Xiamen Other Liab vs Total Current Assets Analysis

600563 Stock   117.31  0.61  0.52%   
Xiamen Faratronic financial indicator trend analysis is more than just analyzing Xiamen Faratronic current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Faratronic is a good investment. Please check the relationship between Xiamen Faratronic Other Liab and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Faratronic Co. 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.

Other Liab vs Total Current Assets

Other Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Faratronic Other Liab account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen Faratronic's Other Liab and Total Current Assets is 0.93. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Xiamen Faratronic Co, assuming nothing else is changed. The correlation between historical values of Xiamen Faratronic's Other Liab and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Xiamen Faratronic Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Liab i.e., Xiamen Faratronic's Other Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Xiamen Faratronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Faratronic 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 Faratronic Co. 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 Selling General Administrative is expected to grow to about 94.5 M, whereas Tax Provision is forecasted to decline to about 111.1 M.
 2022 2023 2024 2025 (projected)
Operating Income1.1B1.2B1.3B1.4B
Total Revenue3.8B3.9B4.5B4.7B

Xiamen Faratronic fundamental ratios Correlations

-0.640.981.00.951.00.980.440.96-0.30.950.97-0.480.980.890.480.970.55-0.680.87-0.720.93-0.110.860.910.86
-0.64-0.67-0.61-0.62-0.64-0.66-0.1-0.5-0.26-0.63-0.60.42-0.69-0.580.11-0.54-0.160.48-0.540.35-0.58-0.03-0.56-0.71-0.66
0.98-0.670.970.980.971.00.470.96-0.180.910.98-0.471.00.830.360.950.56-0.650.89-0.730.95-0.160.910.90.84
1.0-0.610.970.931.00.960.430.96-0.350.960.96-0.470.960.90.540.980.55-0.680.85-0.710.91-0.080.840.90.85
0.95-0.620.980.930.940.980.470.95-0.130.860.96-0.460.980.780.30.930.66-0.60.92-0.790.98-0.190.930.850.78
1.0-0.640.971.00.940.960.410.96-0.30.960.95-0.510.970.90.490.970.57-0.670.87-0.730.93-0.080.850.90.85
0.98-0.661.00.960.980.960.480.95-0.180.890.99-0.451.00.830.360.940.56-0.650.89-0.720.95-0.190.910.90.84
0.44-0.10.470.430.470.410.480.51-0.470.40.53-0.210.450.150.460.490.490.030.53-0.530.44-0.210.640.170.07
0.96-0.50.960.960.950.960.950.51-0.320.910.95-0.530.950.80.480.950.62-0.580.89-0.750.92-0.110.890.810.75
-0.3-0.26-0.18-0.35-0.13-0.3-0.18-0.47-0.32-0.4-0.28-0.07-0.15-0.29-0.96-0.42-0.3-0.09-0.270.2-0.17-0.08-0.23-0.06-0.04
0.95-0.630.910.960.860.960.890.40.91-0.40.89-0.50.90.840.560.950.48-0.60.81-0.630.870.030.80.810.74
0.97-0.60.980.960.960.950.990.530.95-0.280.89-0.390.980.830.450.950.56-0.630.87-0.690.92-0.150.890.870.81
-0.480.42-0.47-0.47-0.46-0.51-0.45-0.21-0.53-0.07-0.5-0.39-0.47-0.42-0.01-0.37-0.410.27-0.420.37-0.430.02-0.42-0.42-0.39
0.98-0.691.00.960.980.971.00.450.95-0.150.90.98-0.470.830.330.940.55-0.660.89-0.720.95-0.160.910.910.85
0.89-0.580.830.90.780.90.830.150.8-0.290.840.83-0.420.830.480.840.48-0.70.69-0.550.76-0.060.640.870.86
0.480.110.360.540.30.490.360.460.48-0.960.560.45-0.010.330.480.580.32-0.180.37-0.280.320.050.330.290.27
0.97-0.540.950.980.930.970.940.490.95-0.420.950.95-0.370.940.840.580.6-0.610.87-0.730.93-0.060.860.820.75
0.55-0.160.560.550.660.570.560.490.62-0.30.480.56-0.410.550.480.320.6-0.080.72-0.810.69-0.270.710.30.25
-0.680.48-0.65-0.68-0.6-0.67-0.650.03-0.58-0.09-0.6-0.630.27-0.66-0.7-0.18-0.61-0.08-0.330.27-0.560.09-0.33-0.79-0.79
0.87-0.540.890.850.920.870.890.530.89-0.270.810.87-0.420.890.690.370.870.72-0.33-0.820.92-0.110.970.710.64
-0.720.35-0.73-0.71-0.79-0.73-0.72-0.53-0.750.2-0.63-0.690.37-0.72-0.55-0.28-0.73-0.810.27-0.82-0.850.19-0.81-0.51-0.45
0.93-0.580.950.910.980.930.950.440.92-0.170.870.92-0.430.950.760.320.930.69-0.560.92-0.85-0.220.930.790.73
-0.11-0.03-0.16-0.08-0.19-0.08-0.19-0.21-0.11-0.080.03-0.150.02-0.16-0.060.05-0.06-0.270.09-0.110.19-0.22-0.21-0.08-0.13
0.86-0.560.910.840.930.850.910.640.89-0.230.80.89-0.420.910.640.330.860.71-0.330.97-0.810.93-0.210.680.59
0.91-0.710.90.90.850.90.90.170.81-0.060.810.87-0.420.910.870.290.820.3-0.790.71-0.510.79-0.080.680.99
0.86-0.660.840.850.780.850.840.070.75-0.040.740.81-0.390.850.860.270.750.25-0.790.64-0.450.73-0.130.590.99
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Xiamen Faratronic Account Relationship Matchups

