HaiXin Deferred Long Term Liab vs Other Stockholder Equity Analysis

002702 Stock   4.10  0.05  1.23%   
HaiXin Foods financial indicator trend analysis is much more than just examining HaiXin Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HaiXin Foods is a good investment. Please check the relationship between HaiXin Foods Deferred Long Term Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HaiXin Foods 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 board of governors.

Deferred Long Term Liab vs Other Stockholder Equity

Deferred Long Term Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HaiXin Foods Deferred Long Term Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HaiXin Foods' Deferred Long Term Liab and Other Stockholder Equity is -0.23. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of HaiXin Foods Co, assuming nothing else is changed. The correlation between historical values of HaiXin Foods' Deferred Long Term Liab and Other Stockholder Equity 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 HaiXin Foods Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Deferred Long Term Liab i.e., HaiXin Foods' Deferred Long Term Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

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

Other Stockholder Equity

Most indicators from HaiXin Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HaiXin Foods 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 HaiXin Foods 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 221.7 M, whereas Tax Provision is forecasted to decline to about 11.9 M.
 2022 2024 2025 (projected)
Research Development17.8M14.6M13.7M
Income Tax Expense21.3M24.5M25.7M

HaiXin Foods fundamental ratios Correlations

0.120.960.780.380.960.310.950.80.950.40.960.590.630.960.890.8-0.16-0.46-0.120.87-0.710.850.780.720.9
0.120.190.060.270.08-0.020.150.05-0.01-0.150.16-0.03-0.150.130.03-0.040.690.11-0.330.10.480.10.080.060.1
0.960.190.660.290.980.130.980.790.970.30.990.690.690.960.930.82-0.1-0.41-0.150.94-0.720.880.810.720.91
0.780.060.660.560.70.490.650.90.660.350.640.530.680.680.570.66-0.1-0.020.020.55-0.480.760.660.60.56
0.380.270.290.560.370.210.290.560.290.140.240.330.350.30.230.160.030.06-0.020.18-0.170.160.060.020.12
0.960.080.980.70.370.150.980.840.980.330.980.730.730.960.920.81-0.21-0.41-0.10.92-0.790.870.790.730.9
0.31-0.020.130.490.210.150.140.220.160.240.18-0.07-0.10.20.210.29-0.23-0.12-0.240.17-0.130.180.360.290.29
0.950.150.980.650.290.980.140.790.960.240.990.720.650.980.960.84-0.19-0.42-0.170.96-0.730.840.840.780.93
0.80.050.790.90.560.840.220.790.80.20.750.810.840.770.710.76-0.2-0.02-0.050.69-0.620.840.730.650.63
0.95-0.010.970.660.290.980.160.960.80.320.970.730.70.940.930.84-0.26-0.48-0.130.93-0.830.860.790.70.89
0.4-0.150.30.350.140.330.240.240.20.320.32-0.090.220.330.280.240.07-0.060.220.22-0.40.340.250.130.35
0.960.160.990.640.240.980.180.990.750.970.320.650.620.980.950.83-0.16-0.44-0.180.95-0.730.870.850.780.96
0.59-0.030.690.530.330.73-0.070.720.810.73-0.090.650.660.630.660.69-0.36-0.15-0.280.67-0.60.670.630.510.54
0.63-0.150.690.680.350.73-0.10.650.840.70.220.620.660.610.590.57-0.090.090.350.59-0.690.750.510.540.45
0.960.130.960.680.30.960.20.980.770.940.330.980.630.610.920.79-0.23-0.45-0.150.93-0.710.810.850.80.95
0.890.030.930.570.230.920.210.960.710.930.280.950.660.590.920.9-0.29-0.4-0.20.96-0.770.820.840.750.93
0.8-0.040.820.660.160.810.290.840.760.840.240.830.690.570.790.9-0.31-0.3-0.260.85-0.690.880.870.730.8
-0.160.69-0.1-0.10.03-0.21-0.23-0.19-0.2-0.260.07-0.16-0.36-0.09-0.23-0.29-0.310.370.28-0.230.5-0.04-0.29-0.23-0.27
-0.460.11-0.41-0.020.06-0.41-0.12-0.42-0.02-0.48-0.06-0.44-0.150.09-0.45-0.4-0.30.370.33-0.440.43-0.13-0.2-0.17-0.48
-0.12-0.33-0.150.02-0.02-0.1-0.24-0.17-0.05-0.130.22-0.18-0.280.35-0.15-0.2-0.260.280.33-0.23-0.18-0.05-0.270.02-0.22
0.870.10.940.550.180.920.170.960.690.930.220.950.670.590.930.960.85-0.23-0.44-0.23-0.710.790.850.760.91
-0.710.48-0.72-0.48-0.17-0.79-0.13-0.73-0.62-0.83-0.4-0.73-0.6-0.69-0.71-0.77-0.690.50.43-0.18-0.71-0.65-0.58-0.57-0.7
0.850.10.880.760.160.870.180.840.840.860.340.870.670.750.810.820.88-0.04-0.13-0.050.79-0.650.840.740.78
0.780.080.810.660.060.790.360.840.730.790.250.850.630.510.850.840.87-0.29-0.2-0.270.85-0.580.840.90.89
0.720.060.720.60.020.730.290.780.650.70.130.780.510.540.80.750.73-0.23-0.170.020.76-0.570.740.90.84
0.90.10.910.560.120.90.290.930.630.890.350.960.540.450.950.930.8-0.27-0.48-0.220.91-0.70.780.890.84
Click cells to compare fundamentals

