XinJiang Depreciation vs Capital Expenditures Analysis

002205 Stock

8.20 0.01 0.12%

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

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XinJiang GuoTong Pipeline Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between XinJiang GuoTong's Depreciation and Capital Expenditures is -0.08. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of XinJiang GuoTong Pipeline, assuming nothing else is changed. The correlation between historical values of XinJiang GuoTong's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of XinJiang GuoTong Pipeline are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., XinJiang GuoTong's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of XinJiang GuoTong Pipeline value has been used up. For tax purposes XinJiang GuoTong can deduct the cost of the tangible assets it purchases as business expenses. However, XinJiang GuoTong Pipeline must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Capital Expenditures

Capital Expenditures are funds used by XinJiang GuoTong Pipeline to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of XinJiang GuoTong operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from XinJiang GuoTong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XinJiang GuoTong Pipeline 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 XinJiang GuoTong Pipeline. 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.

As of February 2, 2025, Selling General Administrative is expected to decline to about 74.6 M. In addition to that, Tax Provision is expected to decline to about 895 K

	2022	2023	2024	2025 (projected)
Gross Profit	119.1M	67.2M	77.2M	73.4M
Research Development	17.0M	20.3M	23.4M	16.5M

Gross Profit Research Development

XinJiang GuoTong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Net Tangible Assets	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.18	0.98	0.19	-0.5	0.93	-0.25	0.96	0.48	-0.14	-0.15	0.99	0.93	0.78	0.58	0.94	0.93	-0.83	0.58	0.54	-0.48	0.35	0.92	0.79	0.88	0.89
Other Current Liab	0.18		0.27	0.34	0.46	0.17	0.27	0.18	-0.03	0.17	0.36	0.12	0.02	0.16	0.39	-0.03	0.04	0.06	0.55	0.27	0.08	0.16	0.18	0.07	0.06	-0.16
Total Current Liabilities	0.98	0.27		0.13	-0.46	0.96	-0.29	0.96	0.45	-0.22	-0.16	0.97	0.91	0.76	0.55	0.88	0.93	-0.82	0.59	0.67	-0.38	0.43	0.92	0.78	0.85	0.85
Total Stockholder Equity	0.19	0.34	0.13		0.58	0.13	0.61	-0.04	0.67	0.75	0.49	0.02	0.06	0.2	0.68	-0.09	-0.04	0.2	0.18	0.17	0.04	0.23	-0.07	-0.14	-0.12	-0.16
Retained Earnings	-0.5	0.46	-0.46	0.58		-0.45	0.46	-0.59	0.03	0.54	0.56	-0.61	-0.57	-0.38	0.2	-0.73	-0.62	0.74	-0.03	0.0	0.45	0.02	-0.56	-0.57	-0.64	-0.8
Accounts Payable	0.93	0.17	0.96	0.13	-0.45		-0.23	0.89	0.51	-0.14	-0.13	0.93	0.91	0.75	0.51	0.83	0.89	-0.81	0.47	0.71	-0.22	0.42	0.85	0.77	0.8	0.82
Cash	-0.25	0.27	-0.29	0.61	0.46	-0.23		-0.44	0.23	0.67	0.51	-0.36	-0.37	-0.3	0.22	-0.4	-0.41	0.48	-0.26	-0.21	0.38	-0.06	-0.49	-0.52	-0.5	-0.41
