Ligao Property Plant And Equipment Net vs Total Stockholder Equity 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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ligao Foods CoLtd Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ligao Foods' Property Plant And Equipment Net and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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' Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ligao Foods CoLtd are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Ligao Foods' Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.