Shanxi Accounts Payable vs Short Long Term Debt Analysis

000983 Stock   7.41  0.04  0.54%   
Shanxi Xishan financial indicator trend analysis is much more than just breaking down Shanxi Xishan Coal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanxi Xishan Coal is a good investment. Please check the relationship between Shanxi Xishan Accounts Payable and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanxi Xishan Coal. 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.

Accounts Payable vs Short Long Term Debt

Accounts Payable vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanxi Xishan Coal Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanxi Xishan's Accounts Payable and Short Long Term Debt is -0.21. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Shanxi Xishan Coal, assuming nothing else is changed. The correlation between historical values of Shanxi Xishan's Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Shanxi Xishan Coal are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Shanxi Xishan's Accounts Payable and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Shanxi Xishan obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shanxi Xishan Coal are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Shanxi Xishan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanxi Xishan Coal 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 Shanxi Xishan Coal. 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.
The current year's Selling General Administrative is expected to grow to about 2.2 B, whereas Tax Provision is forecasted to decline to about 2 B.
 2022 2023 2024 2025 (projected)
Operating Income19.1B12.4B14.2B15.0B
Total Revenue65.2B55.5B63.9B67.0B

Shanxi Xishan fundamental ratios Correlations

-0.10.650.970.990.920.890.09-0.24-0.580.170.420.950.290.70.97-0.150.91-0.81-0.490.670.710.77-0.410.770.52
-0.10.41-0.28-0.170.08-0.330.210.05-0.320.370.490.120.670.34-0.020.05-0.17-0.04-0.32-0.270.12-0.020.3-0.29-0.31
0.650.410.460.610.810.30.41-0.05-0.710.650.510.820.610.90.760.090.47-0.69-0.410.310.680.75-0.010.420.34
0.97-0.280.460.970.820.97-0.06-0.3-0.45-0.020.360.830.110.590.89-0.220.93-0.75-0.410.760.640.69-0.550.830.46
0.99-0.170.610.970.910.90.07-0.26-0.520.150.390.920.310.660.95-0.190.92-0.82-0.410.70.720.78-0.470.80.52
0.920.080.810.820.910.680.23-0.22-0.640.430.480.980.440.760.97-0.110.81-0.87-0.570.450.80.84-0.210.560.52
0.89-0.330.30.970.90.68-0.25-0.41-0.27-0.230.30.70.060.470.76-0.390.93-0.7-0.380.830.590.62-0.630.870.37
0.090.210.41-0.060.070.23-0.250.82-0.720.770.040.290.160.310.280.7-0.270.180.29-0.34-0.13-0.010.39-0.240.24
-0.240.05-0.05-0.3-0.26-0.22-0.410.82-0.460.51-0.15-0.13-0.19-0.1-0.110.77-0.570.60.6-0.51-0.56-0.440.45-0.440.11
-0.58-0.32-0.71-0.45-0.52-0.64-0.27-0.72-0.46-0.74-0.56-0.69-0.24-0.77-0.7-0.44-0.230.270.13-0.1-0.25-0.30.0-0.17-0.25
0.170.370.65-0.020.150.43-0.230.770.51-0.740.420.420.340.520.380.44-0.14-0.140.04-0.320.110.240.33-0.230.31
0.420.490.510.360.390.480.30.04-0.15-0.560.420.460.450.670.43-0.120.33-0.46-0.290.280.360.3-0.410.21-0.1
0.950.120.820.830.920.980.70.29-0.13-0.690.420.460.470.780.98-0.040.8-0.82-0.540.470.740.81-0.190.60.55
0.290.670.610.110.310.440.060.16-0.19-0.240.340.450.470.430.34-0.20.3-0.5-0.340.10.490.470.040.170.09
0.70.340.90.590.660.760.470.31-0.1-0.770.520.670.780.430.750.050.53-0.65-0.390.530.60.64-0.310.560.18
0.97-0.020.760.890.950.970.760.28-0.11-0.70.380.430.980.340.75-0.010.82-0.79-0.470.520.720.78-0.260.630.55
-0.150.050.09-0.22-0.19-0.11-0.390.70.77-0.440.44-0.12-0.04-0.20.05-0.01-0.480.50.38-0.37-0.43-0.410.28-0.38-0.08
0.91-0.170.470.930.920.810.93-0.27-0.57-0.23-0.140.330.80.30.530.82-0.48-0.89-0.580.770.790.8-0.520.830.42
-0.81-0.04-0.69-0.75-0.82-0.87-0.70.180.60.27-0.14-0.46-0.82-0.5-0.65-0.790.5-0.890.61-0.6-0.92-0.940.36-0.68-0.44
-0.49-0.32-0.41-0.41-0.41-0.57-0.380.290.60.130.04-0.29-0.54-0.34-0.39-0.470.38-0.580.61-0.2-0.54-0.5-0.06-0.22-0.18
0.67-0.270.310.760.70.450.83-0.34-0.51-0.1-0.320.280.470.10.530.52-0.370.77-0.6-0.20.550.54-0.820.950.05
0.710.120.680.640.720.80.59-0.13-0.56-0.250.110.360.740.490.60.72-0.430.79-0.92-0.540.550.87-0.310.610.23
0.77-0.020.750.690.780.840.62-0.01-0.44-0.30.240.30.810.470.640.78-0.410.8-0.94-0.50.540.87-0.180.680.62
-0.410.3-0.01-0.55-0.47-0.21-0.630.390.450.00.33-0.41-0.190.04-0.31-0.260.28-0.520.36-0.06-0.82-0.31-0.18-0.660.27
0.77-0.290.420.830.80.560.87-0.24-0.44-0.17-0.230.210.60.170.560.63-0.380.83-0.68-0.220.950.610.68-0.660.3
0.52-0.310.340.460.520.520.370.240.11-0.250.31-0.10.550.090.180.55-0.080.42-0.44-0.180.050.230.620.270.3
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Shanxi Xishan Account Relationship Matchups