Xiamen Faratronic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.7B4.6B5.7B6.3B7.3B7.6B
Other Current Liab62.3M64.3M401.4K388.0K446.2K423.9K
Total Current Liabilities652.5M1.0B1.4B1.4B1.6B1.7B
Total Stockholder Equity2.9B3.4B4.1B4.7B5.4B5.7B
Other Liab31.1M49.8M56.4M106.0M121.9M128.0M
Retained Earnings2.4B2.9B3.4B4.1B4.7B4.9B
Accounts Payable474.7M828.4M1.1B1.1B1.3B1.4B
Cash752.8M786.0M1.4B593.2M682.2M465.0M
Other Assets79.5M65.0M116.3M153.5M176.6M185.4M
Net Receivables667.9M875.5M1.2B1.1B1.3B1.4B
Inventory363.3M588.0M729.5M671.2M771.9M810.5M
Other Current Assets4.1M4.0M525.6K269.9K243.0K230.8K
Total Liab709.0M1.1B1.5B1.6B1.8B1.9B
Intangible Assets68.6M70.9M65.2M118.9M136.7M143.6M
Property Plant Equipment596.4M612.3M612.8M846.6M973.6M1.0B
Short Term Investments616.5M1.0B534.6M512.1M588.9M307.7M
Net Tangible Assets2.4B2.6B2.8B3.3B3.8B2.7B
Other Stockholder Equity59.3K(1.3M)(1.5M)(965.3K)(868.7K)(825.3K)
Deferred Long Term Liab8.9M12.7M10.6M17.9M20.6M21.6M
Total Current Assets2.8B3.6B4.2B3.4B3.9B2.9B
Non Current Assets Total816.9M1.1B1.5B2.9B3.3B3.5B
Non Currrent Assets Other88.8M120.0M139.5M1.1B1.3B1.3B
Non Current Liabilities Total56.4M107.3M168.7M183.6M211.1M221.7M
Short Long Term Debt10.0M39.9M37.0M18.3M21.0M20.8M
Net Invested Capital2.9B3.5B4.1B4.7B5.4B3.6B
Net Working Capital2.2B2.5B2.8B2.1B2.4B2.3B
Property Plant And Equipment Net612.8M846.6M1.2B1.6B1.8B1.1B
Property Plant And Equipment Gross1.5B1.8B2.3B1.6B1.8B1.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Xiamen Stock

Balance Sheet is a snapshot of the financial position of Xiamen Faratronic at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Faratronic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Faratronic 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.