Ligao Long Term Debt vs Property Plant And Equipment Net 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 Long Term Debt and its Property Plant And Equipment Net 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.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ligao Foods' Long Term Debt and Property Plant And Equipment Net is 0.84. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net 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' Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Ligao Foods CoLtd are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Ligao Foods' Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Ligao Foods CoLtd has held for over one year. Long-term debt appears on Ligao Foods CoLtd 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 Ligao Foods CoLtd 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

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Ligao Foods Account Relationship Matchups

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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.