Ligao Non Current Liabilities Total vs Non Currrent Assets Other 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 Non Current Liabilities Total and its Non Currrent Assets Other 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 signals in nation.
Non Current Liabilities Total vs Non Currrent Assets Other
Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ligao Foods' Non Current Liabilities Total and Non Currrent Assets Other is 0.55. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other 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' Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ligao Foods CoLtd are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., Ligao Foods' Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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. 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 Expense | 245.4K | 1.6M | 12.7M | 13.4M | Interest Income | 7.4M | 13.4M | 4.7M | 6.5M |
Ligao Foods fundamental ratios Correlations
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Ligao Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.