Xiangtan Total Current Assets vs Cash Analysis

002125 Stock

10.90 0.30 2.83%

Xiangtan Electrochemical financial indicator trend analysis is more than just analyzing Xiangtan Electrochemical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangtan Electrochemical is a good investment. Please check the relationship between Xiangtan Electrochemical Total Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangtan Electrochemical Scientific. 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiangtan Electrochemical Total Current Assets account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between Xiangtan Electrochemical's Total Current Assets and Cash is 0.34. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Xiangtan Electrochemical Scientific, assuming nothing else is changed. The correlation between historical values of Xiangtan Electrochemical's Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Xiangtan Electrochemical Scientific are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Xiangtan Electrochemical's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash

Cash refers to the most liquid asset of Xiangtan Electrochemical, which is listed under current asset account on Xiangtan Electrochemical Scientific balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xiangtan Electrochemical customers. The amounts must be unrestricted with restricted cash listed in a different Xiangtan Electrochemical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Xiangtan Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangtan Electrochemical 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 Xiangtan Electrochemical Scientific. 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 57.8 M. The current year's Tax Provision is expected to grow to about 55.3 M

	2022	2023	2024	2025 (projected)
Operating Income	323.1M	280.9M	323.0M	339.2M
Total Revenue	2.1B	2.2B	2.5B	2.6B

