Heilongjiang Net Interest Income vs Ebitda Analysis

600598 Stock   13.87  0.38  2.67%   
Heilongjiang Agriculture financial indicator trend analysis is much more than just examining Heilongjiang Agriculture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heilongjiang Agriculture is a good investment. Please check the relationship between Heilongjiang Agriculture Net Interest Income and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heilongjiang Agriculture 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.

Net Interest Income vs Ebitda

Net Interest Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heilongjiang Agriculture Net Interest Income account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Heilongjiang Agriculture's Net Interest Income and Ebitda is 0.78. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Heilongjiang Agriculture Co, assuming nothing else is changed. The correlation between historical values of Heilongjiang Agriculture's Net Interest Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Heilongjiang Agriculture Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Interest Income i.e., Heilongjiang Agriculture's Net Interest Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Ebitda

Most indicators from Heilongjiang Agriculture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heilongjiang Agriculture 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 Heilongjiang Agriculture 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 676 M. The current year's Tax Provision is expected to grow to about 31.8 M
 2022 2023 2024 2025 (projected)
Operating Income989.5M1.1B1.2B729.8M
Total Revenue4.3B5.0B5.8B5.4B

Heilongjiang Agriculture fundamental ratios Correlations

0.770.90.070.080.810.380.17-0.240.470.890.320.88-0.650.360.95-0.36-0.09-0.210.11-0.12-0.37-0.2-0.09-0.27-0.24
0.770.93-0.33-0.380.91-0.04-0.380.020.790.950.420.92-0.76-0.050.76-0.37-0.1-0.710.57-0.46-0.7-0.68-0.61-0.64-0.71
0.90.93-0.29-0.190.970.1-0.150.080.770.990.361.0-0.88-0.010.86-0.49-0.15-0.560.4-0.36-0.64-0.53-0.44-0.55-0.56
0.07-0.33-0.290.51-0.430.660.58-0.82-0.73-0.29-0.04-0.330.570.860.060.50.280.74-0.570.480.720.710.610.640.73
0.08-0.38-0.190.51-0.320.30.89-0.26-0.5-0.280.15-0.190.170.32-0.10.38-0.060.72-0.620.810.760.530.670.840.76
0.810.910.97-0.43-0.320.04-0.240.230.810.970.30.98-0.9-0.150.79-0.59-0.21-0.620.41-0.39-0.76-0.61-0.5-0.63-0.63
0.38-0.040.10.660.30.040.45-0.43-0.30.1-0.330.090.060.560.31-0.11-0.30.58-0.590.230.350.590.40.30.55
0.17-0.38-0.150.580.89-0.240.45-0.31-0.57-0.230.07-0.150.170.450.060.32-0.020.76-0.790.730.620.570.720.850.76
-0.240.020.08-0.82-0.260.23-0.43-0.310.530.04-0.110.13-0.51-0.88-0.32-0.43-0.43-0.350.24-0.21-0.42-0.34-0.27-0.34-0.35
0.470.790.77-0.73-0.50.81-0.3-0.570.530.770.230.79-0.86-0.510.42-0.63-0.27-0.770.7-0.64-0.77-0.65-0.64-0.79-0.77
0.890.950.99-0.29-0.280.970.1-0.230.040.770.350.99-0.840.020.87-0.5-0.11-0.60.45-0.41-0.68-0.56-0.48-0.61-0.6
0.320.420.36-0.040.150.3-0.330.07-0.110.230.350.36-0.260.060.280.040.11-0.260.280.13-0.13-0.31-0.130.0-0.14
0.880.921.0-0.33-0.190.980.09-0.150.130.790.990.36-0.9-0.040.84-0.51-0.17-0.560.4-0.36-0.65-0.54-0.45-0.55-0.56
-0.65-0.76-0.880.570.17-0.90.060.17-0.51-0.86-0.84-0.26-0.90.4-0.560.580.320.57-0.380.340.630.570.490.530.55
0.36-0.05-0.010.860.32-0.150.560.45-0.88-0.510.020.06-0.040.40.440.370.470.48-0.30.280.410.50.50.330.43
0.950.760.860.06-0.10.790.310.06-0.320.420.870.280.84-0.560.44-0.310.13-0.330.21-0.23-0.48-0.29-0.19-0.39-0.36
-0.36-0.37-0.490.50.38-0.59-0.110.32-0.43-0.63-0.50.04-0.510.580.37-0.310.490.31-0.20.410.570.170.210.550.28
-0.09-0.1-0.150.28-0.06-0.21-0.3-0.02-0.43-0.27-0.110.11-0.170.320.470.130.49-0.090.26-0.050.09-0.050.0-0.03-0.11
-0.21-0.71-0.560.740.72-0.620.580.76-0.35-0.77-0.6-0.26-0.560.570.48-0.330.31-0.09-0.850.710.840.930.910.850.96
0.110.570.4-0.57-0.620.41-0.59-0.790.240.70.450.280.4-0.38-0.30.21-0.20.26-0.85-0.66-0.59-0.71-0.7-0.81-0.79
-0.12-0.46-0.360.480.81-0.390.230.73-0.21-0.64-0.410.13-0.360.340.28-0.230.41-0.050.71-0.660.670.470.710.780.73
-0.37-0.7-0.640.720.76-0.760.350.62-0.42-0.77-0.68-0.13-0.650.630.41-0.480.570.090.84-0.590.670.760.670.830.88
-0.2-0.68-0.530.710.53-0.610.590.57-0.34-0.65-0.56-0.31-0.540.570.5-0.290.17-0.050.93-0.710.470.760.860.640.87
-0.09-0.61-0.440.610.67-0.50.40.72-0.27-0.64-0.48-0.13-0.450.490.5-0.190.210.00.91-0.70.710.670.860.720.84
-0.27-0.64-0.550.640.84-0.630.30.85-0.34-0.79-0.610.0-0.550.530.33-0.390.55-0.030.85-0.810.780.830.640.720.86
-0.24-0.71-0.560.730.76-0.630.550.76-0.35-0.77-0.6-0.14-0.560.550.43-0.360.28-0.110.96-0.790.730.880.870.840.86
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Heilongjiang Agriculture Account Relationship Matchups