HaiXin Foods Account Relationship Matchups

HaiXin Foods fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.5B1.8B2.2B2.5B2.6B
Other Current Liab37.0M39.5M105.7M43.4M49.9M60.1M
Total Current Liabilities490.1M583.8M666.7M715.2M822.4M863.5M
Total Stockholder Equity835.4M779.8M839.5M1.2B1.3B770.1M
Retained Earnings251.8M193.3M256.5M173.3M199.3M214.3M
Accounts Payable300.0M333.9M417.8M422.1M485.4M509.7M
Cash117.5M116.4M179.1M277.2M318.8M163.7M
Other Assets18.5M32.1M41.3M53.0M61.0M64.0M
Net Receivables222.0M196.9M231.3M253.2M291.2M167.4M
Inventory322.5M371.5M362.6M430.0M494.5M519.3M
Other Current Assets20.6M29.0M50.0M112.9M129.8M136.3M
Total Liab511.8M689.5M906.9M973.5M1.1B1.2B
Intangible Assets70.6M69.2M67.8M65.8M75.6M37.9M
Property Plant Equipment300.1M338.8M578.7M754.8M868.0M911.4M
Other Liab1.6M21.7M18.2M26.6M30.6M32.1M
Net Tangible Assets671.9M708.3M658.9M720.0M648.0M561.8M
Other Stockholder Equity(47.0)9.028.08.6K7.8K7.4K
Deferred Long Term Liab1.2M8.7M16.6M14.9M17.1M18.0M
Total Current Assets834.8M730.9M827.0M1.1B1.3B841.8M
Non Current Assets Total518.2M757.0M939.1M1.1B1.2B694.8M
Non Currrent Assets Other2.7M4.9M7.5M7.6M8.7M5.1M
Non Current Liabilities Total21.7M105.7M240.1M258.3M297.1M312.0M
Net Invested Capital835.4M965.4M1.1B1.5B1.7B1.1B
Net Working Capital344.6M147.1M160.3M374.3M336.9M240.2M
Property Plant And Equipment Net338.8M578.7M754.8M890.7M1.0B629.9M
Property Plant And Equipment Gross552.1M819.3M754.8M1.2B1.4B841.1M

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Other Information on Investing in HaiXin Stock

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