XinJiang Inventory vs Long Term Debt Analysis

002205 Stock

8.68 0.23 2.58%

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 Inventory and its Long Term Debt 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.

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XinJiang GuoTong Pipeline Inventory account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between XinJiang GuoTong's Inventory and Long Term Debt is -0.26. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt 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 Inventory and 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 Inventory of XinJiang GuoTong Pipeline are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., XinJiang GuoTong's Inventory and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Long Term Debt

Long-term debt is a debt that XinJiang GuoTong Pipeline has held for over one year. Long-term debt appears on XinJiang GuoTong Pipeline balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on XinJiang GuoTong Pipeline balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 November 27, 2024, Selling General Administrative is expected to decline to about 74.6 M. In addition to that, Tax Provision is expected to decline to about 994.4 K

	2021	2022	2023	2024 (projected)
Gross Profit	216.8M	119.1M	67.2M	63.8M
Research Development	19.7M	17.0M	20.3M	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		0.51	0.97	0.33	-0.09	0.91	-0.19	0.83	0.56	-0.07	0.08	0.87	0.81	0.86	0.71	0.76	0.75	-0.72	0.6	0.57	-0.15	0.27	0.88	0.75	0.86	0.83
Other Current Liab	0.51		0.55	0.33	0.39	0.44	0.21	0.26	0.03	0.13	0.32	0.29	0.16	0.27	0.41	0.14	0.12	-0.05	0.55	0.26	0.0	0.15	0.33	0.2	0.23	0.13
Total Current Liabilities	0.97	0.55		0.23	-0.11	0.95	-0.24	0.83	0.51	-0.17	0.03	0.87	0.8	0.8	0.63	0.73	0.76	-0.72	0.59	0.7	-0.08	0.37	0.87	0.74	0.82	0.79
Total Stockholder Equity	0.33	0.33	0.23		0.62	0.24	0.6	-0.02	0.73	0.75	0.48	0.09	0.12	0.22	0.67	-0.04	-0.02	0.18	0.17	0.17	0.01	0.22	-0.03	-0.1	-0.08	-0.1
Retained Earnings	-0.09	0.39	-0.11	0.62		-0.1	0.41	-0.54	0.26	0.55	0.53	-0.47	-0.44	-0.27	0.25	-0.62	-0.56	0.68	-0.06	-0.02	0.35	0.01	-0.45	-0.47	-0.52	-0.57
Accounts Payable	0.91	0.44	0.95	0.24	-0.1		-0.17	0.74	0.58	-0.07	0.05	0.81	0.8	0.79	0.6	0.66	0.71	-0.7	0.45	0.74	0.11	0.36	0.79	0.73	0.75	0.75
Cash	-0.19	0.21	-0.24	0.6	0.41	-0.17		-0.41	0.2	0.66	0.48	-0.3	-0.32	-0.25	0.22	-0.35	-0.36	0.43	-0.29	-0.23	0.33	-0.08	-0.44	-0.48	-0.45	-0.41
Other Assets	0.83	0.26	0.83	-0.02	-0.54	0.74	-0.41		0.25	-0.33	-0.17	0.99	0.9	0.73	0.44	0.97	0.93	-0.86	0.66	0.55	-0.47	0.34	0.97	0.82	0.95	0.92
Net Receivables	0.56	0.03	0.51	0.73	0.26	0.58	0.2	0.25		0.41	0.11	0.37	0.48	0.54	0.62	0.22	0.3	-0.28	0.04	0.51	0.16	0.3	0.25	0.26	0.24	0.27
Inventory	-0.07	0.13	-0.17	0.75	0.55	-0.07	0.66	-0.33	0.41		0.39	-0.22	-0.19	-0.07	0.41	-0.26	-0.31	0.35	-0.17	-0.25	0.07	-0.14	-0.33	-0.31	-0.34	-0.34
Other Current Assets	0.08	0.32	0.03	0.48	0.53	0.05	0.48	-0.17	0.11	0.39		-0.14	-0.27	-0.19	0.22	-0.22	-0.13	0.44	-0.03	-0.05	0.28	0.16	-0.15	-0.39	-0.17	-0.1
Total Liab	0.87	0.29	0.87	0.09	-0.47	0.81	-0.3	0.99	0.37	-0.22	-0.14		0.92	0.76	0.53	0.96	0.93	-0.86	0.63	0.59	-0.39	0.34	0.96	0.81	0.94	0.91
Intangible Assets	0.81	0.16	0.8	0.12	-0.44	0.8	-0.32	0.9	0.48	-0.19	-0.27	0.92		0.85	0.4	0.88	0.82	-0.91	0.5	0.62	-0.3	0.18	0.9	0.92	0.86	0.81
Common Stock	0.86	0.27	0.8	0.22	-0.27	0.79	-0.25	0.73	0.54	-0.07	-0.19	0.76	0.85		0.5	0.73	0.62	-0.83	0.48	0.37	-0.16	0.02	0.79	0.9	0.81	0.77
Property Plant Equipment	0.71	0.41	0.63	0.67	0.25	0.6	0.22	0.44	0.62	0.41	0.22	0.53	0.4	0.5		0.42	0.46	-0.23	0.45	0.28	-0.2	0.34	0.47	0.25	0.44	0.44
Long Term Debt	0.76	0.14	0.73	-0.04	-0.62	0.66	-0.35	0.97	0.22	-0.26	-0.22	0.96	0.88	0.73	0.42		0.9	-0.88	0.57	0.38	-0.49	0.18	0.94	0.81	0.95	0.93
Other Liab	0.75	0.12	0.76	-0.02	-0.56	0.71	-0.36	0.93	0.3	-0.31	-0.13	0.93	0.82	0.62	0.46	0.9		-0.8	0.49	0.57	-0.34	0.43	0.88	0.69	0.86	0.88
Net Tangible Assets	-0.72	-0.05	-0.72	0.18	0.68	-0.7	0.43	-0.86	-0.28	0.35	0.44	-0.86	-0.91	-0.83	-0.23	-0.88	-0.8		-0.34	-0.42	0.23	0.0	-0.87	-0.92	-0.89	-0.87
Deferred Long Term Liab	0.6	0.55	0.59	0.17	-0.06	0.45	-0.29	0.66	0.04	-0.17	-0.03	0.63	0.5	0.48	0.45	0.57	0.49	-0.34		0.37	-0.58	0.48	0.64	0.53	0.58	0.49
Short Long Term Debt	0.57	0.26	0.7	0.17	-0.02	0.74	-0.23	0.55	0.51	-0.25	-0.05	0.59	0.62	0.37	0.28	0.38	0.57	-0.42	0.37		0.1	0.68	0.51	0.44	0.39	0.38
Total Current Assets	-0.15	0.0	-0.08	0.01	0.35	0.11	0.33	-0.47	0.16	0.07	0.28	-0.39	-0.3	-0.16	-0.2	-0.49	-0.34	0.23	-0.58	0.1		-0.13	-0.39	-0.26	-0.36	-0.27
Short Term Debt	0.27	0.15	0.37	0.22	0.01	0.36	-0.08	0.34	0.3	-0.14	0.16	0.34	0.18	0.02	0.34	0.18	0.43	0.0	0.48	0.68	-0.13		0.2	-0.01	0.13	0.19
Non Current Assets Total	0.88	0.33	0.87	-0.03	-0.45	0.79	-0.44	0.97	0.25	-0.33	-0.15	0.96	0.9	0.79	0.47	0.94	0.88	-0.87	0.64	0.51	-0.39	0.2		0.86	0.98	0.93
Non Currrent Assets Other	0.75	0.2	0.74	-0.1	-0.47	0.73	-0.48	0.82	0.26	-0.31	-0.39	0.81	0.92	0.9	0.25	0.81	0.69	-0.92	0.53	0.44	-0.26	-0.01	0.86		0.86	0.78
Non Current Liabilities Total	0.86	0.23	0.82	-0.08	-0.52	0.75	-0.45	0.95	0.24	-0.34	-0.17	0.94	0.86	0.81	0.44	0.95	0.86	-0.89	0.58	0.39	-0.36	0.13	0.98	0.86		0.98
Non Current Liabilities Other	0.83	0.13	0.79	-0.1	-0.57	0.75	-0.41	0.92	0.27	-0.34	-0.1	0.91	0.81	0.77	0.44	0.93	0.88	-0.87	0.49	0.38	-0.27	0.19	0.93	0.78	0.98

