Jiangsu Long Term Debt vs Property Plant And Equipment Net Analysis

301116 Stock   13.69  0.30  2.24%   
Jiangsu Yike financial indicator trend analysis is infinitely more than just investigating Jiangsu Yike Food recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Yike Food is a good investment. Please check the relationship between Jiangsu Yike 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 Jiangsu Yike Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 Jiangsu Yike Food Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Yike's Long Term Debt and Property Plant And Equipment Net is 0.93. 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 Jiangsu Yike Food, assuming nothing else is changed. The correlation between historical values of Jiangsu Yike's 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 Jiangsu Yike Food 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., Jiangsu Yike's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Jiangsu Yike Food has held for over one year. Long-term debt appears on Jiangsu Yike Food 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 Jiangsu Yike Food 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 Jiangsu Yike's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Yike Food 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 Jiangsu Yike Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 270.1 M, whereas Tax Provision is projected to grow to (345.1 K).
 2021 2022 2023 2024 (projected)
Interest Expense51.4M72.8M71.4M65.7M
Interest Income1.4M4.2M2.8M5.3M

Jiangsu Yike fundamental ratios Correlations

-0.911.00.960.630.9-0.540.96-0.240.910.80.970.90.991.01.00.980.930.8-0.350.970.920.970.97-0.960.75
-0.91-0.88-0.79-0.69-0.770.69-0.97-0.08-0.79-0.58-0.97-0.67-0.87-0.93-0.89-0.92-0.72-0.580.62-0.97-0.76-0.83-0.840.84-0.62
1.0-0.880.960.60.9-0.50.95-0.290.910.820.960.911.00.991.00.980.950.82-0.320.960.930.980.97-0.970.76
0.96-0.790.960.620.95-0.510.86-0.270.910.810.860.970.960.930.950.890.980.81-0.110.880.890.930.92-0.890.66
0.63-0.690.60.620.79-0.790.6-0.040.80.110.630.540.620.620.610.550.590.11-0.160.690.470.610.66-0.610.21
0.9-0.770.90.950.79-0.70.79-0.240.970.60.810.940.920.870.890.810.950.60.010.840.750.880.89-0.840.45
-0.540.69-0.5-0.51-0.79-0.7-0.53-0.34-0.660.0-0.57-0.48-0.53-0.54-0.5-0.46-0.480.00.12-0.59-0.19-0.42-0.460.40.1
0.96-0.970.950.860.60.79-0.53-0.090.810.751.00.760.940.980.960.980.810.75-0.580.990.890.910.91-0.920.78
-0.24-0.08-0.29-0.27-0.04-0.24-0.34-0.09-0.38-0.34-0.13-0.37-0.32-0.22-0.29-0.26-0.42-0.34-0.31-0.11-0.42-0.45-0.450.47-0.41
0.91-0.790.910.910.80.97-0.660.81-0.380.580.850.910.940.890.910.850.940.58-0.060.860.780.930.95-0.910.52
0.8-0.580.820.810.110.60.00.75-0.340.580.720.790.80.780.820.80.791.0-0.250.710.90.80.75-0.770.87
0.97-0.970.960.860.630.81-0.571.0-0.130.850.720.770.950.990.970.990.820.72-0.540.990.870.930.93-0.930.74
0.9-0.670.910.970.540.94-0.480.76-0.370.910.790.770.930.860.90.820.990.790.080.780.820.890.88-0.850.57
0.99-0.871.00.960.620.92-0.530.94-0.320.940.80.950.930.991.00.970.960.8-0.270.950.920.980.98-0.970.73
1.0-0.930.990.930.620.87-0.540.98-0.220.890.780.990.860.990.990.990.90.78-0.420.980.920.970.96-0.960.76
1.0-0.891.00.950.610.89-0.50.96-0.290.910.820.970.91.00.990.980.940.82-0.340.970.930.980.98-0.970.77
0.98-0.920.980.890.550.81-0.460.98-0.260.850.80.990.820.970.990.980.870.8-0.480.970.930.970.96-0.970.81
0.93-0.720.950.980.590.95-0.480.81-0.420.940.790.820.990.960.90.940.870.790.010.830.860.940.94-0.910.62
0.8-0.580.820.810.110.60.00.75-0.340.581.00.720.790.80.780.820.80.79-0.250.710.90.80.75-0.770.87
-0.350.62-0.32-0.11-0.160.010.12-0.58-0.31-0.06-0.25-0.540.08-0.27-0.42-0.34-0.480.01-0.25-0.53-0.38-0.28-0.270.34-0.55
0.97-0.970.960.880.690.84-0.590.99-0.110.860.710.990.780.950.980.970.970.830.71-0.530.880.930.93-0.930.74
0.92-0.760.930.890.470.75-0.190.89-0.420.780.90.870.820.920.920.930.930.860.9-0.380.880.950.93-0.940.93
0.97-0.830.980.930.610.88-0.420.91-0.450.930.80.930.890.980.970.980.970.940.8-0.280.930.951.0-1.00.79
0.97-0.840.970.920.660.89-0.460.91-0.450.950.750.930.880.980.960.980.960.940.75-0.270.930.931.0-1.00.76
-0.960.84-0.97-0.89-0.61-0.840.4-0.920.47-0.91-0.77-0.93-0.85-0.97-0.96-0.97-0.97-0.91-0.770.34-0.93-0.94-1.0-1.0-0.81
0.75-0.620.760.660.210.450.10.78-0.410.520.870.740.570.730.760.770.810.620.87-0.550.740.930.790.76-0.81
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Jiangsu Yike Account Relationship Matchups

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Other Information on Investing in Jiangsu Stock

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