Xinke Net Receivables vs Long Term Debt Analysis

600255 Stock

2.34 0.02 0.86%

Xinke Material financial indicator trend analysis is more than just analyzing Xinke Material current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinke Material is a good investment. Please check the relationship between Xinke Material Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinke Material. 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinke Material Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Xinke Material's Net Receivables and Long Term Debt is 0.35. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Xinke Material, assuming nothing else is changed. The correlation between historical values of Xinke Material's Net Receivables and Long Term 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 Net Receivables of Xinke Material are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Xinke Material's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Long Term Debt

Long-term debt is a debt that Xinke Material has held for over one year. Long-term debt appears on Xinke Material 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 Xinke Material 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.

Most indicators from Xinke Material's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinke Material 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 Xinke Material. 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.

As of November 30, 2024, Selling General Administrative is expected to decline to about 40.6 M. In addition to that, Discontinued Operations is expected to decline to -1,162

	2021	2023	2024 (projected)
Other Operating Expenses	13.7M	12.3M	14.4M
Gross Profit	399.5M	229.4M	245.1M

Other Operating Expenses Gross Profit

Xinke Material fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Good Will	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.35	0.75	0.89	-0.04	0.17	0.58	0.33	0.06	0.9	-0.55	0.92	0.74	0.78	0.4	0.65	0.86	0.27	-0.06	0.44	-0.49	-0.53	0.24	0.33	-0.1	0.5
Other Current Liab	0.35		0.58	0.13	-0.1	-0.39	0.61	0.1	0.05	0.24	-0.11	0.45	0.19	0.56	0.25	0.54	0.33	-0.37	-0.55	0.12	-0.47	-0.11	-0.35	-0.41	0.22	0.19
Total Current Liabilities	0.75	0.58		0.39	0.25	-0.42	0.88	0.41	0.22	0.51	-0.57	0.79	0.3	0.97	0.58	0.79	0.73	-0.23	-0.59	0.04	-0.65	-0.18	-0.34	-0.21	0.1	0.41
Total Stockholder Equity	0.89	0.13	0.39		-0.29	0.53	0.21	0.27	-0.06	0.94	-0.47	0.73	0.79	0.42	0.13	0.38	0.76	0.56	0.34	0.49	-0.2	-0.54	0.55	0.56	-0.2	0.29
Other Liab	-0.04	-0.1	0.25	-0.29		-0.71	0.38	-0.16	0.2	-0.26	0.03	0.06	-0.41	0.3	0.8	0.51	-0.05	-0.55	-0.64	-0.02	-0.43	-0.18	-0.66	-0.43	0.01	0.44
Retained Earnings	0.17	-0.39	-0.42	0.53	-0.71		-0.64	0.11	-0.06	0.38	-0.07	0.03	0.5	-0.38	-0.62	-0.54	0.06	0.89	0.94	0.33	0.56	-0.12	0.97	0.87	-0.33	-0.14
Accounts Payable	0.58	0.61	0.88	0.21	0.38	-0.64		0.04	-0.02	0.39	-0.2	0.64	0.15	0.87	0.69	0.83	0.57	-0.57	-0.78	-0.04	-0.83	-0.19	-0.54	-0.41	0.23	0.41
