Ligao Non Current Assets Total vs Capital Stock Analysis

300973 Stock   35.86  0.17  0.47%   
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 Non Current Assets Total and its Capital Stock 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.

Non Current Assets Total vs Capital Stock

Non Current Assets Total vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Non Current Assets Total account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ligao Foods' Non Current Assets Total and Capital Stock is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Capital Stock 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' Non Current Assets Total and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Ligao Foods CoLtd are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Non Current Assets Total i.e., Ligao Foods' Non Current Assets Total and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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.