Other Assets	0.96	0.18	0.96	-0.04	-0.59	0.89	-0.44		0.27	-0.35	-0.22	0.99	0.92	0.75	0.43	0.96	0.94	-0.87	0.62	0.52	-0.53	0.31	0.97	0.83	0.93	0.92
Net Receivables	0.48	-0.03	0.45	0.67	0.03	0.51	0.23	0.27		0.37	0.06	0.38	0.44	0.56	0.62	0.27	0.36	-0.34	-0.02	0.4	0.11	0.3	0.29	0.28	0.31	0.27
Inventory	-0.14	0.17	-0.22	0.75	0.54	-0.14	0.67	-0.35	0.37		0.41	-0.26	-0.23	-0.11	0.41	-0.29	-0.33	0.38	-0.16	-0.24	0.12	-0.13	-0.37	-0.35	-0.37	-0.33
Other Current Assets	-0.15	0.36	-0.16	0.49	0.56	-0.13	0.51	-0.22	0.06	0.41		-0.24	-0.34	-0.25	0.21	-0.3	-0.19	0.48	-0.01	-0.03	0.32	0.17	-0.23	-0.45	-0.26	-0.28
Total Liab	0.99	0.12	0.97	0.02	-0.61	0.93	-0.36	0.99	0.38	-0.26	-0.24		0.94	0.77	0.48	0.97	0.95	-0.88	0.55	0.52	-0.49	0.31	0.95	0.82	0.92	0.94
Intangible Assets	0.93	0.02	0.91	0.06	-0.57	0.91	-0.37	0.92	0.44	-0.23	-0.34	0.94		0.85	0.37	0.91	0.86	-0.92	0.45	0.55	-0.41	0.18	0.9	0.91	0.86	0.86
Common Stock	0.78	0.16	0.76	0.2	-0.38	0.75	-0.3	0.75	0.56	-0.11	-0.25	0.77	0.85		0.48	0.74	0.66	-0.85	0.43	0.34	-0.29	0.0	0.83	0.92	0.84	0.66
Property Plant Equipment	0.58	0.39	0.55	0.68	0.2	0.51	0.22	0.43	0.62	0.41	0.21	0.48	0.37	0.48		0.37	0.44	-0.21	0.45	0.29	-0.23	0.34	0.44	0.24	0.4	0.3
Long Term Debt	0.94	-0.03	0.88	-0.09	-0.73	0.83	-0.4	0.96	0.27	-0.29	-0.3	0.97	0.91	0.74	0.37		0.91	-0.9	0.49	0.32	-0.58	0.16	0.93	0.82	0.94	0.98
Other Liab	0.93	0.04	0.93	-0.04	-0.62	0.89	-0.41	0.94	0.36	-0.33	-0.19	0.95	0.86	0.66	0.44	0.91		-0.82	0.45	0.54	-0.42	0.4	0.9	0.72	0.86	0.92
Net Tangible Assets	-0.83	0.06	-0.82	0.2	0.74	-0.81	0.48	-0.87	-0.34	0.38	0.48	-0.88	-0.92	-0.85	-0.21	-0.9	-0.82		-0.28	-0.36	0.35	0.02	-0.9	-0.94	-0.92	-0.87
Deferred Long Term Liab	0.58	0.55	0.59	0.18	-0.03	0.47	-0.26	0.62	-0.02	-0.16	-0.01	0.55	0.45	0.43	0.45	0.49	0.45	-0.28		0.37	-0.55	0.48	0.56	0.46	0.47	0.4
Short Long Term Debt	0.54	0.27	0.67	0.17	0.0	0.71	-0.21	0.52	0.4	-0.24	-0.03	0.52	0.55	0.34	0.29	0.32	0.54	-0.36	0.37		0.11	0.69	0.44	0.38	0.31	0.31
Total Current Assets	-0.48	0.08	-0.38	0.04	0.45	-0.22	0.38	-0.53	0.11	0.12	0.32	-0.49	-0.41	-0.29	-0.23	-0.58	-0.42	0.35	-0.55	0.11		-0.12	-0.46	-0.35	-0.45	-0.54
Short Term Debt	0.35	0.16	0.43	0.23	0.02	0.42	-0.06	0.31	0.3	-0.13	0.17	0.31	0.18	0.0	0.34	0.16	0.4	0.02	0.48	0.69	-0.12		0.16	-0.03	0.09	0.23
Non Current Assets Total	0.92	0.18	0.92	-0.07	-0.56	0.85	-0.49	0.97	0.29	-0.37	-0.23	0.95	0.9	0.83	0.44	0.93	0.9	-0.9	0.56	0.44	-0.46	0.16		0.89	0.98	0.88
Non Currrent Assets Other	0.79	0.07	0.78	-0.14	-0.57	0.77	-0.52	0.83	0.28	-0.35	-0.45	0.82	0.91	0.92	0.24	0.82	0.72	-0.94	0.46	0.38	-0.35	-0.03	0.89		0.88	0.76
Non Current Liabilities Total	0.88	0.06	0.85	-0.12	-0.64	0.8	-0.5	0.93	0.31	-0.37	-0.26	0.92	0.86	0.84	0.4	0.94	0.86	-0.92	0.47	0.31	-0.45	0.09	0.98	0.88		0.9
Non Current Liabilities Other	0.89	-0.16	0.85	-0.16	-0.8	0.82	-0.41	0.92	0.27	-0.33	-0.28	0.94	0.86	0.66	0.3	0.98	0.92	-0.87	0.4	0.31	-0.54	0.23	0.88	0.76	0.9

