Xiamen Total Current Liabilities vs Non Current Assets Total Analysis

301028 Stock

11.57 0.22 1.94%

Xiamen East financial indicator trend analysis is more than just analyzing Xiamen East Asia current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen East Asia is a good investment. Please check the relationship between Xiamen East Total Current Liabilities and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen East Asia. 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen East Asia Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xiamen East's Total Current Liabilities and Non Current Assets Total is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Xiamen East Asia, assuming nothing else is changed. The correlation between historical values of Xiamen East's Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Xiamen East Asia are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Xiamen East's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on Xiamen East balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xiamen East Asia are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Xiamen East's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen East Asia 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 Xiamen East Asia. 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 22.1 M, whereas Selling General Administrative is forecasted to decline to about 39 M.

	2021	2022	2023	2024 (projected)
Gross Profit	297.7M	255.1M	289.4M	279.6M
Total Revenue	893.2M	794.9M	958.6M	886.6M

Gross Profit Total Revenue

Xiamen East 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Long Term Debt
Total Assets		-0.76	0.99	1.0	0.99	0.9	0.93	0.89	0.68	0.98	0.99	0.95	0.91	0.87	0.99	1.0	-0.57	0.95	0.99	0.86	0.83	0.3	0.77	-0.57
Other Current Liab	-0.76		-0.78	-0.76	-0.8	-0.73	-0.75	-0.63	-0.46	-0.88	-0.69	-0.61	-0.59	-0.93	-0.77	-0.76	0.44	-0.76	-0.69	-0.7	-0.52	-0.12	-0.49	0.44
Total Current Liabilities	0.99	-0.78		0.98	0.99	0.95	0.86	0.94	0.76	0.97	0.99	0.96	0.86	0.9	1.0	0.98	-0.64	0.89	0.99	0.77	0.8	0.42	0.83	-0.64
Total Stockholder Equity	1.0	-0.76	0.98		0.98	0.87	0.94	0.88	0.65	0.97	0.99	0.94	0.92	0.86	0.98	1.0	-0.55	0.96	0.99	0.88	0.83	0.26	0.75	-0.55
Retained Earnings	0.99	-0.8	0.99	0.98		0.91	0.88	0.92	0.7	0.98	0.97	0.96	0.83	0.88	0.99	0.98	-0.58	0.91	0.97	0.8	0.86	0.38	0.81	-0.58
Accounts Payable	0.9	-0.73	0.95	0.87	0.91		0.69	0.95	0.82	0.9	0.92	0.91	0.74	0.9	0.95	0.88	-0.69	0.74	0.92	0.58	0.66	0.57	0.85	-0.68
Cash	0.93	-0.75	0.86	0.94	0.88	0.69		0.66	0.42	0.91	0.88	0.78	0.94	0.8	0.86	0.94	-0.4	1.0	0.88	0.99	0.73	-0.06	0.51	-0.4
Non Current Assets Total	0.89	-0.63	0.94	0.88	0.92	0.95	0.66		0.83	0.86	0.93	0.97	0.68	0.77	0.95	0.88	-0.65	0.7	0.93	0.54	0.82	0.67	0.93	-0.65
Non Currrent Assets Other	0.68	-0.46	0.76	0.65	0.7	0.82	0.42	0.83		0.66	0.73	0.78	0.52	0.6	0.76	0.65	-0.95	0.47	0.73	0.31	0.64	0.82	0.94	-0.95
