Xiwang Deferred Long Term Liab vs Total Current Liabilities Analysis

000639 Stock   4.15  0.17  4.27%   
Xiwang Foodstuffs financial indicator trend analysis is more than just analyzing Xiwang Foodstuffs current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiwang Foodstuffs is a good investment. Please check the relationship between Xiwang Foodstuffs Deferred Long Term Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiwang Foodstuffs 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.

Deferred Long Term Liab vs Total Current Liabilities

Deferred Long Term Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiwang Foodstuffs Deferred Long Term Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiwang Foodstuffs' Deferred Long Term Liab and Total Current Liabilities is -0.85. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Xiwang Foodstuffs Co, assuming nothing else is changed. The correlation between historical values of Xiwang Foodstuffs' Deferred Long Term Liab and Total Current Liabilities 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 Xiwang Foodstuffs Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Deferred Long Term Liab i.e., Xiwang Foodstuffs' Deferred Long Term Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Deferred Long Term Liab

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

Total Current Liabilities

Total Current Liabilities is an item on Xiwang Foodstuffs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xiwang Foodstuffs Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Xiwang Foodstuffs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiwang Foodstuffs 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 Xiwang Foodstuffs 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 November 29, 2024, Selling General Administrative is expected to decline to about 412.3 M. The current year's Tax Provision is expected to grow to about (32.4 M)
 2021 2023 2024 (projected)
Other Operating Expenses12.6M11.4M9.1M
Gross Profit1.4B1.1B1.5B

Xiwang Foodstuffs fundamental ratios Correlations

0.580.970.940.890.820.690.810.850.190.970.960.810.470.71-0.230.76-0.620.920.920.18-0.45-0.69-0.12-0.54-0.89
0.580.450.510.310.520.060.580.210.330.610.560.260.260.730.250.45-0.480.390.50.51-0.04-0.170.420.17-0.56
0.970.450.910.910.820.740.770.870.070.940.920.850.420.56-0.350.74-0.570.940.910.04-0.5-0.73-0.28-0.56-0.85
0.940.510.910.840.930.790.610.810.280.840.930.910.480.65-0.340.51-0.320.910.970.0-0.6-0.8-0.31-0.58-0.9
0.890.310.910.840.670.680.740.950.220.850.850.830.510.52-0.340.68-0.550.890.81-0.09-0.56-0.74-0.35-0.68-0.72
0.820.520.820.930.670.690.50.580.160.70.80.830.310.53-0.40.36-0.150.80.95-0.01-0.56-0.71-0.34-0.33-0.8
0.690.060.740.790.680.690.250.760.090.560.760.930.230.17-0.70.22-0.050.830.78-0.45-0.85-0.94-0.69-0.81-0.8
0.810.580.770.610.740.50.250.640.020.880.670.430.580.660.160.93-0.890.680.610.36-0.06-0.270.19-0.19-0.51
0.850.210.870.810.950.580.760.640.20.810.860.840.510.43-0.350.61-0.490.880.76-0.16-0.61-0.8-0.37-0.82-0.76
0.190.330.070.280.220.160.090.020.20.120.240.170.290.430.08-0.060.050.150.230.01-0.26-0.230.01-0.22-0.22
0.970.610.940.840.850.70.560.880.810.120.920.690.430.71-0.120.86-0.760.860.830.32-0.29-0.560.05-0.46-0.83
0.960.560.920.930.850.80.760.670.860.240.920.860.380.63-0.350.61-0.480.930.920.12-0.55-0.79-0.17-0.64-0.97
0.810.260.850.910.830.830.930.430.840.170.690.860.340.34-0.620.34-0.160.910.9-0.37-0.85-0.96-0.63-0.72-0.85
0.470.260.420.480.510.310.230.580.510.290.430.380.340.480.360.37-0.340.470.350.07-0.18-0.27-0.02-0.29-0.29
0.710.730.560.650.520.530.170.660.430.430.710.630.340.480.30.63-0.560.480.560.60.07-0.160.38-0.18-0.55
-0.230.25-0.35-0.34-0.34-0.4-0.70.16-0.350.08-0.12-0.35-0.620.360.30.12-0.27-0.48-0.470.60.730.690.770.540.39
0.760.450.740.510.680.360.220.930.61-0.060.860.610.340.370.630.12-0.960.60.510.430.07-0.160.25-0.24-0.45
-0.62-0.48-0.57-0.32-0.55-0.15-0.05-0.89-0.490.05-0.76-0.48-0.16-0.34-0.56-0.27-0.96-0.45-0.32-0.48-0.180.02-0.40.120.32
0.920.390.940.910.890.80.830.680.880.150.860.930.910.470.48-0.480.6-0.450.92-0.09-0.65-0.84-0.38-0.68-0.87
0.920.50.910.970.810.950.780.610.760.230.830.920.90.350.56-0.470.51-0.320.92-0.03-0.63-0.81-0.35-0.52-0.88
0.180.510.040.0-0.09-0.01-0.450.36-0.160.010.320.12-0.370.070.60.60.43-0.48-0.09-0.030.730.480.90.34-0.09
-0.45-0.04-0.5-0.6-0.56-0.56-0.85-0.06-0.61-0.26-0.29-0.55-0.85-0.180.070.730.07-0.18-0.65-0.630.730.930.820.640.59
-0.69-0.17-0.73-0.8-0.74-0.71-0.94-0.27-0.8-0.23-0.56-0.79-0.96-0.27-0.160.69-0.160.02-0.84-0.810.480.930.680.770.82
-0.120.42-0.28-0.31-0.35-0.34-0.690.19-0.370.010.05-0.17-0.63-0.020.380.770.25-0.4-0.38-0.350.90.820.680.510.19
-0.540.17-0.56-0.58-0.68-0.33-0.81-0.19-0.82-0.22-0.46-0.64-0.72-0.29-0.180.54-0.240.12-0.68-0.520.340.640.770.510.61
-0.89-0.56-0.85-0.9-0.72-0.8-0.8-0.51-0.76-0.22-0.83-0.97-0.85-0.29-0.550.39-0.450.32-0.87-0.88-0.090.590.820.190.61
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Xiwang Foodstuffs Account Relationship Matchups

