Xingyuan Total Current Assets vs Non Current Liabilities Total Analysis
300266 Stock | 3.17 0.07 2.16% |
Xingyuan Environment financial indicator trend analysis is more than just analyzing Xingyuan Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xingyuan Environment is a good investment. Please check the relationship between Xingyuan Environment Total Current Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xingyuan Environment Technology. 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 Non Current Liabilities Total
Total Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingyuan Environment Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xingyuan Environment's Total Current Assets and Non Current Liabilities Total is 0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Xingyuan Environment Technology, assuming nothing else is changed. The correlation between historical values of Xingyuan Environment's Total Current Assets and Non Current Liabilities Total 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 Xingyuan Environment Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Xingyuan Environment's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Non Current Liabilities Total
Most indicators from Xingyuan Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xingyuan Environment 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 Xingyuan Environment Technology. 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 77.1 M. The current year's Tax Provision is expected to grow to about 28.8 M
Xingyuan Environment fundamental ratios Correlations
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Xingyuan Environment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xingyuan Environment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6B | 11.3B | 11.9B | 11.1B | 10.2B | 5.9B | |
Other Current Liab | 490.7M | 743.2M | 1.5B | 120.9M | 120.7M | 114.7M | |
Total Current Liabilities | 5.8B | 5.9B | 6.3B | 6.3B | 6.0B | 3.1B | |
Total Stockholder Equity | 2.5B | 1.9B | 1.8B | 1.2B | 278.9M | 264.9M | |
Retained Earnings | (206.3M) | (763.0M) | (795.6M) | (1.5B) | (2.5B) | (2.3B) | |
Accounts Payable | 2.8B | 2.5B | 2.6B | 2.2B | 2.0B | 1.3B | |
Cash | 795.7M | 1.1B | 904.6M | 584.9M | 732.5M | 513.7M | |
Other Assets | 922.0M | 698.0M | 5.8B | 6.2B | 7.2B | 7.5B | |
Net Receivables | 1.6B | 1.1B | 2.6B | 1.2B | 1.2B | 982.0M | |
Inventory | 5.5B | 124.2M | 269.0M | 260.5M | 277.4M | 263.5M | |
Other Current Assets | 382.9M | 454.9M | 556.1M | 442.2M | 357.4M | 180.5M | |
Total Liab | 7.8B | 9.1B | 9.7B | 9.6B | 9.2B | 9.7B | |
Intangible Assets | 544.7M | 670.5M | 591.5M | 562.5M | 597.8M | 627.7M | |
Property Plant Equipment | 366.6M | 316.3M | 331.5M | 362.3M | 416.6M | 313.8M | |
Other Liab | 502.9M | 548.5M | 743.0M | 746.7M | 858.7M | 901.7M | |
Long Term Debt | 1.6B | 2.5B | 2.6B | 2.4B | 1.9B | 1.3B | |
Good Will | 421.5M | 300.8M | 290.9M | 227.4M | 57.8M | 54.9M | |
Net Tangible Assets | 1.6B | 1.5B | 948.4M | 966.4M | 869.7M | 1.1B | |
Other Stockholder Equity | 5.0M | (232.9M) | (261.6M) | (261.6M) | (235.4M) | (223.7M) | |
Deferred Long Term Liab | 6.6M | 5.0M | 4.5M | 4.9M | 5.7M | 5.2M | |
Short Long Term Debt | 1.5B | 2.0B | 1.7B | 1.3B | 771.2M | 1.3B | |
Total Current Assets | 8.4B | 4.1B | 4.3B | 3.6B | 3.4B | 5.2B | |
Non Current Assets Total | 2.2B | 7.2B | 7.6B | 7.5B | 6.9B | 5.3B | |
Non Currrent Assets Other | 2.2B | 5.0B | 6.0B | 5.9B | 5.5B | 3.4B | |
Non Current Liabilities Total | 2.0B | 3.2B | 3.4B | 3.3B | 3.2B | 2.4B | |
Non Current Liabilities Other | 334.2M | 616.1M | 703.6M | 743.4M | 712.5M | 558.0M | |
Net Debt | 2.2B | 3.4B | 3.4B | 3.1B | 2.0B | 2.7B | |
Net Invested Capital | 5.5B | 6.4B | 6.1B | 5.0B | 3.0B | 4.2B | |
Net Working Capital | 2.6B | (1.8B) | (2.0B) | (2.7B) | (2.7B) | (2.5B) |
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Balance Sheet is a snapshot of the financial position of Xingyuan Environment at a specified time, usually calculated after every quarter, six months, or one year. Xingyuan Environment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xingyuan Environment 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 Xingyuan currently owns. An asset can also be divided into two categories, current and non-current.