Net Receivables	0.98	-0.88	0.97	0.97	0.98	0.9	0.91	0.86	0.66		0.95	0.89	0.85	0.95	0.97	0.97	-0.58	0.93	0.95	0.84	0.75	0.27	0.72	-0.58
Common Stock Shares Outstanding	0.99	-0.69	0.99	0.99	0.97	0.92	0.88	0.93	0.73	0.95		0.97	0.9	0.84	0.99	0.99	-0.61	0.91	1.0	0.8	0.84	0.39	0.82	-0.61
Non Current Liabilities Total	0.95	-0.61	0.96	0.94	0.96	0.91	0.78	0.97	0.78	0.89	0.97		0.79	0.75	0.96	0.94	-0.62	0.81	0.97	0.68	0.9	0.54	0.9	-0.62
Inventory	0.91	-0.59	0.86	0.92	0.83	0.74	0.94	0.68	0.52	0.85	0.9	0.79		0.76	0.86	0.91	-0.49	0.95	0.9	0.93	0.65	0.03	0.54	-0.48
Other Current Assets	0.87	-0.93	0.9	0.86	0.88	0.9	0.8	0.77	0.6	0.95	0.84	0.75	0.76		0.89	0.86	-0.53	0.83	0.84	0.74	0.53	0.23	0.6	-0.53
Total Liab	0.99	-0.77	1.0	0.98	0.99	0.95	0.86	0.95	0.76	0.97	0.99	0.96	0.86	0.89		0.98	-0.64	0.89	0.99	0.77	0.81	0.43	0.84	-0.64
Net Invested Capital	1.0	-0.76	0.98	1.0	0.98	0.88	0.94	0.88	0.65	0.97	0.99	0.94	0.91	0.86	0.98		-0.55	0.96	0.99	0.88	0.84	0.27	0.75	-0.55
Short Long Term Debt	-0.57	0.44	-0.64	-0.55	-0.58	-0.69	-0.4	-0.65	-0.95	-0.58	-0.61	-0.62	-0.49	-0.53	-0.64	-0.55		-0.44	-0.61	-0.31	-0.52	-0.69	-0.82	1.0
Total Current Assets	0.95	-0.76	0.89	0.96	0.91	0.74	1.0	0.7	0.47	0.93	0.91	0.81	0.95	0.83	0.89	0.96	-0.44		0.91	0.98	0.73	-0.01	0.55	-0.44
Capital Stock	0.99	-0.69	0.99	0.99	0.97	0.92	0.88	0.93	0.73	0.95	1.0	0.97	0.9	0.84	0.99	0.99	-0.61	0.91		0.8	0.84	0.39	0.82	-0.61
Net Working Capital	0.86	-0.7	0.77	0.88	0.8	0.58	0.99	0.54	0.31	0.84	0.8	0.68	0.93	0.74	0.77	0.88	-0.31	0.98	0.8		0.64	-0.2	0.38	-0.31
Intangible Assets	0.83	-0.52	0.8	0.83	0.86	0.66	0.73	0.82	0.64	0.75	0.84	0.9	0.65	0.53	0.81	0.84	-0.52	0.73	0.84	0.64		0.46	0.83	-0.52
Property Plant And Equipment Net	0.3	-0.12	0.42	0.26	0.38	0.57	-0.06	0.67	0.82	0.27	0.39	0.54	0.03	0.23	0.43	0.27	-0.69	-0.01	0.39	-0.2	0.46		0.83	-0.69
Property Plant And Equipment Gross	0.77	-0.49	0.83	0.75	0.81	0.85	0.51	0.93	0.94	0.72	0.82	0.9	0.54	0.6	0.84	0.75	-0.82	0.55	0.82	0.38	0.83	0.83		-0.82
Long Term Debt	-0.57	0.44	-0.64	-0.55	-0.58	-0.68	-0.4	-0.65	-0.95	-0.58	-0.61	-0.62	-0.48	-0.53	-0.64	-0.55	1.0	-0.44	-0.61	-0.31	-0.52	-0.69	-0.82

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Xiamen East Account Relationship Matchups

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TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Xiamen Stock

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

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Xiamen Total Current Liabilities vs Non Current Assets Total Analysis

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Non Current Assets Total

Xiamen East fundamental ratios Correlations

Xiamen East Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Long Term Debt	- 0.95	Non Currrent Assets Other
Short Long Term Debt	- 0.95	Non Currrent Assets Other
Other Current Assets	- 0.93	Other Current Liab
Net Receivables	- 0.88	Other Current Liab
Long Term Debt	- 0.82	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.82	Short Long Term Debt