Xiwang Foodstuffs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B7.7B7.7B7.1B7.2B7.5B
Other Current Liab622.7M409.3M270.1M19.7M22.3M21.1M
Total Current Liabilities2.4B2.0B2.0B2.0B2.7B2.8B
Total Stockholder Equity3.5B3.7B3.8B3.3B3.3B3.5B
Accounts Payable356.9M234.7M508.7M374.4M427.8M449.1M
Cash2.3B1.8B1.6B1.5B1.7B1.8B
Other Assets102.5M231.9M133.6M191.6M220.4M231.4M
Net Receivables402.9M236.4M283.2M316.7M321.2M190.3M
Inventory677.0M609.2M979.2M1.0B929.7M976.1M
Other Current Assets140.7M197.7M414.1M54.6M31.8M30.2M
Total Liab4.0B3.4B3.3B3.2B3.2B3.4B
Intangible Assets3.3B3.1B3.0B2.7B2.8B2.9B
Property Plant Equipment691.7M661.3M659.2M745.8M857.6M438.1M
Retained Earnings713.4M1.0B1.2B426.3M396.0M475.8M
Long Term Debt1.0B836.7M629.0M758.8M39.3M37.3M
Other Liab1.4B592.8M580.7M563.8M648.4M733.8M
Net Tangible Assets(988.0M)(192.9M)166.3M384.3M442.0M464.1M
Total Current Assets3.5B3.2B3.3B3.1B3.1B3.0B
Non Current Assets Total4.6B4.5B4.4B4.0B4.0B3.9B
Non Currrent Assets Other14.9M116.4M42.0M37.7M32.9M31.3M
Good Will387.1M362.7M354.4M145.0M147.5M140.1M
Non Current Liabilities Total1.6B1.4B1.2B1.2B551.0M523.5M
Other Stockholder Equity35.0M66.5M(64.6M)(111.4M)(100.3M)(95.2M)
Deferred Long Term Liab2.3M1.5M596.4K4.6M4.1M3.2M
Short Long Term Debt1.1B1.1B1.1B1.1B1.1B959.1M
Non Current Liabilities Other33.8K524.6K797.0K174.1K74.2M70.5M
Net Invested Capital5.7B5.6B5.5B5.2B4.4B4.4B
Net Working Capital1.1B1.2B1.3B1.1B432.5M410.9M

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Other Information on Investing in Xiwang Stock

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