Xingguang Deferred Long Term Liab vs Long Term Investments Analysis

603789 Stock   7.57  0.16  2.16%   
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 Deferred Long Term Liab and its Long Term Investments 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.

Deferred Long Term Liab vs Long Term Investments

Deferred Long Term Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingguang Agricultural Deferred Long Term Liab account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xingguang Agricultural's Deferred Long Term Liab and Long Term Investments is -0.7. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Investments 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 Deferred Long Term Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Xingguang Agricultural Mach are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Xingguang Agricultural's Deferred Long Term Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Long Term Investments

Long Term Investments is an item on the asset side of Xingguang Agricultural balance sheet that represents investments Xingguang Agricultural intends to hold for over a year. Xingguang Agricultural Mach long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 6.3 M, whereas Selling General Administrative is forecasted to decline to about 42.1 M.

Xingguang Agricultural fundamental ratios Correlations

0.030.560.67-0.090.23-0.810.570.820.810.560.570.840.850.940.61-0.5-0.620.67-0.050.090.27-0.51-0.30.370.62
0.030.33-0.19-0.210.24-0.090.220.170.060.280.290.090.11-0.040.01-0.19-0.170.22-0.28-0.02-0.18-0.4-0.280.090.17
0.560.33-0.21-0.690.68-0.720.760.60.860.140.990.660.730.460.63-0.85-0.750.88-0.62-0.39-0.16-0.69-0.690.670.87
0.67-0.19-0.210.59-0.3-0.29-0.090.440.170.61-0.210.390.320.660.130.21-0.03-0.020.560.550.580.080.35-0.3-0.07
-0.09-0.21-0.690.59-0.250.52-0.82-0.18-0.560.23-0.71-0.3-0.48-0.09-0.280.870.63-0.720.890.860.690.560.91-0.81-0.67
0.230.240.68-0.3-0.25-0.110.260.150.43-0.180.650.270.160.060.35-0.29-0.210.29-0.23-0.010.09-0.38-0.130.410.37
-0.81-0.09-0.72-0.290.52-0.11-0.83-0.8-0.9-0.46-0.74-0.86-0.94-0.86-0.570.850.84-0.920.420.370.090.570.71-0.54-0.83
0.570.220.76-0.09-0.820.26-0.830.520.810.110.780.680.810.60.4-0.94-0.790.88-0.7-0.71-0.49-0.65-0.90.790.78
0.820.170.60.44-0.180.15-0.80.520.690.640.590.830.820.840.8-0.52-0.830.77-0.240.060.25-0.59-0.420.310.75
0.810.060.860.17-0.560.43-0.90.810.690.320.890.820.910.740.58-0.86-0.780.9-0.46-0.36-0.02-0.6-0.640.640.88
0.560.280.140.610.23-0.18-0.460.110.640.320.120.320.390.610.31-0.07-0.320.310.090.440.28-0.24-0.06-0.190.35
0.570.290.99-0.21-0.710.65-0.740.780.590.890.120.670.760.480.62-0.87-0.750.9-0.63-0.42-0.17-0.72-0.720.720.89
0.840.090.660.39-0.30.27-0.860.680.830.820.320.670.920.840.58-0.66-0.80.79-0.2-0.230.23-0.47-0.450.430.71
0.850.110.730.32-0.480.16-0.940.810.820.910.390.760.920.840.61-0.82-0.870.92-0.42-0.370.01-0.59-0.650.560.85
0.94-0.040.460.66-0.090.06-0.860.60.840.740.610.480.840.840.57-0.51-0.670.68-0.070.010.21-0.47-0.360.320.61
0.610.010.630.13-0.280.35-0.570.40.80.580.310.620.580.610.57-0.45-0.730.66-0.430.030.11-0.65-0.340.490.74
-0.5-0.19-0.850.210.87-0.290.85-0.94-0.52-0.86-0.07-0.87-0.66-0.82-0.51-0.450.81-0.940.750.730.410.60.9-0.75-0.86
-0.62-0.17-0.75-0.030.63-0.210.84-0.79-0.83-0.78-0.32-0.75-0.8-0.87-0.67-0.730.81-0.920.670.440.090.680.74-0.63-0.91
0.670.220.88-0.02-0.720.29-0.920.880.770.90.310.90.790.920.680.66-0.94-0.92-0.66-0.51-0.22-0.71-0.840.680.95
-0.05-0.28-0.620.560.89-0.230.42-0.7-0.24-0.460.09-0.63-0.2-0.42-0.07-0.430.750.67-0.660.710.580.580.79-0.72-0.7
0.09-0.02-0.390.550.86-0.010.37-0.710.06-0.360.44-0.42-0.23-0.370.010.030.730.44-0.510.710.690.190.76-0.6-0.43
0.27-0.18-0.160.580.690.090.09-0.490.25-0.020.28-0.170.230.010.210.110.410.09-0.220.580.690.270.67-0.51-0.17
-0.51-0.4-0.690.080.56-0.380.57-0.65-0.59-0.6-0.24-0.72-0.47-0.59-0.47-0.650.60.68-0.710.580.190.270.69-0.81-0.7
-0.3-0.28-0.690.350.91-0.130.71-0.9-0.42-0.64-0.06-0.72-0.45-0.65-0.36-0.340.90.74-0.840.790.760.670.69-0.77-0.76
0.370.090.67-0.3-0.810.41-0.540.790.310.64-0.190.720.430.560.320.49-0.75-0.630.68-0.72-0.6-0.51-0.81-0.770.67
0.620.170.87-0.07-0.670.37-0.830.780.750.880.350.890.710.850.610.74-0.86-0.910.95-0.7-0.43-0.17-0.7-0.760.67
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Xingguang Agricultural Account Relationship Matchups

