300775 Total Current Liabilities vs Cash Analysis

300775 Stock   24.83  0.34  1.39%   
Xi An financial indicator trend analysis is more than just analyzing Xi An Triangle current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xi An Triangle is a good investment. Please check the relationship between Xi An Total Current Liabilities and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xi An Triangle. 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 Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xi An Triangle Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xi An's Total Current Liabilities and Cash is 0.97. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Xi An Triangle, assuming nothing else is changed. The correlation between historical values of Xi An's Total Current Liabilities and Cash 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 Liabilities of Xi An Triangle are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Xi An's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Xi An balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xi An Triangle are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Xi An Triangle, which is listed under current asset account on Xi An Triangle balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xi An customers. The amounts must be unrestricted with restricted cash listed in a different Xi An account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Xi An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xi An Triangle 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 Xi An Triangle. 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 Tax Provision is expected to grow to about 135.1 M. The current year's Selling General Administrative is expected to grow to about 43.8 M
 2021 2022 2023 2024 (projected)
Gross Profit547.0M866.9M1.1B1.1B
Total Revenue1.2B1.9B2.5B2.6B

Xi An fundamental ratios Correlations

0.88-0.30.990.990.8-0.68-0.820.990.770.990.75-0.120.990.970.860.77-0.360.980.971.00.970.710.740.81.0
0.880.050.920.830.78-0.35-0.470.870.460.850.780.020.840.890.910.49-0.110.790.940.850.920.520.390.760.88
-0.30.05-0.22-0.32-0.120.310.67-0.24-0.78-0.37-0.16-0.29-0.4-0.11-0.29-0.630.2-0.38-0.26-0.34-0.1-0.47-0.47-0.02-0.29
0.990.92-0.220.980.81-0.63-0.750.990.720.970.77-0.10.970.980.870.74-0.310.950.980.980.970.70.690.80.99
0.990.83-0.320.980.79-0.76-0.860.990.790.980.71-0.20.990.970.790.79-0.420.990.941.00.950.710.810.790.99
0.80.78-0.120.810.79-0.49-0.60.80.640.790.96-0.070.780.80.720.68-0.260.770.80.790.80.670.590.920.8
-0.68-0.350.31-0.63-0.76-0.490.78-0.73-0.67-0.67-0.280.65-0.68-0.7-0.28-0.730.56-0.75-0.52-0.72-0.62-0.61-0.91-0.5-0.68
-0.82-0.470.67-0.75-0.86-0.60.78-0.79-0.94-0.87-0.530.1-0.87-0.72-0.6-0.860.48-0.9-0.72-0.85-0.7-0.7-0.85-0.62-0.82
0.990.87-0.240.990.990.8-0.73-0.790.740.970.72-0.230.970.990.810.77-0.410.960.950.990.960.710.780.780.99
0.770.46-0.780.720.790.64-0.67-0.940.740.820.610.030.830.640.660.95-0.370.820.720.810.620.830.810.540.76
0.990.85-0.370.970.980.79-0.67-0.870.970.820.75-0.051.00.940.870.79-0.350.980.960.990.940.710.730.80.99
0.750.78-0.160.770.710.96-0.28-0.530.720.610.750.210.740.710.780.61-0.10.70.80.730.750.640.420.880.75
-0.120.02-0.29-0.1-0.2-0.070.650.1-0.230.03-0.050.21-0.07-0.270.25-0.130.49-0.130.03-0.15-0.14-0.05-0.5-0.08-0.11
0.990.84-0.40.970.990.78-0.68-0.870.970.831.00.74-0.070.940.860.8-0.390.990.960.990.940.70.750.780.99
0.970.89-0.110.980.970.8-0.7-0.720.990.640.940.71-0.270.940.780.67-0.40.940.930.970.980.620.730.820.97
0.860.91-0.290.870.790.72-0.28-0.60.810.660.870.780.250.860.780.62-0.050.780.950.840.820.620.390.640.85
0.770.49-0.630.740.790.68-0.73-0.860.770.950.790.61-0.130.80.670.62-0.30.790.720.810.620.950.860.510.75
-0.36-0.110.2-0.31-0.42-0.260.560.48-0.41-0.37-0.35-0.10.49-0.39-0.4-0.05-0.3-0.41-0.22-0.39-0.35-0.06-0.57-0.38-0.36
0.980.79-0.380.950.990.77-0.75-0.90.960.820.980.7-0.130.990.940.780.79-0.410.920.980.930.690.80.80.98
0.970.94-0.260.980.940.8-0.52-0.720.950.720.960.80.030.960.930.950.72-0.220.920.960.940.690.590.760.97
1.00.85-0.340.981.00.79-0.72-0.850.990.810.990.73-0.150.990.970.840.81-0.390.980.960.950.730.780.780.99
0.970.92-0.10.970.950.8-0.62-0.70.960.620.940.75-0.140.940.980.820.62-0.350.930.940.950.570.650.840.97
0.710.52-0.470.70.710.67-0.61-0.70.710.830.710.64-0.050.70.620.620.95-0.060.690.690.730.570.710.460.69
0.740.39-0.470.690.810.59-0.91-0.850.780.810.730.42-0.50.750.730.390.86-0.570.80.590.780.650.710.540.73
0.80.76-0.020.80.790.92-0.5-0.620.780.540.80.88-0.080.780.820.640.51-0.380.80.760.780.840.460.540.82
1.00.88-0.290.990.990.8-0.68-0.820.990.760.990.75-0.110.990.970.850.75-0.360.980.970.990.970.690.730.82
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Xi An Account Relationship Matchups

