Ligao Capital Lease Obligations vs Property Plant And Equipment Gross Analysis

300973 Stock   34.38  0.68  2.02%   
Ligao Foods financial indicator trend analysis is infinitely more than just investigating Ligao Foods CoLtd recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ligao Foods CoLtd is a good investment. Please check the relationship between Ligao Foods Capital Lease Obligations and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ligao Foods CoLtd. 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.

Capital Lease Obligations vs Property Plant And Equipment Gross

Capital Lease Obligations vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Capital Lease Obligations account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Ligao Foods' Capital Lease Obligations and Property Plant And Equipment Gross is -0.78. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Ligao Foods CoLtd, assuming nothing else is changed. The correlation between historical values of Ligao Foods' Capital Lease Obligations and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Ligao Foods CoLtd are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Capital Lease Obligations i.e., Ligao Foods' Capital Lease Obligations and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Lease Obligations

Ligao Foods CoLtd capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Ligao Foods asset purchases. For example, Ligao Foods can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Ligao Foods control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Property Plant And Equipment Gross

Most indicators from Ligao Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ligao Foods CoLtd 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 Ligao Foods CoLtd. 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 35.8 M, whereas Selling General Administrative is forecasted to decline to about 428.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense245.4K1.6M12.7M13.4M
Interest Income7.4M13.4M4.7M6.5M

Ligao Foods fundamental ratios Correlations

-0.810.940.990.940.910.970.990.910.860.940.950.720.930.870.941.00.810.990.950.890.980.99-0.680.99-0.58
-0.81-0.82-0.85-0.95-0.82-0.77-0.83-0.91-0.98-0.87-0.83-0.52-0.86-0.64-0.67-0.79-1.0-0.78-0.83-0.72-0.78-0.780.48-0.770.46
0.94-0.820.960.951.00.840.970.880.860.990.950.580.980.810.810.920.830.890.950.780.970.96-0.690.96-0.5
0.99-0.850.960.970.940.960.990.950.880.970.980.660.970.830.880.980.840.970.980.870.970.98-0.630.97-0.54
0.94-0.950.950.970.950.890.950.970.960.980.960.60.980.770.80.920.940.910.960.820.920.93-0.60.92-0.52
0.91-0.821.00.940.950.810.950.870.840.990.940.520.980.770.760.890.830.860.940.740.950.94-0.650.93-0.46
0.97-0.770.840.960.890.810.930.920.810.860.920.730.870.820.920.980.750.990.920.910.90.93-0.580.93-0.58
0.99-0.830.970.990.950.950.930.90.870.970.950.690.950.860.920.990.830.970.950.860.990.99-0.710.99-0.56
0.91-0.910.880.950.970.870.920.90.910.920.950.550.950.70.740.90.90.910.950.820.850.87-0.450.86-0.47
0.86-0.980.860.880.960.840.810.870.910.890.870.660.880.760.750.840.970.830.870.820.830.84-0.620.84-0.61
0.94-0.870.990.970.980.990.860.970.920.890.970.560.990.780.790.920.880.890.970.780.950.95-0.630.94-0.48
0.95-0.830.950.980.960.940.920.950.950.870.970.660.980.840.810.940.820.941.00.880.930.96-0.640.95-0.6
0.72-0.520.580.660.60.520.730.690.550.660.560.660.530.940.820.740.460.750.660.920.690.74-0.880.76-0.95
0.93-0.860.980.970.980.980.870.950.950.880.990.980.530.760.760.910.870.90.980.790.920.94-0.570.92-0.47
0.87-0.640.810.830.770.770.820.860.70.760.780.840.940.760.890.870.60.860.840.950.870.91-0.930.92-0.89
0.94-0.670.810.880.80.760.920.920.740.750.790.810.820.760.890.950.660.950.810.860.920.92-0.750.94-0.63
1.0-0.790.920.980.920.890.980.990.90.840.920.940.740.910.870.950.780.990.940.890.970.98-0.680.98-0.59
0.81-1.00.830.840.940.830.750.830.90.970.880.820.460.870.60.660.780.770.820.670.790.77-0.450.76-0.4
0.99-0.780.890.970.910.860.990.970.910.830.890.940.750.90.860.950.990.770.940.910.950.96-0.640.97-0.6
0.95-0.830.950.980.960.940.920.950.950.870.971.00.660.980.840.810.940.820.940.880.930.96-0.640.95-0.6
0.89-0.720.780.870.820.740.910.860.820.820.780.880.920.790.950.860.890.670.910.880.820.89-0.780.89-0.87
0.98-0.780.970.970.920.950.90.990.850.830.950.930.690.920.870.920.970.790.950.930.820.99-0.740.99-0.55
0.99-0.780.960.980.930.940.930.990.870.840.950.960.740.940.910.920.980.770.960.960.890.99-0.761.0-0.63
-0.680.48-0.69-0.63-0.6-0.65-0.58-0.71-0.45-0.62-0.63-0.64-0.88-0.57-0.93-0.75-0.68-0.45-0.64-0.64-0.78-0.74-0.76-0.780.87
0.99-0.770.960.970.920.930.930.990.860.840.940.950.760.920.920.940.980.760.970.950.890.991.0-0.78-0.64
-0.580.46-0.5-0.54-0.52-0.46-0.58-0.56-0.47-0.61-0.48-0.6-0.95-0.47-0.89-0.63-0.59-0.4-0.6-0.6-0.87-0.55-0.630.87-0.64
Click cells to compare fundamentals

Ligao Foods Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Ligao Stock

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