Jiangsu Total Current Liabilities vs Capital Stock 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 Total Current Liabilities and its Capital Stock 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.

Total Current Liabilities vs Capital Stock

Total Current Liabilities vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Yike Food Total Current Liabilities account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Yike's Total Current Liabilities and Capital Stock is 0.82. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Stock 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 Total Current Liabilities 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 Total Current Liabilities of Jiangsu Yike Food 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 Total Current Liabilities i.e., Jiangsu Yike's Total Current Liabilities and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Jiangsu Yike balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jiangsu Yike Food are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Capital Stock

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