Xiangyu Property Plant And Equipment Gross vs Other Current Liab Analysis
688626 Stock | 34.38 1.05 3.15% |
Xiangyu Medical financial indicator trend analysis is more than just analyzing Xiangyu Medical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangyu Medical is a good investment. Please check the relationship between Xiangyu Medical Property Plant And Equipment Gross and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangyu Medical 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 nation.
Property Plant And Equipment Gross vs Other Current Liab
Property Plant And Equipment Gross vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiangyu Medical Property Plant And Equipment Gross account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xiangyu Medical's Property Plant And Equipment Gross and Other Current Liab is -0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Xiangyu Medical Co, assuming nothing else is changed. The correlation between historical values of Xiangyu Medical's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Xiangyu Medical Co 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 Property Plant And Equipment Gross i.e., Xiangyu Medical's Property Plant And Equipment Gross and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Other Current Liab
Most indicators from Xiangyu Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangyu Medical 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 Xiangyu Medical 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 nation. As of December 11, 2024, Tax Provision is expected to decline to about 15 M. In addition to that, Selling General Administrative is expected to decline to about 143 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 24.0M | 26.6M | 29.8M | 21.5M | Tax Provision | 23.2M | 9.7M | 15.7M | 15.0M |
Xiangyu Medical fundamental ratios Correlations
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Xiangyu Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Xiangyu Stock
Balance Sheet is a snapshot of the financial position of Xiangyu Medical at a specified time, usually calculated after every quarter, six months, or one year. Xiangyu Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiangyu Medical 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 Xiangyu currently owns. An asset can also be divided into two categories, current and non-current.