Ningxia Capital Stock vs Other Current Liab Analysis

300967 Stock   11.50  0.16  1.41%   
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 Capital Stock and its Other Current Liab 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.

Capital Stock vs Other Current Liab

Capital Stock vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningxia Xiaoming Agr Capital Stock account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Ningxia Xiaoming's Capital Stock and Other Current Liab is -0.84. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Current Liab 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 Capital Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Ningxia Xiaoming Agriculture are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Capital Stock i.e., Ningxia Xiaoming's Capital Stock and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Other Current Liab

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.
As of January 18, 2025, Selling General Administrative is expected to decline to about 37.7 M
 2022 2023 2024 2025 (projected)
Interest Expense10.0M31.6M36.3M38.1M
Interest Income2.6M2.6M2.4M2.8M

Ningxia Xiaoming fundamental ratios Correlations

-0.840.940.91-0.40.690.460.990.750.910.940.970.910.60.981.00.70.97-0.84-0.340.980.980.98-0.950.98-0.49
-0.84-0.72-0.9-0.01-0.39-0.59-0.81-0.5-0.8-0.65-0.87-0.79-0.63-0.77-0.86-0.75-0.840.980.09-0.88-0.73-0.780.81-0.740.46
0.94-0.720.83-0.360.870.240.960.720.850.870.90.850.670.940.920.530.9-0.73-0.570.910.970.88-0.90.96-0.45
0.91-0.90.83-0.050.630.710.870.80.830.740.980.820.80.830.920.90.97-0.95-0.060.960.820.88-0.90.82-0.53
-0.4-0.01-0.36-0.05-0.190.22-0.45-0.16-0.51-0.66-0.24-0.520.36-0.52-0.380.13-0.26-0.110.5-0.26-0.54-0.50.44-0.550.38
0.69-0.390.870.63-0.190.070.710.730.60.610.680.60.750.680.640.370.7-0.47-0.60.660.750.61-0.680.73-0.32
0.46-0.590.240.710.220.070.370.670.380.330.620.370.520.330.490.940.62-0.690.650.590.280.52-0.470.3-0.27
0.99-0.810.960.87-0.450.710.370.70.920.950.940.910.551.00.990.620.94-0.79-0.430.960.990.97-0.940.99-0.48
0.75-0.50.720.8-0.160.730.670.70.620.690.830.620.740.680.730.820.84-0.630.010.80.690.78-0.740.7-0.33
0.91-0.80.850.83-0.510.60.380.920.620.870.891.00.490.90.920.60.89-0.76-0.410.890.920.91-0.980.93-0.76
0.94-0.650.870.74-0.660.610.330.950.690.870.860.870.340.970.940.530.87-0.62-0.390.890.960.97-0.890.97-0.44
0.97-0.870.90.98-0.240.680.620.940.830.890.860.880.720.920.970.831.0-0.9-0.170.990.910.95-0.950.92-0.54
0.91-0.790.850.82-0.520.60.370.910.621.00.870.880.490.90.910.590.88-0.75-0.420.880.920.91-0.980.93-0.76
0.6-0.630.670.80.360.750.520.550.740.490.340.720.490.480.580.720.72-0.75-0.080.680.520.5-0.610.51-0.35
0.98-0.770.940.83-0.520.680.331.00.680.90.970.920.90.480.980.570.92-0.74-0.450.940.990.97-0.930.99-0.45
1.0-0.860.920.92-0.380.640.490.990.730.920.940.970.910.580.980.720.97-0.85-0.30.990.960.98-0.950.97-0.49
0.7-0.750.530.90.130.370.940.620.820.60.530.830.590.720.570.720.83-0.850.370.810.540.72-0.70.56-0.39
0.97-0.840.90.97-0.260.70.620.940.840.890.871.00.880.720.920.970.83-0.88-0.180.990.910.95-0.950.92-0.55
-0.840.98-0.73-0.95-0.11-0.47-0.69-0.79-0.63-0.76-0.62-0.9-0.75-0.75-0.74-0.85-0.85-0.880.0-0.9-0.71-0.780.81-0.720.44
-0.340.09-0.57-0.060.5-0.60.65-0.430.01-0.41-0.39-0.17-0.42-0.08-0.45-0.30.37-0.180.0-0.2-0.52-0.250.35-0.490.25
0.98-0.880.910.96-0.260.660.590.960.80.890.890.990.880.680.940.990.810.99-0.9-0.20.920.97-0.940.93-0.48
0.98-0.730.970.82-0.540.750.280.990.690.920.960.910.920.520.990.960.540.91-0.71-0.520.920.95-0.941.0-0.53
0.98-0.780.880.88-0.50.610.520.970.780.910.970.950.910.50.970.980.720.95-0.78-0.250.970.95-0.950.96-0.5
-0.950.81-0.9-0.90.44-0.68-0.47-0.94-0.74-0.98-0.89-0.95-0.98-0.61-0.93-0.95-0.7-0.950.810.35-0.94-0.94-0.95-0.950.71
0.98-0.740.960.82-0.550.730.30.990.70.930.970.920.930.510.990.970.560.92-0.72-0.490.931.00.96-0.95-0.53
-0.490.46-0.45-0.530.38-0.32-0.27-0.48-0.33-0.76-0.44-0.54-0.76-0.35-0.45-0.49-0.39-0.550.440.25-0.48-0.53-0.50.71-0.53
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Ningxia Xiaoming Account Relationship Matchups

Ningxia Xiaoming fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets896.0M1.2B1.5B1.6B1.9B1.3B
Total Current Liabilities142.1M166.9M291.7M253.0M290.9M221.1M
Total Stockholder Equity615.0M825.4M798.4M737.3M847.9M779.0M
Retained Earnings266.4M321.1M289.6M134.8M121.3M197.2M
Accounts Payable43.8M67.5M117.6M83.1M95.6M84.0M
Cash43.5M171.5M40.4M71.5M82.2M81.1M
Non Current Assets Total765.6M868.4M1.3B1.4B1.6B1.1B
Non Currrent Assets Other1.7M13.4M11.6M11.3M13.0M10.0M
Long Term Debt110.2M145.4M337.3M602.4M692.7M727.4M
Net Receivables10.8M15.0M20.2M34.4M39.6M20.4M
Common Stock Shares Outstanding140.5M187.5M190.2M189.5M217.9M185.5M
Non Current Liabilities Total138.9M169.2M363.4M626.6M720.6M756.6M
Inventory64.0M98.0M112.0M72.2M83.1M91.6M
Total Liab281.0M336.1M655.0M879.6M1.0B519.6M
Net Invested Capital754.1M970.8M1.1B1.3B1.5B1.1B
Total Current Assets130.3M293.0M179.4M187.6M215.8M202.6M
Non Current Liabilities Other2.6M1.2M1.6M2.2M2.0M2.0M
Net Working Capital(11.8M)126.1M(112.3M)(65.3M)(58.8M)(55.9M)
Intangible Assets27.3M45.7M48.4M52.7M60.6M43.2M

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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.