300973 Stock | | | 41.78 0.56 1.32% |
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 Interest Expense and its Selling General Administrative 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
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Interest Expense vs Selling General Administrative
Interest Expense vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ligao Foods CoLtd Interest Expense account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ligao Foods' Interest Expense and Selling General Administrative is -0.05. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling General Administrative 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' Interest Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Ligao Foods CoLtd are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Expense i.e., Ligao Foods' Interest Expense and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Selling General Administrative
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
signals in nation.
As of March 1, 2025,
Tax Provision is expected to decline to about 16.4
M. In addition to that, Selling General Administrative is expected to decline to about 283
M | 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 1.6M | 12.7M | 14.6M | 15.4M | Interest Income | 13.4M | 4.7M | 5.4M | 6.5M |
Ligao Foods fundamental ratios Correlations
Click cells to compare fundamentals
Ligao Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ligao Foods fundamental ratios Accounts
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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.