Xingguang Agricultural fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.3B1.1B1.3B1.5B1.4B
Other Current Liab45.0M272.4M4.5M60.8M70.0M66.9M
Total Current Liabilities453.8M613.5M519.1M697.5M802.1M449.4M
Total Stockholder Equity786.1M618.1M468.0M419.2M377.3M596.8M
Retained Earnings(28.9M)(185.1M)(403.1M)(458.8M)(412.9M)(392.3M)
Accounts Payable156.5M230.8M143.5M296.3M340.7M228.1M
Cash91.1M131.0M73.1M116.1M104.5M206.5M
Other Assets38.3M20.5M49.3M69.2M79.6M83.6M
Net Receivables499.5M409.8M257.2M231.7M266.5M265.6M
Inventory152.9M149.1M169.1M230.4M264.9M133.7M
Other Current Assets56.5M62.7M21.1M10.9M12.6M11.9M
Total Liab524.8M668.9M562.3M833.0M958.0M494.3M
Intangible Assets92.3M88.2M87.3M90.0M103.5M86.5M
Property Plant Equipment398.3M384.1M321.1M272.9M313.8M314.3M
Other Liab30.8M39.8M30.9M29.2M33.6M32.3M
Net Tangible Assets800.3M677.5M514.0M364.8M328.3M578.1M
Other Stockholder Equity14.8M16.5M18.1M18.8M21.6M15.5M
Deferred Long Term Liab9.2M8.4M9.7M3.9M3.5M3.4M
Total Current Assets820.0M759.9M529.7M678.3M610.5M644.2M
Non Current Assets Total581.1M571.9M546.0M618.3M556.5M504.1M
Non Currrent Assets Other1.7M1.2M21.1M352.8K317.5K301.6K
Non Current Liabilities Total71.0M55.4M43.1M135.5M155.9M163.7M
Non Current Liabilities Other6.3M6.3M5.2M4.7M4.3M6.1M
Net Invested Capital910.8M721.4M578.1M598.2M538.3M699.1M
Net Working Capital366.2M146.4M10.6M(19.2M)(17.2M)(16.4M)
Short Long Term Debt84.7M78.6M91.5M112.7M129.6M93.7M
Property Plant And Equipment Net384.2M321.1M272.9M373.3M336.0M280.0M
Long Term Debt40.1M24.7M18.6M66.3M76.2M80.1M
Property Plant And Equipment Gross594.1M566.9M541.5M636.0M731.4M641.7M

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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.