Operating Income Total Revenue

Xiangtan Electrochemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.16	0.69	0.98	0.9	0.53	0.61	0.89	0.77	-0.42	0.72	0.6	0.95	0.97	0.96	0.99	0.3	0.39	0.82	0.06	0.64	0.8	0.61	0.91	0.08	0.84
Other Current Liab	0.16		0.21	0.12	0.18	0.33	-0.17	0.18	0.4	-0.04	0.26	0.43	0.2	0.13	0.12	0.14	0.03	0.0	0.26	-0.11	-0.05	0.12	0.31	0.2	-0.37	0.34
Total Current Liabilities	0.69	0.21		0.54	0.38	0.85	0.24	0.47	0.92	-0.53	0.92	0.68	0.85	0.7	0.73	0.75	0.46	0.46	0.55	0.22	0.76	0.85	0.38	0.69	0.13	0.55
Total Stockholder Equity	0.98	0.12	0.54		0.94	0.35	0.61	0.89	0.67	-0.34	0.61	0.51	0.86	0.94	0.94	0.95	0.24	0.32	0.84	0.03	0.55	0.74	0.61	0.9	0.09	0.85
Retained Earnings	0.9	0.18	0.38	0.94		0.22	0.53	0.89	0.55	-0.2	0.47	0.48	0.75	0.82	0.82	0.85	0.14	0.06	0.85	-0.12	0.38	0.6	0.73	0.89	-0.07	0.88
Accounts Payable	0.53	0.33	0.85	0.35	0.22		0.33	0.48	0.74	-0.52	0.76	0.7	0.75	0.53	0.49	0.55	0.46	0.51	0.33	0.2	0.52	0.58	0.32	0.44	-0.05	0.43
Cash	0.61	-0.17	0.24	0.61	0.53	0.33		0.72	0.28	-0.37	0.16	0.09	0.55	0.58	0.46	0.52	0.21	0.45	0.36	-0.14	0.15	0.21	0.34	0.41	-0.15	0.4
Long Term Debt	0.89	0.18	0.47	0.89	0.89	0.48	0.72		0.58	-0.33	0.54	0.54	0.83	0.83	0.78	0.83	0.3	0.22	0.79	-0.2	0.35	0.55	0.74	0.82	-0.02	0.86
Net Receivables	0.77	0.4	0.92	0.67	0.55	0.74	0.28	0.58		-0.53	0.88	0.67	0.84	0.76	0.78	0.8	0.52	0.42	0.74	0.19	0.63	0.87	0.51	0.81	0.03	0.74
Short Term Investments	-0.42	-0.04	-0.53	-0.34	-0.2	-0.52	-0.37	-0.33	-0.53		-0.47	-0.21	-0.49	-0.36	-0.39	-0.43	-0.62	-0.41	-0.2	-0.16	-0.29	-0.31	-0.05	-0.25	-0.06	-0.21
Inventory	0.72	0.26	0.92	0.61	0.47	0.76	0.16	0.54	0.88	-0.47		0.82	0.82	0.71	0.79	0.75	0.42	0.36	0.7	0.15	0.66	0.84	0.52	0.74	0.33	0.66
Other Current Assets	0.6	0.43	0.68	0.51	0.48	0.7	0.09	0.54	0.67	-0.21	0.82		0.68	0.6	0.61	0.61	0.19	0.16	0.6	0.15	0.54	0.68	0.54	0.64	0.1	0.7
Total Liab	0.95	0.2	0.85	0.86	0.75	0.75	0.55	0.83	0.84	-0.49	0.82	0.68		0.94	0.92	0.96	0.36	0.47	0.72	0.1	0.73	0.84	0.55	0.85	0.07	0.77
Intangible Assets	0.97	0.13	0.7	0.94	0.82	0.53	0.58	0.83	0.76	-0.36	0.71	0.6	0.94		0.96	0.98	0.25	0.49	0.76	0.14	0.75	0.86	0.48	0.88	0.14	0.8
Common Stock	0.96	0.12	0.73	0.94	0.82	0.49	0.46	0.78	0.78	-0.39	0.79	0.61	0.92	0.96		0.97	0.31	0.41	0.8	0.12	0.74	0.86	0.52	0.89	0.24	0.78
Property Plant Equipment	0.99	0.14	0.75	0.95	0.85	0.55	0.52	0.83	0.8	-0.43	0.75	0.61	0.96	0.98	0.97		0.31	0.39	0.78	0.15	0.74	0.87	0.53	0.91	0.11	0.81
Other Liab	0.3	0.03	0.46	0.24	0.14	0.46	0.21	0.3	0.52	-0.62	0.42	0.19	0.36	0.25	0.31	0.31		0.22	0.24	0.21	0.23	0.32	0.08	0.26	0.01	0.24
Other Assets	0.39	0.0	0.46	0.32	0.06	0.51	0.45	0.22	0.42	-0.41	0.36	0.16	0.47	0.49	0.41	0.39	0.22		0.14	0.35	0.41	0.38	-0.18	0.19	0.19	0.12
Net Tangible Assets	0.82	0.26	0.55	0.84	0.85	0.33	0.36	0.79	0.74	-0.2	0.7	0.6	0.72	0.76	0.8	0.78	0.24	0.14		-0.13	0.34	0.72	0.84	0.94	0.14	0.94
Other Stockholder Equity	0.06	-0.11	0.22	0.03	-0.12	0.2	-0.14	-0.2	0.19	-0.16	0.15	0.15	0.1	0.14	0.12	0.15	0.21	0.35	-0.13		0.39	0.36	-0.48	-0.03	-0.07	-0.1
Deferred Long Term Liab	0.64	-0.05	0.76	0.55	0.38	0.52	0.15	0.35	0.63	-0.29	0.66	0.54	0.73	0.75	0.74	0.74	0.23	0.41	0.34	0.39		0.85	0.03	0.58	0.28	0.42
Long Term Investments	0.8	0.12	0.85	0.74	0.6	0.58	0.21	0.55	0.87	-0.31	0.84	0.68	0.84	0.86	0.86	0.87	0.32	0.38	0.72	0.36	0.85		0.39	0.86	0.24	0.74
Total Current Assets	0.61	0.31	0.38	0.61	0.73	0.32	0.34	0.74	0.51	-0.05	0.52	0.54	0.55	0.48	0.52	0.53	0.08	-0.18	0.84	-0.48	0.03	0.39		0.76	-0.07	0.81
Non Current Assets Total	0.91	0.2	0.69	0.9	0.89	0.44	0.41	0.82	0.81	-0.25	0.74	0.64	0.85	0.88	0.89	0.91	0.26	0.19	0.94	-0.03	0.58	0.86	0.76		0.1	0.95
Non Currrent Assets Other	0.08	-0.37	0.13	0.09	-0.07	-0.05	-0.15	-0.02	0.03	-0.06	0.33	0.1	0.07	0.14	0.24	0.11	0.01	0.19	0.14	-0.07	0.28	0.24	-0.07	0.1		0.01
Non Current Liabilities Total	0.84	0.34	0.55	0.85	0.88	0.43	0.4	0.86	0.74	-0.21	0.66	0.7	0.77	0.8	0.78	0.81	0.24	0.12	0.94	-0.1	0.42	0.74	0.81	0.95	0.01

