Xiangyu Property Plant And Equipment Net vs Short Term Investments 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 Net and its Short Term Investments 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 Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments 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 Net account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiangyu Medical's Property Plant And Equipment Net and Short Term Investments is -0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Net and Short 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 Property Plant And Equipment Net of Xiangyu Medical Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Xiangyu Medical's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Xiangyu Medical balance sheet. It contains any investments Xiangyu Medical Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Xiangyu Medical can easily liquidate in the marketplace.
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 Income24.0M26.6M29.8M21.5M
Tax Provision23.2M9.7M15.7M15.0M

Xiangyu Medical fundamental ratios Correlations

-0.830.91.00.970.880.950.840.230.940.980.930.90.870.921.00.940.980.890.990.840.85-0.96-0.64-0.54
-0.83-0.74-0.84-0.89-0.59-0.89-0.71-0.2-0.89-0.77-0.73-0.61-0.71-0.75-0.85-0.81-0.77-0.77-0.81-0.61-0.610.790.520.48
0.9-0.740.870.930.960.760.860.390.840.890.950.960.931.00.880.750.890.650.840.920.93-0.79-0.7-0.58
1.0-0.840.870.960.850.960.820.20.930.980.910.870.840.891.00.950.980.911.00.810.82-0.97-0.62-0.52
0.97-0.890.930.960.870.90.880.350.970.960.960.890.890.940.970.860.960.790.940.890.89-0.88-0.71-0.59
0.88-0.590.960.850.870.710.820.340.770.890.940.990.890.970.860.730.890.640.840.930.93-0.79-0.67-0.52
0.95-0.890.760.960.90.710.730.070.890.90.790.730.750.770.960.980.90.970.970.650.65-0.97-0.5-0.47
0.84-0.710.860.820.880.820.730.710.860.880.90.870.980.880.820.670.880.590.790.90.9-0.74-0.95-0.9
0.23-0.20.390.20.350.340.070.710.410.360.470.420.610.410.2-0.040.36-0.130.140.60.6-0.06-0.89-0.85
0.94-0.890.840.930.970.770.890.860.410.950.920.810.840.870.940.810.950.750.910.860.86-0.84-0.74-0.61
0.98-0.770.890.980.960.890.90.880.360.950.960.920.890.920.980.881.00.820.970.90.91-0.92-0.74-0.61
0.93-0.730.950.910.960.940.790.90.470.920.960.960.920.970.920.750.960.660.890.980.98-0.81-0.79-0.62
0.9-0.610.960.870.890.990.730.870.420.810.920.960.930.970.870.740.920.650.860.950.95-0.81-0.74-0.61
0.87-0.710.930.840.890.890.750.980.610.840.890.920.930.930.850.720.890.630.820.910.91-0.79-0.89-0.84
0.92-0.751.00.890.940.970.770.880.410.870.920.970.970.930.890.750.920.660.860.940.95-0.8-0.73-0.59
1.0-0.850.881.00.970.860.960.820.20.940.980.920.870.850.890.950.980.911.00.820.82-0.97-0.62-0.53
0.94-0.810.750.950.860.730.980.67-0.040.810.880.750.740.720.750.950.880.990.970.610.62-0.99-0.42-0.4
0.98-0.770.890.980.960.890.90.880.360.951.00.960.920.890.920.980.880.820.970.90.91-0.92-0.74-0.61
0.89-0.770.650.910.790.640.970.59-0.130.750.820.660.650.630.660.910.990.820.930.50.51-0.97-0.33-0.33
0.99-0.810.841.00.940.840.970.790.140.910.970.890.860.820.861.00.970.970.930.780.79-0.98-0.58-0.49
0.84-0.610.920.810.890.930.650.90.60.860.90.980.950.910.940.820.610.90.50.781.0-0.68-0.84-0.66
0.85-0.610.930.820.890.930.650.90.60.860.910.980.950.910.950.820.620.910.510.791.0-0.69-0.85-0.67
-0.960.79-0.79-0.97-0.88-0.79-0.97-0.74-0.06-0.84-0.92-0.81-0.81-0.79-0.8-0.97-0.99-0.92-0.97-0.98-0.68-0.690.510.48
-0.640.52-0.7-0.62-0.71-0.67-0.5-0.95-0.89-0.74-0.74-0.79-0.74-0.89-0.73-0.62-0.42-0.74-0.33-0.58-0.84-0.850.510.94
-0.540.48-0.58-0.52-0.59-0.52-0.47-0.9-0.85-0.61-0.61-0.62-0.61-0.84-0.59-0.53-0.4-0.61-0.33-0.49-0.66-0.670.480.94
Click cells to compare fundamentals

Xiangyu Medical Account Relationship Matchups

Currently Active Assets on Macroaxis

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.