Origin Net Debt vs Asset Turnover Analysis

SEED Stock  USD 2.70  0.13  5.06%   
Origin Agritech financial indicator trend analysis is much more than just breaking down Origin Agritech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Origin Agritech is a good investment. Please check the relationship between Origin Agritech Net Debt and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Origin Agritech Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Origin Agritech's Net Debt and Asset Turnover is -0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Origin Agritech, assuming nothing else is changed. The correlation between historical values of Origin Agritech's Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Origin Agritech are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Origin Agritech's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Origin Agritech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Origin Agritech 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.The current year's Tax Provision is expected to grow to about 195.6 K, whereas Selling General Administrative is forecasted to decline to about 15.5 M.

Origin Agritech fundamental ratios Correlations

0.890.930.480.750.75-0.590.920.99-0.130.85-0.060.35-0.150.76-0.370.71-0.480.980.080.97-0.360.720.970.30.96
0.890.720.390.640.64-0.270.980.930.10.8-0.240.08-0.030.64-0.30.44-0.270.830.070.88-0.080.70.810.210.77
0.930.720.350.750.75-0.70.750.91-0.260.820.090.33-0.250.63-0.490.87-0.690.910.050.89-0.370.590.930.280.92
0.480.390.35-0.04-0.04-0.360.450.43-0.280.12-0.050.420.030.910.060.19-0.050.540.020.58-0.570.860.560.480.53
0.750.640.75-0.041.0-0.420.660.77-0.330.920.030.28-0.060.38-0.590.61-0.330.67-0.150.68-0.130.320.65-0.120.69
0.750.640.75-0.041.0-0.420.660.77-0.330.920.030.28-0.060.38-0.590.61-0.330.67-0.150.68-0.130.320.65-0.120.69
-0.59-0.27-0.7-0.36-0.42-0.42-0.29-0.540.14-0.34-0.46-0.270.62-0.50.26-0.860.36-0.6-0.2-0.590.83-0.47-0.68-0.27-0.78
0.920.980.750.450.660.66-0.290.940.020.82-0.250.26-0.010.7-0.270.45-0.270.880.070.9-0.140.690.840.260.81
0.990.930.910.430.770.77-0.540.94-0.120.89-0.080.26-0.130.73-0.430.68-0.450.940.040.97-0.280.730.930.220.92
-0.130.1-0.26-0.28-0.33-0.330.140.02-0.12-0.32-0.06-0.41-0.28-0.390.47-0.190.16-0.140.52-0.190.19-0.25-0.190.15-0.15
0.850.80.820.120.920.92-0.340.820.89-0.32-0.070.220.020.5-0.630.61-0.410.76-0.180.83-0.030.470.76-0.080.74
-0.06-0.240.09-0.050.030.03-0.46-0.25-0.08-0.06-0.07-0.06-0.43-0.04-0.040.45-0.09-0.11-0.130.03-0.29-0.03-0.03-0.10.1
0.350.080.330.420.280.28-0.270.260.26-0.410.22-0.060.10.50.080.19-0.050.490.00.28-0.470.160.410.290.42
-0.15-0.03-0.250.03-0.06-0.060.62-0.01-0.13-0.280.02-0.430.10.010.2-0.560.04-0.13-0.66-0.150.48-0.04-0.19-0.17-0.31
0.760.640.630.910.380.38-0.50.70.73-0.390.5-0.040.50.01-0.20.43-0.190.78-0.050.82-0.580.930.790.40.78
-0.37-0.3-0.490.06-0.59-0.590.26-0.27-0.430.47-0.63-0.040.080.2-0.2-0.540.26-0.230.17-0.44-0.04-0.23-0.290.19-0.31
0.710.440.870.190.610.61-0.860.450.68-0.190.610.450.19-0.560.43-0.54-0.610.660.090.71-0.510.410.720.170.8
-0.48-0.27-0.69-0.05-0.33-0.330.36-0.27-0.450.16-0.41-0.09-0.050.04-0.190.26-0.61-0.49-0.05-0.43-0.03-0.19-0.5-0.22-0.43
0.980.830.910.540.670.67-0.60.880.94-0.140.76-0.110.49-0.130.78-0.230.66-0.490.140.92-0.440.70.980.430.96
0.080.070.050.02-0.15-0.15-0.20.070.040.52-0.18-0.130.0-0.66-0.050.170.09-0.050.140.01-0.23-0.040.110.370.14
0.970.880.890.580.680.68-0.590.90.97-0.190.830.030.28-0.150.82-0.440.71-0.430.920.01-0.360.820.930.270.93
-0.36-0.08-0.37-0.57-0.13-0.130.83-0.14-0.280.19-0.03-0.29-0.470.48-0.58-0.04-0.51-0.03-0.44-0.23-0.36-0.48-0.5-0.34-0.6
0.720.70.590.860.320.32-0.470.690.73-0.250.47-0.030.16-0.040.93-0.230.41-0.190.7-0.040.82-0.480.750.350.72
0.970.810.930.560.650.65-0.680.840.93-0.190.76-0.030.41-0.190.79-0.290.72-0.50.980.110.93-0.50.750.420.97
0.30.210.280.48-0.12-0.12-0.270.260.220.15-0.08-0.10.29-0.170.40.190.17-0.220.430.370.27-0.340.350.420.36
0.960.770.920.530.690.69-0.780.810.92-0.150.740.10.42-0.310.78-0.310.8-0.430.960.140.93-0.60.720.970.36
Click cells to compare fundamentals

