Xilinmen Minority Interest vs Tax Provision Analysis

603008 Stock

17.39 0.82 4.95%

Xilinmen Furniture financial indicator trend analysis is more than just analyzing Xilinmen Furniture current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xilinmen Furniture is a good investment. Please check the relationship between Xilinmen Furniture Minority Interest and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xilinmen Furniture 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 board of governors.

Minority Interest vs Tax Provision

Minority Interest vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xilinmen Furniture Minority Interest account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Xilinmen Furniture's Minority Interest and Tax Provision is -0.2. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Xilinmen Furniture Co, assuming nothing else is changed. The correlation between historical values of Xilinmen Furniture's Minority Interest and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Xilinmen Furniture Co are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Minority Interest i.e., Xilinmen Furniture's Minority Interest and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Xilinmen Furniture Co whose combined shares represent less than 50% of the total outstanding shares issued by Xilinmen Furniture have a minority interest in Xilinmen Furniture.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Xilinmen Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xilinmen Furniture 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 Xilinmen Furniture 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 board of governors.

The current year's Selling General Administrative is expected to grow to about 1.8 B, whereas Tax Provision is forecasted to decline to about 72.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.5B	3.0B	3.4B	1.9B
Research Development	191.5M	179.8M	206.8M	122.9M

Gross Profit Research Development

Xilinmen Furniture fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Long Term Debt	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.15	0.99	0.98	0.95	0.98	0.96	0.91	0.74	0.88	0.52	1.0	0.98	0.78	0.98	0.12	0.15	0.93	0.83	-0.85	-0.72	0.85	0.88	0.94	0.85	0.26
Other Current Liab	0.15		0.22	0.11	-0.03	0.03	0.0	-0.19	0.33	0.22	0.66	0.17	0.13	0.36	0.19	0.66	0.22	0.12	-0.12	-0.14	0.18	-0.02	0.29	0.27	-0.23	0.8
Total Current Liabilities	0.99	0.22		0.96	0.92	0.97	0.93	0.88	0.77	0.9	0.57	1.0	0.98	0.77	0.98	0.2	0.15	0.92	0.82	-0.86	-0.69	0.85	0.91	0.96	0.82	0.32
Total Stockholder Equity	0.98	0.11	0.96		0.96	0.96	0.96	0.9	0.72	0.84	0.47	0.96	0.95	0.8	0.97	0.06	0.12	0.91	0.8	-0.8	-0.7	0.8	0.84	0.91	0.83	0.22
Retained Earnings	0.95	-0.03	0.92	0.96		0.97	0.97	0.96	0.56	0.75	0.41	0.94	0.92	0.65	0.92	-0.12	0.13	0.9	0.83	-0.85	-0.82	0.82	0.76	0.87	0.88	0.17
Accounts Payable	0.98	0.03	0.97	0.96	0.97		0.96	0.95	0.69	0.84	0.44	0.98	0.96	0.68	0.95	0.03	0.08	0.92	0.87	-0.87	-0.78	0.87	0.85	0.92	0.89	0.19
