Xingguang Change To Netincome vs End Period Cash Flow Analysis
603789 Stock | 10.08 0.56 5.26% |
Xingguang Agricultural financial indicator trend analysis is more than just analyzing Xingguang Agricultural current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xingguang Agricultural is a good investment. Please check the relationship between Xingguang Agricultural Change To Netincome and its End Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xingguang Agricultural Mach. 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 Netincome vs End Period Cash Flow
Change To Netincome vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingguang Agricultural Change To Netincome account and End Period Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Xingguang Agricultural's Change To Netincome and End Period Cash Flow is -0.9. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Xingguang Agricultural Mach, assuming nothing else is changed. The correlation between historical values of Xingguang Agricultural's Change To Netincome and End Period Cash Flow 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 Netincome of Xingguang Agricultural Mach are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change To Netincome i.e., Xingguang Agricultural's Change To Netincome and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Change To Netincome
End Period Cash Flow
Most indicators from Xingguang Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xingguang Agricultural 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 Xingguang Agricultural Mach. 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 M, whereas Selling General Administrative is forecasted to decline to about 43.4 M.
Xingguang Agricultural fundamental ratios Correlations
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Xingguang Agricultural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xingguang Agricultural fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.4B | 1.3B | 1.1B | 1.3B | 1.4B | |
Other Current Liab | 44.9M | 45.0M | 272.4M | 4.5M | 60.8M | 66.9M | |
Total Current Liabilities | 555.3M | 453.8M | 613.5M | 519.1M | 697.5M | 449.4M | |
Total Stockholder Equity | 1.0B | 786.1M | 618.1M | 468.0M | 419.2M | 596.8M | |
Retained Earnings | 248.6M | (28.9M) | (185.1M) | (403.1M) | (458.8M) | (435.9M) | |
Accounts Payable | 245.5M | 156.5M | 230.8M | 143.5M | 296.3M | 228.1M | |
Cash | 163.2M | 91.1M | 131.0M | 73.1M | 116.1M | 206.5M | |
Other Assets | 38.3M | 20.5M | 49.3M | 69.2M | 79.6M | 83.6M | |
Net Receivables | 636.0M | 499.5M | 409.8M | 257.2M | 231.7M | 265.6M | |
Inventory | 160.8M | 152.9M | 149.1M | 169.1M | 230.4M | 133.7M | |
Other Current Assets | 51.7M | 56.5M | 62.7M | 21.1M | 10.9M | 10.4M | |
Total Liab | 605.1M | 524.8M | 668.9M | 562.3M | 833.0M | 494.3M | |
Intangible Assets | 97.3M | 92.3M | 88.2M | 87.3M | 90.0M | 86.5M | |
Property Plant Equipment | 398.3M | 384.1M | 321.1M | 272.9M | 313.8M | 314.3M | |
Other Liab | 30.8M | 39.8M | 30.9M | 29.2M | 33.6M | 32.3M | |
Net Tangible Assets | 800.3M | 677.5M | 514.0M | 364.8M | 328.3M | 578.1M | |
Other Stockholder Equity | 14.8M | 16.5M | 18.1M | 18.8M | 21.6M | 15.5M | |
Deferred Long Term Liab | 9.2M | 8.4M | 9.7M | 3.9M | 3.5M | 3.4M | |
Total Current Assets | 1.0B | 820.0M | 759.9M | 529.7M | 678.3M | 644.2M | |
Non Current Assets Total | 702.5M | 581.1M | 571.9M | 546.0M | 618.3M | 504.1M | |
Non Currrent Assets Other | 3.6M | 1.7M | 1.2M | 21.1M | 352.8K | 335.1K | |
Non Current Liabilities Total | 49.8M | 71.0M | 55.4M | 43.1M | 135.5M | 142.3M | |
Non Current Liabilities Other | 10.9M | 6.3M | 6.3M | 5.2M | 4.7M | 6.1M | |
Net Invested Capital | 1.2B | 910.8M | 721.4M | 578.1M | 598.2M | 699.1M | |
Net Working Capital | 461.5M | 366.2M | 146.4M | 10.6M | (19.2M) | (18.2M) | |
Short Long Term Debt | 98.4M | 84.7M | 78.6M | 91.5M | 112.7M | 93.7M |
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Other Information on Investing in Xingguang Stock
Balance Sheet is a snapshot of the financial position of Xingguang Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Xingguang Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xingguang Agricultural 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 Xingguang currently owns. An asset can also be divided into two categories, current and non-current.