Shanxi Xishan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets70.6B70.5B95.7B93.6B107.6B113.0B
Other Current Liab10.8B6.1B8.2B267.1M307.2M291.8M
Total Current Liabilities32.6B28.1B29.3B24.8B28.6B15.0B
Total Stockholder Equity18.7B22.6B33.0B37.6B43.3B45.4B
Retained Earnings13.5B17.3B24.0B22.5B25.9B27.2B
Accounts Payable15.5B15.7B14.8B14.4B16.5B17.4B
Cash5.0B6.9B17.6B20.0B23.0B24.1B
Long Term Debt8.0B8.1B8.8B6.4B7.4B7.3B
Net Receivables1.9B2.0B3.7B2.0B2.3B4.2B
Short Term Investments1.1M671.2K15.7K3.1K2.8K2.6K
Inventory2.7B3.7B2.2B1.9B2.2B1.8B
Other Current Assets714.2M1.4B978.1M674.2M775.3M675.3M
Total Liab48.9B44.5B52.7B45.4B52.2B54.8B
Intangible Assets12.5B12.2B21.7B1.1B1.2B1.2B
Property Plant Equipment37.6B37.5B37.3B41.3B47.5B49.8B
Other Assets1.8B1.3B1.1B1.0B1.2B1.4B
Other Liab6.7B8.3B8.0B14.4B16.6B17.4B
Good Will794.0M593.0M766.3M716.7M645.0M871.8M
Net Tangible Assets12.1B5.4B9.8B10.6B9.5B8.5B
Other Stockholder Equity841.7M767.1M856.1M1.1B1.3B919.9M
Deferred Long Term Liab135.4M115.1M100.2M100.6M115.7M74.0M
Short Long Term Debt4.9B1.9B1.7B1.4B1.3B2.6B
Total Current Assets15.1B15.5B26.8B26.8B30.8B20.0B
Non Current Assets Total55.5B55.0B68.9B66.8B76.9B58.5B
Non Currrent Assets Other378.3M229.7M135.5M351.6M316.4M300.6M
Non Current Liabilities Total16.3B16.4B23.3B20.5B23.6B19.1B
Non Current Liabilities Other1.7B1.8B2.2B2.2B1.9B1.8B
Net Debt11.1B8.7B8.0B3.1B2.8B2.7B
Net Invested Capital31.7B32.6B43.6B45.5B52.3B41.0B
Net Working Capital(17.4B)(12.5B)(2.5B)1.9B2.2B2.3B
Property Plant And Equipment Net37.5B37.3B41.3B59.9B68.8B46.6B
Property Plant And Equipment Gross66.9B69.0B41.3B105.5B121.3B75.8B

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Other Information on Investing in Shanxi Stock

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