Xiamen Total Liab vs Total Current Liabilities 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 Liab and its Total Current Liabilities 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 Liab vs Total Current Liabilities

Total Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen East Asia Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Xiamen East's Total Liab and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Liabilities 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 Liab and Total Current Liabilities 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 Liab of Xiamen East Asia are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Liab i.e., Xiamen East's Total Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
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 Profit297.7M255.1M289.4M279.6M
Total Revenue893.2M794.9M958.6M886.6M

Xiamen East fundamental ratios Correlations

-0.760.991.00.990.90.930.890.680.980.990.950.910.870.991.0-0.570.950.990.860.830.30.77-0.57
-0.76-0.78-0.76-0.8-0.73-0.75-0.63-0.46-0.88-0.69-0.61-0.59-0.93-0.77-0.760.44-0.76-0.69-0.7-0.52-0.12-0.490.44
0.99-0.780.980.990.950.860.940.760.970.990.960.860.91.00.98-0.640.890.990.770.80.420.83-0.64
1.0-0.760.980.980.870.940.880.650.970.990.940.920.860.981.0-0.550.960.990.880.830.260.75-0.55
0.99-0.80.990.980.910.880.920.70.980.970.960.830.880.990.98-0.580.910.970.80.860.380.81-0.58
0.9-0.730.950.870.910.690.950.820.90.920.910.740.90.950.88-0.690.740.920.580.660.570.85-0.68
0.93-0.750.860.940.880.690.660.420.910.880.780.940.80.860.94-0.41.00.880.990.73-0.060.51-0.4
0.89-0.630.940.880.920.950.660.830.860.930.970.680.770.950.88-0.650.70.930.540.820.670.93-0.65
0.68-0.460.760.650.70.820.420.830.660.730.780.520.60.760.65-0.950.470.730.310.640.820.94-0.95
0.98-0.880.970.970.980.90.910.860.660.950.890.850.950.970.97-0.580.930.950.840.750.270.72-0.58
0.99-0.690.990.990.970.920.880.930.730.950.970.90.840.990.99-0.610.911.00.80.840.390.82-0.61
0.95-0.610.960.940.960.910.780.970.780.890.970.790.750.960.94-0.620.810.970.680.90.540.9-0.62
0.91-0.590.860.920.830.740.940.680.520.850.90.790.760.860.91-0.490.950.90.930.650.030.54-0.48
0.87-0.930.90.860.880.90.80.770.60.950.840.750.760.890.86-0.530.830.840.740.530.230.6-0.53
0.99-0.771.00.980.990.950.860.950.760.970.990.960.860.890.98-0.640.890.990.770.810.430.84-0.64
1.0-0.760.981.00.980.880.940.880.650.970.990.940.910.860.98-0.550.960.990.880.840.270.75-0.55
-0.570.44-0.64-0.55-0.58-0.69-0.4-0.65-0.95-0.58-0.61-0.62-0.49-0.53-0.64-0.55-0.44-0.61-0.31-0.52-0.69-0.821.0
0.95-0.760.890.960.910.741.00.70.470.930.910.810.950.830.890.96-0.440.910.980.73-0.010.55-0.44
0.99-0.690.990.990.970.920.880.930.730.951.00.970.90.840.990.99-0.610.910.80.840.390.82-0.61
0.86-0.70.770.880.80.580.990.540.310.840.80.680.930.740.770.88-0.310.980.80.64-0.20.38-0.31
0.83-0.520.80.830.860.660.730.820.640.750.840.90.650.530.810.84-0.520.730.840.640.460.83-0.52
0.3-0.120.420.260.380.57-0.060.670.820.270.390.540.030.230.430.27-0.69-0.010.39-0.20.460.83-0.69
0.77-0.490.830.750.810.850.510.930.940.720.820.90.540.60.840.75-0.820.550.820.380.830.83-0.82
-0.570.44-0.64-0.55-0.58-0.68-0.4-0.65-0.95-0.58-0.61-0.62-0.48-0.53-0.64-0.551.0-0.44-0.61-0.31-0.52-0.69-0.82
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Xiamen East Account Relationship Matchups

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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.