Yindu Change To Inventory vs Net Borrowings Analysis

603277 Stock   24.16  0.14  0.58%   
Yindu Kitchen financial indicator trend analysis is more than just analyzing Yindu Kitchen Equipment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yindu Kitchen Equipment is a good investment. Please check the relationship between Yindu Kitchen Change To Inventory and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yindu Kitchen Equipment. 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.

Change To Inventory vs Net Borrowings

Change To Inventory vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yindu Kitchen Equipment Change To Inventory account and Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yindu Kitchen's Change To Inventory and Net Borrowings is -0.18. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Yindu Kitchen Equipment, assuming nothing else is changed. The correlation between historical values of Yindu Kitchen's Change To Inventory and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Yindu Kitchen Equipment are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Inventory i.e., Yindu Kitchen's Change To Inventory and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Yindu Kitchen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yindu Kitchen Equipment 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 Yindu Kitchen Equipment. 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 256.2 M. In addition to that, Tax Provision is expected to decline to about 63.9 M
 2021 2022 2023 2024 (projected)
Operating Income463.1M489.0M546.1M328.3M
Total Revenue2.5B2.7B2.7B1.7B

Yindu Kitchen fundamental ratios Correlations

0.590.981.00.850.990.890.650.830.960.050.940.180.960.460.920.860.990.250.80.910.280.780.980.920.67
0.590.590.540.640.630.580.420.670.69-0.170.79-0.160.710.580.370.660.540.030.770.740.130.850.520.720.33
0.980.590.960.820.980.940.610.810.970.050.940.190.980.530.870.840.960.130.80.930.250.780.940.880.66
1.00.540.960.830.980.870.640.810.950.080.920.190.940.410.940.831.00.290.760.880.30.730.980.890.65
0.850.640.820.830.830.720.930.990.83-0.180.850.030.850.480.740.990.850.460.780.870.150.830.870.930.87
0.990.630.980.980.830.890.630.820.970.070.940.120.960.530.870.860.980.250.780.930.30.770.960.90.64
0.890.580.940.870.720.890.460.730.930.190.90.170.920.430.840.750.86-0.140.780.850.150.730.850.750.5
0.650.420.610.640.930.630.460.910.59-0.270.63-0.050.650.440.550.910.680.610.610.70.010.670.710.810.93
0.830.670.810.810.990.820.730.910.83-0.170.86-0.010.860.470.730.990.830.40.810.870.150.860.850.930.86
0.960.690.970.950.830.970.930.590.830.160.950.140.960.430.880.850.940.170.790.90.320.790.920.880.59
0.05-0.170.050.08-0.180.070.19-0.27-0.170.16-0.050.1-0.04-0.380.23-0.160.0-0.16-0.24-0.170.05-0.27-0.03-0.22-0.29
0.940.790.940.920.850.940.90.630.860.95-0.050.080.990.570.810.870.920.090.920.950.180.930.890.940.64
0.18-0.160.190.190.030.120.17-0.05-0.010.140.10.080.12-0.290.28-0.050.170.050.02-0.1-0.1-0.060.250.03-0.03
0.960.710.980.940.850.960.920.650.860.96-0.040.990.120.60.830.880.940.110.890.970.190.890.920.940.69
0.460.580.530.410.480.530.430.440.470.43-0.380.57-0.290.60.140.560.45-0.080.640.71-0.270.680.430.60.53
0.920.370.870.940.740.870.840.550.730.880.230.810.280.830.140.720.920.270.60.720.290.590.90.760.54
0.860.660.840.830.990.860.750.910.990.85-0.160.87-0.050.880.560.720.860.40.790.910.140.840.870.930.86
0.990.540.961.00.850.980.860.680.830.940.00.920.170.940.450.920.860.310.780.90.290.750.990.910.69
0.250.030.130.290.460.25-0.140.610.40.17-0.160.090.050.11-0.080.270.40.31-0.030.150.320.070.340.360.46
0.80.770.80.760.780.780.780.610.810.79-0.240.920.020.890.640.60.790.78-0.030.890.060.960.770.90.67
0.910.740.930.880.870.930.850.70.870.9-0.170.95-0.10.970.710.720.910.90.150.890.220.90.870.940.74
0.280.130.250.30.150.30.150.010.150.320.050.18-0.10.19-0.270.290.140.290.320.060.220.020.260.20.01
0.780.850.780.730.830.770.730.670.860.79-0.270.93-0.060.890.680.590.840.750.070.960.90.020.730.920.69
0.980.520.940.980.870.960.850.710.850.92-0.030.890.250.920.430.90.870.990.340.770.870.260.730.90.71
0.920.720.880.890.930.90.750.810.930.88-0.220.940.030.940.60.760.930.910.360.90.940.20.920.90.82
0.670.330.660.650.870.640.50.930.860.59-0.290.64-0.030.690.530.540.860.690.460.670.740.010.690.710.82
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Yindu Kitchen Account Relationship Matchups

Yindu Kitchen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.0B3.4B3.4B3.8B2.3B
Other Current Liab88.8M70.6M188.0M233.9M104.7M109.4M
Total Current Liabilities528.4M654.4M750.3M615.2M732.3M493.1M
Total Stockholder Equity2.0B2.3B2.3B2.5B2.8B1.7B
Other Liab51.9M43.7M78.3M105.1M120.9M126.9M
Retained Earnings875.8M1.1B1.1B1.2B1.2B752.1M
Accounts Payable179.4M225.0M300.1M195.0M206.0M193.2M
Cash271.1M302.6M335.7M873.6M1.4B1.5B
Other Assets47.0M31.8M80.4M93.7M107.7M113.1M
Net Receivables160.1M157.8M212.1M199.9M183.7M136.1M
Inventory474.2M527.9M1.0B933.8M840.7M519.8M
Other Current Assets25.7M34.7M76.3M61.2M27.4M26.1M
Total Liab580.3M698.2M1.1B910.5M1.0B605.8M
Intangible Assets2.3M69.4M67.5M66.0M77.0M39.1M
Common Stock410.1M410.1M420.2M420.6M483.7M333.5M
Property Plant Equipment512.4M578.2M849.2M1.0B1.2B1.2B
Net Tangible Assets2.0B2.2B2.2B2.5B2.8B1.8B
Other Stockholder Equity21.2M5.7M(23.8M)28.0M25.2M26.4M
Non Current Assets Total805.4M952.8M1.3B1.2B1.3B925.5M
Non Currrent Assets Other168.0M2.5M7.2M31.1M8.7M8.3M
Non Current Liabilities Total51.9M43.7M317.1M295.3M280.7M150.1M
Total Current Assets1.8B2.0B2.0B2.2B2.5B2.0B
Non Current Liabilities Other33.3M29.4M44.9M54.1M58.7M40.1M
Common Stock Shares Outstanding410.1M410.1M420.2M420.6M483.7M454.5M
Net Invested Capital2.2B2.5B2.4B2.6B3.0B2.5B
Short Long Term Debt170.5M244.6M68.2M58.5M157.6M131.5M
Net Working Capital1.3B1.4B1.3B1.6B1.8B1.6B
Capital Stock410.1M410.1M420.2M420.6M483.7M456.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Yindu Stock

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