Xian Net Receivables vs Long Term Debt Analysis

300487 Stock   55.27  2.08  3.91%   
Xian Sunresin financial indicator trend analysis is more than just analyzing Xian Sunresin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian Sunresin New is a good investment. Please check the relationship between Xian Sunresin Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian Sunresin New. 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xian Sunresin New Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xian Sunresin's Net Receivables and Long Term Debt is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Xian Sunresin New, assuming nothing else is changed. The correlation between historical values of Xian Sunresin's Net Receivables 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 Net Receivables of Xian Sunresin New 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 Net Receivables i.e., Xian Sunresin's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Long Term Debt

Long-term debt is a debt that Xian Sunresin New has held for over one year. Long-term debt appears on Xian Sunresin New 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 Xian Sunresin New 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 Xian Sunresin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian Sunresin New 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 Xian Sunresin New. 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 100.7 M
 2021 2022 2023 2024 (projected)
Gross Profit532.6M844.7M1.2B1.3B
Total Revenue1.2B1.9B2.5B2.6B

Xian Sunresin fundamental ratios Correlations

0.050.981.00.940.94-0.951.00.980.970.940.62-0.220.970.980.780.870.99-0.250.950.990.990.930.980.950.99
0.050.150.01-0.20.140.010.00.110.080.07-0.310.320.07-0.050.3-0.040.00.28-0.020.110.040.030.140.14-0.09
0.980.150.960.890.92-0.940.970.980.950.910.58-0.240.960.960.770.780.98-0.30.90.990.970.90.950.930.96
1.00.010.960.950.93-0.961.00.970.970.930.65-0.260.970.980.790.860.98-0.210.970.980.990.930.970.940.99
0.94-0.20.890.950.93-0.850.950.920.860.950.77-0.230.870.970.760.850.92-0.330.930.920.910.960.880.930.95
0.940.140.920.930.93-0.790.920.960.841.00.67-0.020.840.930.90.840.88-0.220.890.940.880.990.91.00.89
-0.950.01-0.94-0.96-0.85-0.79-0.96-0.9-0.98-0.79-0.540.41-0.98-0.93-0.63-0.77-0.970.23-0.92-0.93-0.98-0.78-0.94-0.81-0.97
1.00.00.971.00.950.92-0.960.970.970.920.62-0.250.980.980.760.870.99-0.250.960.980.990.920.970.930.99
0.980.110.980.970.920.96-0.90.970.940.960.58-0.110.940.960.810.850.97-0.270.910.990.960.940.960.970.95
0.970.080.950.970.860.84-0.980.970.940.840.49-0.311.00.930.670.850.97-0.250.920.970.990.830.980.860.96
0.940.070.910.930.951.0-0.790.920.960.840.7-0.020.840.930.890.850.89-0.230.90.930.880.990.891.00.9
0.62-0.310.580.650.770.67-0.540.620.580.490.7-0.430.50.720.660.380.56-0.140.730.550.560.720.520.660.65
-0.220.32-0.24-0.26-0.23-0.020.41-0.25-0.11-0.31-0.02-0.43-0.31-0.30.130.08-0.280.24-0.33-0.17-0.3-0.05-0.17-0.03-0.34
0.970.070.960.970.870.84-0.980.980.941.00.840.5-0.310.940.670.840.98-0.260.920.970.990.830.970.860.97
0.98-0.050.960.980.970.93-0.930.980.960.930.930.72-0.30.940.770.810.97-0.310.950.960.970.940.930.930.99
0.780.30.770.790.760.9-0.630.760.810.670.890.660.130.670.770.650.70.130.810.770.710.870.760.890.71
0.87-0.040.780.860.850.84-0.770.870.850.850.850.380.080.840.810.650.83-0.260.790.870.840.840.880.850.83
0.990.00.980.980.920.88-0.970.990.970.970.890.56-0.280.980.970.70.83-0.290.930.980.990.880.960.90.99
-0.250.28-0.3-0.21-0.33-0.220.23-0.25-0.27-0.25-0.23-0.140.24-0.26-0.310.13-0.26-0.29-0.06-0.3-0.24-0.25-0.19-0.22-0.31
0.95-0.020.90.970.930.89-0.920.960.910.920.90.73-0.330.920.950.810.790.93-0.060.910.940.90.910.90.95
0.990.110.990.980.920.94-0.930.980.990.970.930.55-0.170.970.960.770.870.98-0.30.910.980.920.970.950.97
0.990.040.970.990.910.88-0.980.990.960.990.880.56-0.30.990.970.710.840.99-0.240.940.980.870.970.90.99
0.930.030.90.930.960.99-0.780.920.940.830.990.72-0.050.830.940.870.840.88-0.250.90.920.870.870.990.89
0.980.140.950.970.880.9-0.940.970.960.980.890.52-0.170.970.930.760.880.96-0.190.910.970.970.870.920.95
0.950.140.930.940.931.0-0.810.930.970.861.00.66-0.030.860.930.890.850.9-0.220.90.950.90.990.920.9
0.99-0.090.960.990.950.89-0.970.990.950.960.90.65-0.340.970.990.710.830.99-0.310.950.970.990.890.950.9
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Xian Sunresin Account Relationship Matchups