Origin Agritech Account Relationship Matchups

Origin Agritech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.9M119.0M136.0M238.5M214.7M203.9M
Total Current Liabilities176.9M286.4M292.9M313.5M360.5M446.5M
Total Stockholder Equity(77.2M)(140.7M)(133.9M)(57.4M)(51.7M)(49.1M)
Net Debt118.4M125.4M121.6M(23.5M)(27.0M)(25.6M)
Cash22.5M15.4M17.7M23.7M21.3M20.3M
Cash And Short Term Investments22.5M15.4M17.7M23.7M21.3M20.3M
Common Stock Shares Outstanding3.1M5.0M5.6M6.6M7.5M7.9M
Liabilities And Stockholders Equity254.9M119.0M136.0M238.5M214.7M203.9M
Total Liab340.3M304.6M308.6M319.8M367.7M496.6M
Total Current Assets64.4M58.1M81.5M141.8M127.6M121.2M
Other Current Liab99.5M88.9M79.4M192.8M221.8M202.6M
Current Deferred Revenue66.4M46.8M61.4M114.8M132.0M143.4M
Other Assets1.2M8.0M48.0M83K74.7K71.0K
Non Current Liabilities Total163.4M18.3M15.7M6.3M5.7M5.4M
Other Stockholder Equity504.3M533.2M545.8M567.2M652.2M366.4M
Short Long Term Debt Total140.9M140.8M139.3M241K216.9K206.1K
Other Liab28.8M23.1M15.7M14.2M16.4M11.1M
Retained Earnings(559.1M)(650.6M)(656.9M)(601.6M)(541.4M)(514.3M)
Accounts Payable9.6M9.2M10.2M4.9M4.4M7.4M
Non Current Assets Total190.5M60.9M54.4M96.7M87.1M82.7M
Non Currrent Assets Other5.7M83K(54.4M)4.9M4.4M4.2M
Inventory13.6M4.2M2.1M13.0M11.7M11.1M
Other Current Assets2.9M9.2M24.1M74.0M66.6M69.9M
Short Term Debt559K138.2M137.8M113K101.7K96.6K
Intangible Assets14.4M5.6M4.8M3.3M2.9M2.8M
Property Plant Equipment149.1M117.7M50.6M47.9M55.1M83.4M
Property Plant And Equipment Net117.7M50.6M47.9M21.9M19.7M18.7M
Property Plant And Equipment Gross117.7M145.2M124.1M189.7M218.2M215.4M
Accumulated Other Comprehensive Income(22.4M)(23.2M)(22.8M)(23.0M)(20.7M)(19.7M)
Net Receivables25.4M29.4M28.7M31.0M35.7M33.5M
Net Tangible Assets(41.1M)(91.6M)(146.3M)(138.7M)(124.8M)(118.5M)
Long Term Investments10.4M4.6M1.7M66.6M76.6M80.5M
Capital Lease Obligations3.2M3.1M1.6M241K277.2K263.3K
Non Current Liabilities Other23.1M15.7M14.2M6.2M5.6M5.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Origin Agritech is a strong investment it is important to analyze Origin Agritech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Origin Agritech's future performance. For an informed investment choice regarding Origin Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Origin Agritech. If investors know Origin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Origin Agritech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.22
Revenue Per Share
18.071
Quarterly Revenue Growth
0.393
Return On Assets
(0.03)
Return On Equity
(3.72)
The market value of Origin Agritech is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Agritech's value that differs from its market value or its book value, called intrinsic value, which is Origin Agritech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Origin Agritech's market value can be influenced by many factors that don't directly affect Origin Agritech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Origin Agritech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Agritech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Agritech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.