Cash	0.96	0.0	0.93	0.96	0.97	0.96		0.94	0.58	0.79	0.49	0.94	0.92	0.66	0.91	-0.07	0.01	0.93	0.85	-0.89	-0.82	0.85	0.8	0.92	0.88	0.23
Other Assets	0.91	-0.19	0.88	0.9	0.96	0.95	0.94		0.55	0.75	0.26	0.9	0.89	0.58	0.87	-0.25	0.06	0.87	0.91	-0.84	-0.88	0.85	0.73	0.82	0.93	-0.01
Net Receivables	0.74	0.33	0.77	0.72	0.56	0.69	0.58	0.55		0.9	0.27	0.75	0.74	0.84	0.79	0.43	0.2	0.68	0.67	-0.46	-0.23	0.63	0.87	0.73	0.56	0.07
Inventory	0.88	0.22	0.9	0.84	0.75	0.84	0.79	0.75	0.9		0.46	0.89	0.87	0.82	0.88	0.3	0.12	0.9	0.85	-0.75	-0.52	0.88	0.95	0.92	0.81	0.18
Other Current Assets	0.52	0.66	0.57	0.47	0.41	0.44	0.49	0.26	0.27	0.46		0.54	0.5	0.44	0.49	0.47	0.05	0.56	0.2	-0.65	-0.34	0.43	0.55	0.66	0.29	0.92
Total Liab	1.0	0.17	1.0	0.96	0.94	0.98	0.94	0.9	0.75	0.89	0.54		0.98	0.75	0.98	0.15	0.18	0.92	0.84	-0.86	-0.72	0.86	0.89	0.95	0.85	0.27
Intangible Assets	0.98	0.13	0.98	0.95	0.92	0.96	0.92	0.89	0.74	0.87	0.5	0.98		0.76	0.98	0.18	0.19	0.89	0.82	-0.83	-0.69	0.85	0.86	0.92	0.84	0.23
Common Stock	0.78	0.36	0.77	0.8	0.65	0.68	0.66	0.58	0.84	0.82	0.44	0.75	0.76		0.84	0.31	0.24	0.74	0.61	-0.55	-0.36	0.62	0.77	0.74	0.59	0.23
Property Plant Equipment	0.98	0.19	0.98	0.97	0.92	0.95	0.91	0.87	0.79	0.88	0.49	0.98	0.98	0.84		0.2	0.22	0.88	0.8	-0.81	-0.66	0.82	0.86	0.91	0.8	0.23
Short Term Investments	0.12	0.66	0.2	0.06	-0.12	0.03	-0.07	-0.25	0.43	0.3	0.47	0.15	0.18	0.31	0.2		0.1	0.04	-0.15	-0.02	0.45	0.06	0.31	0.22	-0.17	0.5
Other Liab	0.15	0.22	0.15	0.12	0.13	0.08	0.01	0.06	0.2	0.12	0.05	0.18	0.19	0.24	0.22	0.1		0.02	0.03	-0.03	-0.02	0.04	-0.01	0.01	0.02	-0.02
Net Tangible Assets	0.93	0.12	0.92	0.91	0.9	0.92	0.93	0.87	0.68	0.9	0.56	0.92	0.89	0.74	0.88	0.04	0.02		0.88	-0.9	-0.76	0.92	0.89	0.97	0.91	0.29
Long Term Debt	0.83	-0.12	0.82	0.8	0.83	0.87	0.85	0.91	0.67	0.85	0.2	0.84	0.82	0.61	0.8	-0.15	0.03	0.88		-0.83	-0.8	0.93	0.79	0.84	0.93	-0.06
Good Will	-0.85	-0.14	-0.86	-0.8	-0.85	-0.87	-0.89	-0.84	-0.46	-0.75	-0.65	-0.86	-0.83	-0.55	-0.81	-0.02	-0.03	-0.9	-0.83		0.86	-0.92	-0.76	-0.91	-0.86	-0.42
Other Stockholder Equity	-0.72	0.18	-0.69	-0.7	-0.82	-0.78	-0.82	-0.88	-0.23	-0.52	-0.34	-0.72	-0.69	-0.36	-0.66	0.45	-0.02	-0.76	-0.8	0.86		-0.76	-0.51	-0.69	-0.82	-0.11
Deferred Long Term Liab	0.85	-0.02	0.85	0.8	0.82	0.87	0.85	0.85	0.63	0.88	0.43	0.86	0.85	0.62	0.82	0.06	0.04	0.92	0.93	-0.92	-0.76		0.83	0.9	0.95	0.15
Long Term Investments	0.88	0.29	0.91	0.84	0.76	0.85	0.8	0.73	0.87	0.95	0.55	0.89	0.86	0.77	0.86	0.31	-0.01	0.89	0.79	-0.76	-0.51	0.83		0.94	0.78	0.32
Total Current Assets	0.94	0.27	0.96	0.91	0.87	0.92	0.92	0.82	0.73	0.92	0.66	0.95	0.92	0.74	0.91	0.22	0.01	0.97	0.84	-0.91	-0.69	0.9	0.94		0.84	0.42
Non Current Assets Total	0.85	-0.23	0.82	0.83	0.88	0.89	0.88	0.93	0.56	0.81	0.29	0.85	0.84	0.59	0.8	-0.17	0.02	0.91	0.93	-0.86	-0.82	0.95	0.78	0.84		-0.02
Non Currrent Assets Other	0.26	0.8	0.32	0.22	0.17	0.19	0.23	-0.01	0.07	0.18	0.92	0.27	0.23	0.23	0.23	0.5	-0.02	0.29	-0.06	-0.42	-0.11	0.15	0.32	0.42	-0.02

