Xian Non Currrent Assets Other vs Non Current Assets Total Analysis

000516 Stock   5.69  0.07  1.22%   
Xian International financial indicator trend analysis is more than just analyzing Xian International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian International is a good investment. Please check the relationship between Xian International Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xian International Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xian International's Non Currrent Assets Other and Non Current Assets Total is 0.77. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Xian International Medical, assuming nothing else is changed. The correlation between historical values of Xian International's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Xian International Medical are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Xian International's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Xian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian International 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 Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 208.2 M, whereas Tax Provision is forecasted to decline to about 4.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.6B3.6B4.9B3.5B
Research Development12.8M15.5M9.8M7.5M

Xian International fundamental ratios Correlations

0.950.060.810.840.970.850.40.950.050.990.750.490.210.710.730.060.240.940.580.410.950.890.690.670.94
0.95-0.020.830.650.990.950.20.99-0.160.970.640.50.010.740.7-0.170.140.980.360.470.860.760.80.660.98
0.06-0.020.43-0.14-0.02-0.04-0.270.00.08-0.03-0.190.230.04-0.180.1-0.110.090.160.460.180.01-0.02-0.340.65-0.06
0.810.830.430.420.790.75-0.140.860.00.770.280.720.080.390.73-0.270.280.910.520.750.760.660.660.840.74
0.840.65-0.140.420.720.490.760.660.340.790.850.240.470.580.550.440.310.610.670.120.870.880.420.350.68
0.970.99-0.020.790.720.950.310.98-0.150.990.730.470.020.760.69-0.070.10.970.390.390.880.80.760.640.99
0.850.95-0.040.750.490.950.110.95-0.440.910.60.47-0.280.720.54-0.19-0.030.930.140.350.720.610.740.640.96
0.40.2-0.27-0.140.760.310.110.190.250.380.82-0.340.380.560.10.58-0.110.120.39-0.440.380.46-0.07-0.080.31
0.950.990.00.860.660.980.950.19-0.160.970.630.57-0.010.70.7-0.110.150.980.380.510.880.790.80.680.96
0.05-0.160.080.00.34-0.15-0.440.25-0.16-0.09-0.04-0.080.97-0.140.350.110.5-0.130.670.230.220.26-0.05-0.16-0.22
0.990.97-0.030.770.790.990.910.380.97-0.090.770.470.080.750.690.020.150.950.440.370.910.850.740.630.98
0.750.64-0.190.280.850.730.60.820.63-0.040.770.070.140.790.420.35-0.110.570.4-0.20.670.710.310.30.73
0.490.50.230.720.240.470.47-0.340.57-0.080.470.07-0.1-0.060.51-0.140.350.570.220.740.590.550.520.590.39
0.210.010.040.080.470.02-0.280.38-0.010.970.080.14-0.10.090.460.070.450.020.740.230.350.370.05-0.08-0.04
0.710.74-0.180.390.580.760.720.560.7-0.140.750.79-0.060.090.45-0.16-0.240.670.27-0.010.570.480.420.340.8
0.730.70.10.730.550.690.540.10.70.350.690.420.510.460.45-0.310.330.720.590.610.720.690.70.450.63
0.06-0.17-0.11-0.270.44-0.07-0.190.58-0.110.110.020.35-0.140.07-0.16-0.310.22-0.190.21-0.390.120.2-0.28-0.1-0.1
0.240.140.090.280.310.1-0.03-0.110.150.50.15-0.110.350.45-0.240.330.220.170.490.430.410.220.250.20.06
0.940.980.160.910.610.970.930.120.98-0.130.950.570.570.020.670.72-0.190.170.440.540.850.750.750.760.95
0.580.360.460.520.670.390.140.390.380.670.440.40.220.740.270.590.210.490.440.310.650.620.080.560.33
0.410.470.180.750.120.390.35-0.440.510.230.37-0.20.740.23-0.010.61-0.390.430.540.310.510.420.640.440.3
0.950.860.010.760.870.880.720.380.880.220.910.670.590.350.570.720.120.410.850.650.510.930.660.620.83
0.890.76-0.020.660.880.80.610.460.790.260.850.710.550.370.480.690.20.220.750.620.420.930.60.510.74
0.690.8-0.340.660.420.760.74-0.070.8-0.050.740.310.520.050.420.7-0.280.250.750.080.640.660.60.250.73
0.670.660.650.840.350.640.64-0.080.68-0.160.630.30.59-0.080.340.45-0.10.20.760.560.440.620.510.250.62
0.940.98-0.060.740.680.990.960.310.96-0.220.980.730.39-0.040.80.63-0.10.060.950.330.30.830.740.730.62
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Xian International Account Relationship Matchups

Xian International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B12.1B13.3B13.3B11.3B11.9B
Short Long Term Debt Total3.4B4.6B5.1B4.5B4.7B4.9B
Other Current Liab92.7M292.2K312.0K2.4B323.7K307.5K
Total Current Liabilities1.9B3.1B3.5B5.5B4.1B4.3B
Total Stockholder Equity5.0B5.0B5.3B4.3B3.9B4.1B
Property Plant And Equipment Net7.0B8.5B9.4B8.1B8.1B8.5B
Net Debt2.3B3.6B3.6B3.3B3.7B3.9B
Retained Earnings2.6B2.6B1.8B642.5M274.1M260.4M
Accounts Payable1.3B2.1B2.1B2.0B2.1B2.2B
Cash1.1B1.0B1.5B1.2B944.0M782.4M
Non Current Assets Total8.4B9.8B11.0B9.6B9.4B9.9B
Non Currrent Assets Other779.2M822.5M707.4M444.3M429.1M214.9M
Cash And Short Term Investments1.4B1.6B1.8B1.3B1.1B851.8M
Short Term Investments302.5M517.7M294.9M159.5M136.4M93.2M
Liabilities And Stockholders Equity10.0B12.1B13.3B13.3B11.3B11.9B
Inventory52.7M57.4M84.1M69.2M78.3M49.3M
Other Current Assets12.3M14.5M24.0M20.9M41.1M28.8M
Total Liab5.0B7.1B8.0B9.0B7.5B7.9B
Total Current Assets1.6B2.3B2.3B3.7B1.9B1.2B
Short Term Debt255.8M715.6M645.8M994.0M1.3B1.4B
Intangible Assets605.5M689.6M690.5M775.8M747.0M784.4M
Current Deferred Revenue238.6M372.3M750.7M178.9M697.7M732.6M
Net Receivables167.5M711.1M408.3M2.3B713.0M748.7M
Non Current Liabilities Total3.2B4.0B4.5B3.5B3.4B3.6B
Other Liab2.4M13.7M44.3M40.9M47.1M49.4M
Long Term Debt3.2B3.9B4.5B3.5B3.4B3.5B
Property Plant Equipment7.0B8.5B9.4B8.1B9.4B9.8B
Net Tangible Assets5.2B4.4B4.3B4.6B5.3B4.3B
Deferred Long Term Liab21.6M23.6M46.0M57.0M65.5M68.8M
Short Long Term Debt199.8M410.3M225.8M549.1M604.5M461.9M
Non Current Liabilities Other2.3M5.5M8.5M4.5M7.6M4.2M
Net Invested Capital8.3B9.3B10.0B8.3B7.9B8.6B
Net Working Capital(245.4M)(803.5M)(1.2B)(1.8B)(2.2B)(2.1B)

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Other Information on Investing in Xian Stock

Balance Sheet is a snapshot of the financial position of Xian International at a specified time, usually calculated after every quarter, six months, or one year. Xian International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xian International 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 Xian currently owns. An asset can also be divided into two categories, current and non-current.