Ligao Capital Stock vs Capital Lease Obligations Analysis

300973 Stock   39.44  3.58  9.98%   
Ligao Foods financial indicator trend analysis is infinitely more than just investigating Ligao Foods CoLtd recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ligao Foods CoLtd is a good investment. Please check the relationship between Ligao Foods Capital Stock and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ligao Foods CoLtd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Capital Stock vs Capital Lease Obligations

Capital Stock vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Capital Stock account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ligao Foods' Capital Stock and Capital Lease Obligations is -0.64. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Ligao Foods CoLtd, assuming nothing else is changed. The correlation between historical values of Ligao Foods' Capital Stock and Capital Lease Obligations 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 Ligao Foods CoLtd are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Capital Stock i.e., Ligao Foods' Capital Stock and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Stock

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

Capital Lease Obligations

Ligao Foods CoLtd capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Ligao Foods asset purchases. For example, Ligao Foods can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Ligao Foods control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Ligao Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ligao Foods CoLtd 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 Ligao Foods CoLtd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The current year's Tax Provision is expected to grow to about 35.8 M, whereas Selling General Administrative is forecasted to decline to about 428.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense245.4K1.6M12.7M13.4M
Interest Income7.4M13.4M4.7M6.5M

Ligao Foods fundamental ratios Correlations

-0.810.940.990.940.910.970.990.910.860.940.950.720.930.870.941.00.810.990.950.890.980.99-0.680.99-0.58
-0.81-0.82-0.85-0.95-0.82-0.77-0.83-0.91-0.98-0.87-0.83-0.52-0.86-0.64-0.67-0.79-1.0-0.78-0.83-0.72-0.78-0.780.48-0.770.46
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0.94-0.950.950.970.950.890.950.970.960.980.960.60.980.770.80.920.940.910.960.820.920.93-0.60.92-0.52
0.91-0.821.00.940.950.810.950.870.840.990.940.520.980.770.760.890.830.860.940.740.950.94-0.650.93-0.46
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0.99-0.830.970.990.950.950.930.90.870.970.950.690.950.860.920.990.830.970.950.860.990.99-0.710.99-0.56
0.91-0.910.880.950.970.870.920.90.910.920.950.550.950.70.740.90.90.910.950.820.850.87-0.450.86-0.47
0.86-0.980.860.880.960.840.810.870.910.890.870.660.880.760.750.840.970.830.870.820.830.84-0.620.84-0.61
0.94-0.870.990.970.980.990.860.970.920.890.970.560.990.780.790.920.880.890.970.780.950.95-0.630.94-0.48
0.95-0.830.950.980.960.940.920.950.950.870.970.660.980.840.810.940.820.941.00.880.930.96-0.640.95-0.6
0.72-0.520.580.660.60.520.730.690.550.660.560.660.530.940.820.740.460.750.660.920.690.74-0.880.76-0.95
0.93-0.860.980.970.980.980.870.950.950.880.990.980.530.760.760.910.870.90.980.790.920.94-0.570.92-0.47
0.87-0.640.810.830.770.770.820.860.70.760.780.840.940.760.890.870.60.860.840.950.870.91-0.930.92-0.89
0.94-0.670.810.880.80.760.920.920.740.750.790.810.820.760.890.950.660.950.810.860.920.92-0.750.94-0.63
1.0-0.790.920.980.920.890.980.990.90.840.920.940.740.910.870.950.780.990.940.890.970.98-0.680.98-0.59
0.81-1.00.830.840.940.830.750.830.90.970.880.820.460.870.60.660.780.770.820.670.790.77-0.450.76-0.4
0.99-0.780.890.970.910.860.990.970.910.830.890.940.750.90.860.950.990.770.940.910.950.96-0.640.97-0.6
0.95-0.830.950.980.960.940.920.950.950.870.971.00.660.980.840.810.940.820.940.880.930.96-0.640.95-0.6
0.89-0.720.780.870.820.740.910.860.820.820.780.880.920.790.950.860.890.670.910.880.820.89-0.780.89-0.87
0.98-0.780.970.970.920.950.90.990.850.830.950.930.690.920.870.920.970.790.950.930.820.99-0.740.99-0.55
0.99-0.780.960.980.930.940.930.990.870.840.950.960.740.940.910.920.980.770.960.960.890.99-0.761.0-0.63
-0.680.48-0.69-0.63-0.6-0.65-0.58-0.71-0.45-0.62-0.63-0.64-0.88-0.57-0.93-0.75-0.68-0.45-0.64-0.64-0.78-0.74-0.76-0.780.87
0.99-0.770.960.970.920.930.930.990.860.840.940.950.760.920.920.940.980.760.970.950.890.991.0-0.78-0.64
-0.580.46-0.5-0.54-0.52-0.46-0.58-0.56-0.47-0.61-0.48-0.6-0.95-0.47-0.89-0.63-0.59-0.4-0.6-0.6-0.87-0.55-0.630.87-0.64
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Ligao Foods Account Relationship Matchups

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Other Information on Investing in Ligao Stock

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