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Xilinmen Furniture Account Relationship Matchups

Xilinmen Furniture fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.6B	8.3B	9.0B	8.9B	10.2B	10.8B
Other Current Liab	980.4M	402.1M	35.1M	24.4M	28.1M	26.7M
Total Current Liabilities	4.2B	4.3B	4.6B	4.4B	5.0B	5.3B
Total Stockholder Equity	2.9B	3.2B	3.5B	3.7B	4.3B	4.5B
Retained Earnings	1.2B	1.7B	1.6B	2.0B	2.3B	2.4B
Accounts Payable	1.7B	2.4B	2.1B	2.5B	2.9B	3.1B
Cash	1.5B	1.7B	2.0B	1.9B	2.2B	2.3B
Other Assets	258.3M	287.3M	222.5M	862.1M	991.4M	1.0B
Net Receivables	745.4M	1.2B	874.1M	944.3M	1.1B	761.1M
Inventory	798.5M	1.1B	1.2B	1.0B	1.2B	630.4M
Other Current Assets	1.7B	152.8M	704.8M	427.4M	491.5M	304.9M
Total Liab	4.4B	4.9B	5.3B	5.0B	5.7B	6.0B
Intangible Assets	257.4M	286.7M	328.0M	317.6M	365.3M	383.5M
Property Plant Equipment	1.6B	1.7B	1.7B	1.9B	2.2B	2.3B
Short Term Investments	88.1M	81.5M	773.9K	567.2K	652.3K	619.7K
Other Liab	51.0M	71.7M	55.6M	64.4M	58.0M	61.0M
Net Tangible Assets	1.9B	2.5B	2.7B	3.1B	3.6B	2.2B
Long Term Debt	90.2M	430.2M	331.3M	321.6M	369.8M	221.3M
Other Stockholder Equity	140.7K	4.4M	(2.6M)	(8.1M)	(7.3M)	(7.0M)
Deferred Long Term Liab	131.4M	165.4M	150.5M	215.1M	247.4M	141.9M
Total Current Assets	5.1B	4.7B	5.1B	4.7B	5.4B	4.1B
Non Current Assets Total	2.4B	3.6B	4.0B	4.2B	4.9B	3.3B
Non Currrent Assets Other	1.7B	113.4M	134.0M	100.0M	115.0M	109.3M
Non Current Liabilities Total	145.8M	644.6M	693.1M	609.1M	700.5M	386.1M
Short Long Term Debt	1.4B	1.2B	1.7B	1.1B	1.2B	1.4B
Net Invested Capital	4.4B	4.9B	5.5B	5.1B	5.9B	5.1B
Net Working Capital	872.3M	428.6M	457.5M	329.8M	379.2M	437.6M
Property Plant And Equipment Net	1.7B	1.9B	2.3B	2.6B	3.0B	2.2B
Property Plant And Equipment Gross	2.3B	2.6B	2.3B	3.6B	4.2B	2.9B

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Other Information on Investing in Xilinmen Stock

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

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Xilinmen Minority Interest vs Tax Provision Analysis

Minority Interest vs Tax Provision

Minority Interest vs Tax Provision Correlation Analysis

Correlation Coefficient

Minority Interest

Tax Provision

Xilinmen Furniture fundamental ratios Correlations

Xilinmen Furniture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xilinmen Furniture fundamental ratios Accounts

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Other Information on Investing in Xilinmen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Assets

Deferred Long Term Liab	- 0.92	Good Will
Total Current Assets	- 0.91	Good Will
Good Will	- 0.9	Net Tangible Assets
Good Will	- 0.89	Cash
Other Stockholder Equity	- 0.88	Other Assets
Good Will	- 0.87	Accounts Payable