Xi An fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.6B4.1B7.0B8.4B8.8B
Short Long Term Debt Total659.3K209.2M762.1M813.4M2.1B2.3B
Other Current Liab(199.5M)11.4M(239.8M)(470.9M)55.5M58.3M
Total Current Liabilities415.9M592.3M839.9M1.4B1.9B2.0B
Total Stockholder Equity1.8B1.9B2.5B4.7B5.4B5.6B
Property Plant And Equipment Net613.1M680.8M736.1M917.3M1.4B804.0M
Net Debt(222.1M)(158.4M)(611.2M)(2.4B)(1.0B)(970.3M)
Retained Earnings448.3M583.2M913.9M1.4B2.1B2.2B
Accounts Payable381.8M369.8M733.6M1.2B703.5M436.0M
Cash222.7M367.5M1.4B3.2B3.2B3.3B
Non Current Assets Total637.4M755.3M885.6M1.3B1.9B953.3M
Non Currrent Assets Other938.2K2.7M72.8M255.9M20.5M19.4M
Cash And Short Term Investments637.7M367.5M1.5B3.2B3.2B3.3B
Net Receivables597.9M663.4M736.7M1.3B2.3B2.5B
Liabilities And Stockholders Equity2.3B2.6B4.1B7.0B8.4B8.8B
Non Current Liabilities Total76.9M76.3M834.8M901.5M1.0B1.1B
Inventory388.6M763.8M1.0B1.2B976.5M562.3M
Other Current Assets2.4M44.8M34.6M23.8M15.1M22.2M
Total Liab492.8M668.6M1.7B2.3B2.9B3.1B
Total Current Assets1.6B1.8B3.2B5.7B6.5B6.8B
Intangible Assets16.5M61.3M61.6M61.3M60.2M36.6M
Other Liab76.9M76.3M72.7M88.1M101.3M86.3M
Net Tangible Assets1.8B1.9B2.4B4.6B5.3B5.6B
Long Term Debt1.8M659.3K762.1M813.4M863.7M906.9M
Deferred Long Term Liab369.1K1.0M1.7M1.4M1.6M1.7M
Property Plant Equipment613.1M680.8M736.1M917.3M1.1B745.2M
Net Invested Capital1.8B1.9B3.2B5.5B6.8B3.4B
Net Working Capital1.2B1.2B2.4B4.3B4.6B2.4B

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Other Information on Investing in 300775 Stock

Balance Sheet is a snapshot of the financial position of Xi An Triangle at a specified time, usually calculated after every quarter, six months, or one year. Xi An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xi An 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 300775 currently owns. An asset can also be divided into two categories, current and non-current.