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Xiangtan Electrochemical Account Relationship Matchups

Xiangtan Electrochemical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.7B	4.5B	5.1B	5.0B	5.8B	6.1B
Other Current Liab	24.9M	131.1M	188.2M	72.1M	82.9M	73.9M
Total Current Liabilities	1.4B	1.9B	1.7B	1.3B	1.5B	957.9M
Total Stockholder Equity	1.8B	2.0B	2.4B	2.8B	3.2B	3.4B
Retained Earnings	208.4M	433.5M	796.2M	982.7M	1.1B	1.2B
Accounts Payable	375.3M	572.0M	770.2M	365.6M	420.4M	349.6M
Cash	185.3M	229.2M	284.7M	480.6M	552.7M	580.3M
Long Term Debt	388.1M	404.8M	897.1M	768.2M	883.5M	927.6M
Net Receivables	279.4M	434.1M	412.0M	352.6M	405.5M	219.2M
Inventory	532.3M	572.3M	645.9M	375.5M	431.8M	275.7M
Other Current Assets	54.6M	42.8M	157.7M	46.5M	53.5M	36.3M
Total Liab	1.9B	2.4B	2.7B	2.2B	2.5B	2.6B
Intangible Assets	218.3M	218.9M	267.6M	269.3M	309.7M	325.2M
Property Plant Equipment	1.8B	1.8B	2.1B	2.2B	2.6B	2.7B
Other Liab	41.0M	38.5M	40.8M	43.0M	49.4M	31.3M
Other Assets	175.6M	200.3M	161.2M	138.3M	159.1M	125.1M
Net Tangible Assets	997.4M	1.6B	1.8B	2.1B	2.4B	1.4B
Other Stockholder Equity	342.6K	257.0K	138.6K	128.6K	115.7K	110.0K
Deferred Long Term Liab	3.0M	3.7M	2.7M	1.6M	1.9M	2.2M
Total Current Assets	1.2B	1.6B	2.0B	1.7B	1.9B	1.4B
Non Current Assets Total	2.5B	2.8B	3.1B	3.3B	3.8B	2.7B
Non Currrent Assets Other	2.0B	105.1M	78.3M	36.5M	42.0M	39.9M
Non Current Liabilities Total	477.3M	518.8M	1.0B	885.7M	1.0B	595.9M
Short Long Term Debt	852.0M	877.9M	500.3M	514.4M	591.5M	722.8M
Net Debt	1.1B	1.1B	1.1B	802.0M	922.3M	982.1M
Net Invested Capital	3.0B	3.3B	3.8B	4.1B	4.7B	3.2B
Net Working Capital	(206.4M)	(279.8M)	297.8M	396.5M	456.0M	478.8M
Property Plant And Equipment Net	1.9B	2.1B	2.2B	2.2B	2.5B	2.3B
Property Plant And Equipment Gross	2.8B	3.1B	2.2B	3.5B	4.0B	3.1B

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Other Information on Investing in Xiangtan Stock

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

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Xiangtan Total Current Assets vs Cash Analysis

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

Correlation Coefficient

Total Current Assets

Cash

Xiangtan Electrochemical fundamental ratios Correlations

Xiangtan Electrochemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiangtan Electrochemical fundamental ratios Accounts

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Other Information on Investing in Xiangtan Stock

COMMON DESTINATIONS

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Property Plant Equipment	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Intangible Assets
Intangible Assets	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Common Stock
Common Stock	+ 0.96	Total Assets

Other Liab	- 0.62	Short Term Investments
Short Term Investments	- 0.53	Net Receivables
Short Term Investments	- 0.53	Total Current Liabilities
Short Term Investments	- 0.52	Accounts Payable
Total Liab	- 0.49	Short Term Investments
Total Current Assets	- 0.48	Other Stockholder Equity