Jiangsu Accounts Payable vs Other Current Liab Analysis

603787 Stock   10.88  0.05  0.46%   
Jiangsu Xinri financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinri E recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinri E is a good investment. Please check the relationship between Jiangsu Xinri Accounts Payable and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Xinri E Vehicle. 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.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Xinri E Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jiangsu Xinri's Accounts Payable and Other Current Liab is 0.24. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Jiangsu Xinri E Vehicle, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinri's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jiangsu Xinri E Vehicle are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Jiangsu Xinri's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Jiangsu Xinri obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jiangsu Xinri E are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from Jiangsu Xinri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinri E 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 Jiangsu Xinri E Vehicle. 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 Tax Provision is expected to grow to about 7.2 M. The current year's Selling General Administrative is expected to grow to about 316.1 M
 2021 2022 2023 2024 (projected)
Interest Income35.7M37.3M39.1M26.6M
Net Interest Income34.4M35.7M37.7M25.1M

Jiangsu Xinri fundamental ratios Correlations

0.270.970.92-0.890.890.930.940.750.920.750.880.83-0.820.850.660.970.710.960.870.850.90.550.85-0.890.54
0.270.310.18-0.260.280.460.240.420.15-0.17-0.050.37-0.420.520.720.31-0.210.340.410.220.16-0.55-0.13-0.23-0.55
0.970.310.82-0.840.780.890.990.850.870.710.840.75-0.80.890.731.00.650.960.830.730.850.450.76-0.860.45
0.920.180.82-0.870.970.90.750.50.90.720.830.88-0.760.670.480.810.730.850.830.960.870.650.89-0.830.65
-0.89-0.26-0.84-0.87-0.78-0.88-0.79-0.57-0.95-0.66-0.85-0.920.95-0.62-0.66-0.84-0.74-0.76-0.97-0.79-0.91-0.57-0.830.97-0.57
0.890.280.780.97-0.780.910.710.490.810.640.760.82-0.70.730.480.780.660.860.770.980.790.530.79-0.750.53
0.930.460.890.9-0.880.910.820.720.860.60.830.83-0.880.850.680.890.70.90.90.870.830.430.74-0.890.43
0.940.240.990.75-0.790.710.820.860.830.690.810.66-0.740.860.70.990.620.930.770.650.810.430.72-0.820.42
0.750.420.850.5-0.570.490.720.860.550.520.580.44-0.630.910.750.850.360.830.650.430.510.140.42-0.60.14
0.920.150.870.9-0.950.810.860.830.550.650.890.85-0.820.610.510.870.820.780.870.780.990.640.93-0.930.64
0.75-0.170.710.72-0.660.640.60.690.520.650.770.7-0.570.60.390.710.610.740.610.690.570.80.75-0.640.8
0.88-0.050.840.83-0.850.760.830.810.580.890.770.72-0.770.660.360.840.950.780.740.730.860.790.89-0.920.79
0.830.370.750.88-0.920.820.830.660.440.850.70.72-0.860.610.660.750.590.730.90.850.810.520.76-0.840.51
-0.82-0.42-0.8-0.760.95-0.7-0.88-0.74-0.63-0.82-0.57-0.77-0.86-0.68-0.77-0.8-0.63-0.74-0.97-0.73-0.76-0.4-0.630.94-0.4
0.850.520.890.67-0.620.730.850.860.910.610.60.660.61-0.680.760.890.430.940.690.660.580.20.49-0.660.2
0.660.720.730.48-0.660.480.680.70.750.510.390.360.66-0.770.760.720.080.710.790.490.47-0.10.26-0.6-0.11
0.970.311.00.81-0.840.780.890.990.850.870.710.840.75-0.80.890.720.650.960.830.730.850.450.76-0.860.45
0.71-0.210.650.73-0.740.660.70.620.360.820.610.950.59-0.630.430.080.650.570.580.620.810.830.86-0.830.83
0.960.340.960.85-0.760.860.90.930.830.780.740.780.73-0.740.940.710.960.570.790.820.740.430.7-0.770.42
0.870.410.830.83-0.970.770.90.770.650.870.610.740.9-0.970.690.790.830.580.790.790.810.420.71-0.910.42
0.850.220.730.96-0.790.980.870.650.430.780.690.730.85-0.730.660.490.730.620.820.790.730.580.76-0.750.57
0.90.160.850.87-0.910.790.830.810.510.990.570.860.81-0.760.580.470.850.810.740.810.730.590.92-0.90.59
0.55-0.550.450.65-0.570.530.430.430.140.640.80.790.52-0.40.2-0.10.450.830.430.420.580.590.83-0.591.0
0.85-0.130.760.89-0.830.790.740.720.420.930.750.890.76-0.630.490.260.760.860.70.710.760.920.83-0.80.83
-0.89-0.23-0.86-0.830.97-0.75-0.89-0.82-0.6-0.93-0.64-0.92-0.840.94-0.66-0.6-0.86-0.83-0.77-0.91-0.75-0.9-0.59-0.8-0.59
0.54-0.550.450.65-0.570.530.430.420.140.640.80.790.51-0.40.2-0.110.450.830.420.420.570.591.00.83-0.59
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Jiangsu Xinri Account Relationship Matchups

Jiangsu Xinri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B3.2B2.8B3.3B3.6B2.8B
Other Current Liab245.9M320.9M338.8M414.9M4.3M4.1M
Total Current Liabilities832.1M2.2B1.8B2.1B2.0B1.6B
Total Stockholder Equity963.5M1.0B1.0B1.2B1.5B1.1B
Other Liab23.6M24.3M14.9M15.5M14.0M18.8M
Net Tangible Assets742.1M830.3M691.9M888.4M1.0B805.0M
Retained Earnings536.9M614.5M574.9M726.9M615.3M607.6M
Accounts Payable553.7M1.8B1.4B1.7B1.6B1.3B
Cash866.0M1.9B1.2B1.4B969.5M1.1B
Non Current Assets Total603.8M747.5M988.9M1.3B1.6B906.2M
Non Currrent Assets Other54.7K36.0M26.9M2.0M45.4M47.7M
Other Assets12.8M70.6M61.5M131.7M151.5M159.1M
Net Receivables167.9M178.8M312.0M232.4M316.4M224.4M
Non Current Liabilities Total23.6M24.3M15.1M16.6M21.8M18.7M
Inventory135.4M311.3M196.6M252.9M175.1M207.6M
Other Current Assets47.2M111.8M145.1M87.3M34.2M32.5M
Total Liab855.7M2.2B1.8B2.2B2.1B1.6B
Deferred Long Term Liab1.5M681.2K486.0K70.4M80.9M85.0M
Total Current Assets1.2B2.5B1.8B2.0B2.0B1.8B
Intangible Assets221.4M209.9M309.1M266.9M258.6M227.1M
Property Plant Equipment347.8M444.8M569.1M847.9M975.1M492.2M
Net Invested Capital963.5M1.0B1.0B1.2B1.5B1.2B
Net Working Capital384.4M321.5M30.2M(116.2M)3.5M3.3M

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Other Information on Investing in Jiangsu Stock

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