Heilongjiang Agriculture fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.1B8.0B8.2B8.7B10.0B10.5B
Other Current Liab718.8M732.2M418.6M3.2M2.9M2.8M
Total Current Liabilities1.3B1.2B1.1B1.2B1.1B1.1B
Total Stockholder Equity7.0B7.1B7.2B7.5B8.6B5.7B
Other Liab116.8M114.0M109.0M89.4M102.8M107.9M
Accounts Payable61.1M100.5M113.3M96.9M87.2M82.9M
Cash1.6B1.7B3.1B2.4B2.7B1.4B
Other Assets563.6M555.6M525.9M527.6M606.8M637.1M
Net Receivables217.5M12.9M35.0M10.9M9.8M9.3M
Inventory212.3M179.8M184.9M244.8M220.3M209.3M
Other Current Assets95.8M23.5M9.7M39.0M44.9M42.6M
Total Liab1.4B1.3B1.3B1.4B1.3B1.2B
Intangible Assets418.8M414.5M405.0M414.4M476.6M500.4M
Property Plant Equipment3.2B3.3B3.3B3.4B3.9B4.3B
Retained Earnings2.8B2.7B925.2M1.1B1.3B1.2B
Short Term Investments1.0B1.3B150.5M1.0B1.2B878.6M
Net Tangible Assets6.2B6.5B6.5B6.8B7.8B6.6B
Deferred Long Term Liab49.5M44.1M52.8M42.9M49.4M46.6M
Total Current Assets3.2B3.2B3.5B3.7B4.3B3.5B
Non Current Assets Total4.9B4.8B4.8B5.0B5.8B5.3B
Non Currrent Assets Other473.1M484.7M455.3M383.8M441.3M394.6M
Non Current Liabilities Total112.2M92.9M159.8M164.1M188.7M120.5M
Net Invested Capital7.0B7.1B7.2B7.5B8.6B7.5B
Net Working Capital1.9B2.0B2.4B2.5B2.8B2.1B
Property Plant And Equipment Net3.3B3.3B3.4B3.7B4.3B3.7B
Property Plant And Equipment Gross6.7B6.9B3.4B3.7B3.4B4.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Heilongjiang Stock

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