Click cells to compare fundamentals

XinJiang GuoTong Account Relationship Matchups

XinJiang GuoTong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.8B	4.0B	4.3B	4.1B	4.7B	4.9B
Other Current Liab	543.8M	98.6M	446.5M	7.0M	8.0M	7.6M
Total Current Liabilities	1.7B	1.8B	2.3B	1.8B	2.0B	2.1B
Total Stockholder Equity	864.5M	874.9M	770.5M	626.0M	719.8M	730.6M
Retained Earnings	226.2M	232.9M	128.4M	(162.4M)	(186.8M)	(177.4M)
Accounts Payable	679.7M	876.9M	1.2B	854.2M	982.3M	1.0B
Cash	240.6M	78.2M	301.6M	142.1M	163.5M	267.7M
Other Assets	1.9B	2.1B	2.2B	2.2B	2.5B	2.7B
Net Receivables	369.3M	595.5M	663.9M	654.2M	752.3M	469.3M
Inventory	158.7M	138.2M	124.1M	105.4M	121.2M	150.1M
Other Current Assets	44.8M	25.5M	22.0M	9.1M	10.5M	10.0M
Total Liab	2.8B	3.0B	3.3B	3.3B	3.8B	4.0B
Intangible Assets	206.0M	304.1M	299.9M	253.6M	291.7M	306.3M
Property Plant Equipment	592.6M	562.9M	496.1M	459.5M	528.4M	419.9M
Long Term Debt	985.4M	1.0B	942.4M	1.3B	1.5B	1.6B
Other Liab	92.8M	81.9M	88.3M	126.7M	145.8M	153.0M
Net Tangible Assets	728.4M	658.5M	570.9M	470.5M	423.5M	570.3M
Deferred Long Term Liab	34.4M	68.2M	37.9M	24.6M	28.3M	38.9M
Short Long Term Debt	95.4M	324.0M	406M	122.0M	140.2M	239.6M
Total Current Assets	947.0M	1.0B	1.3B	1.1B	959.9M	876.4M
Non Current Assets Total	2.9B	3.0B	3.0B	3.0B	3.5B	2.6B
Non Currrent Assets Other	2.0B	2.2B	2.2B	2.1B	2.4B	1.2B
Non Current Liabilities Total	1.1B	1.2B	1.1B	1.5B	1.8B	935.8M
Non Current Liabilities Other	68.0M	75.5M	75.0M	126.1M	145.0M	152.3M
Net Debt	840.2M	1.3B	1.0B	1.3B	1.5B	924.1M
Net Invested Capital	1.9B	2.2B	2.1B	2.1B	2.4B	2.1B
Net Working Capital	(716.2M)	(786.0M)	(974.5M)	(707.7M)	(636.9M)	(668.8M)
Property Plant And Equipment Net	562.9M	496.1M	459.5M	385.1M	346.6M	399.4M
Property Plant And Equipment Gross	1.0B	963.5M	459.5M	838.5M	754.6M	688.9M

Also Currently Popular

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.

EBR	Centrais Electricas Brasileiras
HE	Hawaiian Electric Industries
VFC	VF Corporation

Other Information on Investing in XinJiang Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

XinJiang Depreciation vs Capital Expenditures Analysis

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Depreciation

Capital Expenditures

XinJiang GuoTong fundamental ratios Correlations

XinJiang GuoTong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

XinJiang GuoTong fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in XinJiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Other Assets
Total Current Liabilities	+ 0.98	Total Assets
Non Current Liabilities Other	+ 0.98	Long Term Debt
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Total Liab	+ 0.97	Total Current Liabilities

Non Currrent Assets Other	- 0.94	Net Tangible Assets
Non Current Liabilities Total	- 0.92	Net Tangible Assets
Net Tangible Assets	- 0.92	Intangible Assets
Non Current Assets Total	- 0.9	Net Tangible Assets
Net Tangible Assets	- 0.9	Long Term Debt
Net Tangible Assets	- 0.88	Total Liab