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XinJiang GuoTong Account Relationship Matchups

XinJiang GuoTong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.8B	4.0B	4.3B	4.1B	2.2B
Other Current Liab	427.5M	543.8M	98.6M	446.5M	7.0M	6.6M
Total Current Liabilities	1.6B	1.7B	1.8B	2.3B	1.8B	971.3M
Total Stockholder Equity	850.4M	864.5M	874.9M	770.5M	626.0M	730.6M
Retained Earnings	212.1M	226.2M	232.9M	128.4M	(162.4M)	(154.3M)
Accounts Payable	482.3M	679.7M	876.9M	1.2B	854.2M	442.0M
Cash	288.8M	240.6M	78.2M	301.6M	142.1M	267.7M
Other Assets	1.9B	2.1B	2.2B	2.2B	2.5B	2.7B
Net Receivables	462.8M	369.3M	759.9M	663.9M	654.2M	478.4M
Inventory	152.8M	158.7M	138.2M	124.1M	105.4M	150.1M
Other Current Assets	65.9M	44.8M	25.5M	22.0M	9.1M	8.7M
Total Liab	2.5B	2.8B	3.0B	3.3B	3.3B	3.5B
Intangible Assets	122.0M	206.0M	304.1M	299.9M	253.6M	266.3M
Property Plant Equipment	592.6M	562.9M	496.1M	459.5M	528.4M	419.9M
Long Term Debt	891.9M	985.4M	1.0B	942.4M	1.3B	1.4B
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	112M	95.4M	324.0M	406M	122.0M	239.6M
Total Current Assets	977.2M	947.0M	1.0B	1.3B	1.1B	876.4M
Non Current Assets Total	2.6B	2.9B	3.0B	3.0B	3.0B	2.6B
Non Current Liabilities Total	980.1M	1.1B	1.2B	1.1B	1.5B	935.8M
Non Current Liabilities Other	68.2M	68.0M	75.5M	75.0M	126.1M	70.3M
Net Debt	710.4M	840.2M	1.3B	1.0B	1.3B	924.1M
Net Invested Capital	1.8B	1.9B	2.2B	2.1B	2.1B	2.1B
Net Working Capital	(584.5M)	(716.2M)	(786.0M)	(974.5M)	(707.7M)	(743.1M)

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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.

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XinJiang Inventory vs Long Term Debt Analysis

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

Correlation Coefficient

Inventory

Long Term Debt

XinJiang GuoTong fundamental ratios Correlations

XinJiang GuoTong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

XinJiang GuoTong fundamental ratios Accounts

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Other Information on Investing in XinJiang Stock

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

Non Currrent Assets Other	- 0.92	Net Tangible Assets
Net Tangible Assets	- 0.91	Intangible Assets
Non Current Liabilities Total	- 0.89	Net Tangible Assets
Net Tangible Assets	- 0.88	Long Term Debt
Non Current Liabilities Other	- 0.87	Net Tangible Assets
Non Current Assets Total	- 0.87	Net Tangible Assets