Xian Sunresin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.6B3.1B4.6B5.7B6.0B
Other Current Liab83.8M9.4M32.0M47.6M55.8M72.9M
Total Current Liabilities590.0M694.5M817.2M1.7B1.7B1.8B
Total Stockholder Equity1.3B1.7B2.1B2.7B3.4B3.6B
Other Liab3.1M47.6M67.7M85.6M98.5M103.4M
Property Plant And Equipment Net727.2M716.0M719.9M847.7M920.0M966.0M
Net Debt(65.2M)(397.8M)(635.4M)(1.3B)(1.8B)(1.7B)
Retained Earnings628.8M769.8M1.0B1.4B1.9B2.0B
Accounts Payable309.9M291.6M262.3M506.7M545.7M572.9M
Cash400.7M604.9M764.2M1.3B2.2B2.4B
Non Current Assets Total1.2B1.2B1.2B1.4B1.5B1.5B
Non Currrent Assets Other21.2M229.4M248.1M190.8M151.5M98.5M
Other Assets86.2M64.3M259.4M1.01.151.09
Cash And Short Term Investments400.7M606.5M804.3M1.5B2.3B2.5B
Net Receivables322.7M428.2M623.2M733.0M786.4M825.7M
Common Stock Shares Outstanding487.4M468.7M492.6M503.9M508.5M470.6M
Liabilities And Stockholders Equity2.3B2.6B3.1B4.6B5.7B6.0B
Non Current Liabilities Total383.1M185.7M188.1M117.7M525.8M552.1M
Inventory315.7M332.4M472.5M962.7M1.1B1.2B
Other Current Assets28.4M15.6M15.2M2.2M6.1M5.8M
Other Stockholder Equity335.1M583.8M723.9M735.9M919.0M965.0M
Total Liab973.2M880.2M1.0B1.8B2.2B2.4B
Total Current Assets1.1B1.4B1.9B3.2B4.2B4.4B
Intangible Assets171.6M167.2M202.6M196.5M216.0M226.8M
Common Stock206.7M214.6M219.8M335.1M505.0M530.3M
Property Plant Equipment727.2M716.0M719.9M847.7M974.9M1.0B
Net Tangible Assets1.1B1.5B1.9B2.5B2.9B3.0B
Short Term Investments(217.7M)1.6M40.0M147.1M89.4M93.9M
Deferred Long Term Liab493.6K140.2K56.6K27.1K24.4K23.2K
Short Long Term Debt Total335.6M207.1M128.8M31.8M433.9M235.6M
Long Term Debt335.6M118.0M98.9M387.0M445.0M467.3M
Net Invested Capital1.6B1.8B2.2B2.8B3.9B2.3B
Net Working Capital477.5M688.2M1.1B1.5B2.5B2.6B
Current Deferred Revenue100.3M304.4M496.6M1.1B1.1B580.2M
Short Long Term Debt0.071.0M3.0M27.8M43.1M64.9M
Capital Stock206.7M214.6M219.8M335.1M505.0M308.6M
Short Term Debt96.0M89.2M26.3M28.3M43.7M83.4M

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Other Information on Investing in Xian Stock

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