603711 Stock | | | 17.36 0.96 5.85% |
Xiangpiaopiao Food financial indicator trend analysis is more than just analyzing Xiangpiaopiao Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangpiaopiao Food is a good investment. Please check the relationship between Xiangpiaopiao Food Change In Cash and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangpiaopiao Food 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiangpiaopiao Food Change In Cash account and
Change To Account Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Xiangpiaopiao Food's Change In Cash and Change To Account Receivables is 0.2. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Xiangpiaopiao Food Co, assuming nothing else is changed. The correlation between historical values of Xiangpiaopiao Food's Change In Cash and Change To Account Receivables 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 In Cash of Xiangpiaopiao Food Co are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change In Cash i.e., Xiangpiaopiao Food's Change In Cash and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Xiangpiaopiao Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangpiaopiao Food 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 Xiangpiaopiao Food 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 774.4
M. The current year's
Tax Provision is expected to grow to about 59.9
MBalance Sheet is a snapshot of the
financial position of Xiangpiaopiao Food at a specified time, usually calculated after every quarter, six months, or one year. Xiangpiaopiao Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiangpiaopiao Food 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 Xiangpiaopiao currently owns. An asset can also be divided into two categories, current and non-current.