0.86	0.93	-0.93	0.87	-0.6
Non Current Liabilities Other	-0.87	0.97	-0.71	-0.97	-0.35	-0.4	-0.68	-0.81	-0.58	-0.75	-0.6	-0.93	-0.74	-0.76	-0.75	-0.89	-0.84	-0.91		-0.05	-0.93	-0.71	-0.8	0.8	-0.72	0.47
Net Working Capital	-0.3	0.04	-0.57	0.03	0.49	-0.58	0.7	-0.41	0.1	-0.4	-0.38	-0.09	-0.41	-0.07	-0.44	-0.24	0.46	-0.1	-0.05		-0.12	-0.54	-0.18	0.32	-0.51	0.32
Intangible Assets	0.98	-0.89	0.86	0.96	0.08	0.59	0.6	0.95	0.74	0.87	0.83	0.99	0.86	0.74	0.91	0.98	0.8	0.98	-0.93	-0.12		0.89	0.95	-0.91	0.9	-0.56
Property Plant And Equipment Net	0.96	-0.73	0.96	0.75	-0.27	0.73	0.2	0.98	0.6	0.93	0.93	0.86	0.93	0.58	0.98	0.94	0.46	0.86	-0.71	-0.54	0.89		0.92	-0.92	1.0	-0.66
Net Debt	0.96	-0.79	0.82	0.84	-0.21	0.53	0.52	0.95	0.72	0.91	0.95	0.92	0.91	0.55	0.95	0.97	0.7	0.93	-0.8	-0.18	0.95	0.92		-0.93	0.93	-0.67
Capital Lease Obligations	-0.93	0.8	-0.85	-0.86	0.19	-0.62	-0.44	-0.92	-0.67	-0.98	-0.85	-0.92	-0.98	-0.65	-0.89	-0.93	-0.65	-0.93	0.8	0.32	-0.91	-0.92	-0.93		-0.93	0.83
Property Plant And Equipment Gross	0.96	-0.73	0.95	0.76	-0.28	0.71	0.23	0.98	0.62	0.94	0.94	0.87	0.94	0.57	0.99	0.94	0.48	0.87	-0.72	-0.51	0.9	1.0	0.93	-0.93		-0.67
Short Long Term Debt	-0.61	0.53	-0.5	-0.52	0.47	-0.28	-0.25	-0.61	-0.33	-0.87	-0.63	-0.59	-0.88	-0.26	-0.6	-0.61	-0.37	-0.6	0.47	0.32	-0.56	-0.66	-0.67	0.83	-0.67

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Ningxia Xiaoming Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Ningxia Stock

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

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Ningxia Accounts Payable vs Cash Analysis

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash

Ningxia Xiaoming fundamental ratios Correlations

Ningxia Xiaoming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Ningxia Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Long Term Debt
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total

Capital Lease Obligations	- 0.98	Non Current Liabilities Total
Capital Lease Obligations	- 0.98	Long Term Debt
Non Current Liabilities Other	- 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.93	Capital Lease Obligations
Capital Lease Obligations	- 0.93	Net Debt
Intangible Assets	- 0.93	Non Current Liabilities Other