Ningxia Property Plant And Equipment Net vs Long Term Debt 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 Property Plant And Equipment Net and its Long Term Debt 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.

Property Plant And Equipment Net vs Long Term Debt

Property Plant And Equipment Net vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningxia Xiaoming Agr Property Plant And Equipment Net account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ningxia Xiaoming's Property Plant And Equipment Net and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Debt 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 Property Plant And Equipment Net and Long 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 Property Plant And Equipment Net of Ningxia Xiaoming Agriculture are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Ningxia Xiaoming's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Debt

Long-term debt is a debt that Ningxia Xiaoming Agr has held for over one year. Long-term debt appears on Ningxia Xiaoming Agriculture balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ningxia Xiaoming Agriculture balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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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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 Property Plant And Equipment Net vs Long Term Debt Analysis

Property Plant And Equipment Net vs Long Term Debt

Property Plant And Equipment Net vs Long Term Debt Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Long Term Debt

Ningxia Xiaoming fundamental ratios Correlations

Ningxia Xiaoming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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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