Jiangsu Non Current Liabilities Total vs Net Debt 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 Non Current Liabilities Total and its Net Debt 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.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Yike Food Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Yike's Non Current Liabilities Total and Net Debt is 0.93. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt 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 Non Current Liabilities Total and Net Debt 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 Liabilities Total of Jiangsu Yike Food are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Jiangsu Yike's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
Click cells to compare fundamentals

Jiangsu Yike 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 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.