Cash	0.33	0.1	0.41	0.27	-0.16	0.11	0.04		0.45	0.19	-0.91	0.19	0.23	0.32	-0.13	0.09	0.43	0.48	0.13	-0.11	0.18	0.15	0.05	-0.03	0.12	-0.18
Other Assets	0.06	0.05	0.22	-0.06	0.2	-0.06	-0.02	0.45		-0.11	-0.43	0.1	0.0	0.2	0.14	0.12	0.04	0.19	-0.01	-0.1	0.02	0.07	-0.05	-0.08	0.11	0.04
Net Receivables	0.9	0.24	0.51	0.94	-0.26	0.38	0.39	0.19	-0.11		-0.44	0.8	0.69	0.51	0.17	0.46	0.72	0.35	0.18	0.38	-0.38	-0.51	0.43	0.42	-0.15	0.26
Short Term Investments	-0.55	-0.11	-0.57	-0.47	0.03	-0.07	-0.2	-0.91	-0.43	-0.44		-0.44	-0.29	-0.49	-0.1	-0.33	-0.6	-0.43	-0.05	-0.01	0.08	0.11	-0.02	-0.01	0.02	0.02
Inventory	0.92	0.45	0.79	0.73	0.06	0.03	0.64	0.19	0.1	0.8	-0.44		0.67	0.85	0.43	0.62	0.67	0.07	-0.24	0.48	-0.62	-0.56	0.15	0.27	-0.17	0.65
Other Current Assets	0.74	0.19	0.3	0.79	-0.41	0.5	0.15	0.23	0.0	0.69	-0.29	0.67		0.39	-0.1	0.15	0.53	0.53	0.26	0.63	-0.22	-0.56	0.59	0.55	0.07	0.45
Total Liab	0.78	0.56	0.97	0.42	0.3	-0.38	0.87	0.32	0.2	0.51	-0.49	0.85	0.39		0.61	0.78	0.69	-0.21	-0.6	0.21	-0.69	-0.32	-0.28	-0.1	0.05	0.6
Intangible Assets	0.4	0.25	0.58	0.13	0.8	-0.62	0.69	-0.13	0.14	0.17	-0.1	0.43	-0.1	0.61		0.88	0.4	-0.49	-0.67	0.1	-0.67	-0.36	-0.57	-0.35	-0.06	0.51
Common Stock	0.65	0.54	0.79	0.38	0.51	-0.54	0.83	0.09	0.12	0.46	-0.33	0.62	0.15	0.78	0.88		0.66	-0.39	-0.65	0.15	-0.76	-0.42	-0.5	-0.37	0.12	0.44
Property Plant Equipment	0.86	0.33	0.73	0.76	-0.05	0.06	0.57	0.43	0.04	0.72	-0.6	0.67	0.53	0.69	0.4	0.66		0.23	-0.08	0.13	-0.33	-0.24	0.08	0.13	-0.06	0.22
Long Term Debt	0.27	-0.37	-0.23	0.56	-0.55	0.89	-0.57	0.48	0.19	0.35	-0.43	0.07	0.53	-0.21	-0.49	-0.39	0.23		0.85	0.33	0.54	-0.15	0.82	0.76	-0.28	-0.1
Net Tangible Assets	-0.06	-0.55	-0.59	0.34	-0.64	0.94	-0.78	0.13	-0.01	0.18	-0.05	-0.24	0.26	-0.6	-0.67	-0.65	-0.08	0.85		0.08	0.73	0.09	0.88	0.72	-0.3	-0.39
Good Will	0.44	0.12	0.04	0.49	-0.02	0.33	-0.04	-0.11	-0.1	0.38	-0.01	0.48	0.63	0.21	0.1	0.15	0.13	0.33	0.08		-0.25	-0.87	0.39	0.53	-0.17	0.77
Other Stockholder Equity	-0.49	-0.47	-0.65	-0.2	-0.43	0.56	-0.83	0.18	0.02	-0.38	0.08	-0.62	-0.22	-0.69	-0.67	-0.76	-0.33	0.54	0.73	-0.25		0.58	0.47	0.35	-0.16	-0.56
Long Term Investments	-0.53	-0.11	-0.18	-0.54	-0.18	-0.12	-0.19	0.15	0.07	-0.51	0.11	-0.56	-0.56	-0.32	-0.36	-0.42	-0.24	-0.15	0.09	-0.87	0.58		-0.17	-0.31	0.13	-0.74
Total Current Assets	0.24	-0.35	-0.34	0.55	-0.66	0.97	-0.54	0.05	-0.05	0.43	-0.02	0.15	0.59	-0.28	-0.57	-0.5	0.08	0.82	0.88	0.39	0.47	-0.17		0.91	-0.3	-0.01
Non Current Assets Total	0.33	-0.41	-0.21	0.56	-0.43	0.87	-0.41	-0.03	-0.08	0.42	-0.01	0.27	0.55	-0.1	-0.35	-0.37	0.13	0.76	0.72	0.53	0.35	-0.31	0.91		-0.46	0.28
Non Currrent Assets Other	-0.1	0.22	0.1	-0.2	0.01	-0.33	0.23	0.12	0.11	-0.15	0.02	-0.17	0.07	0.05	-0.06	0.12	-0.06	-0.28	-0.3	-0.17	-0.16	0.13	-0.3	-0.46		-0.13
Non Current Liabilities Total	0.5	0.19	0.41	0.29	0.44	-0.14	0.41	-0.18	0.04	0.26	0.02	0.65	0.45	0.6	0.51	0.44	0.22	-0.1	-0.39	0.77	-0.56	-0.74	-0.01	0.28	-0.13

Click cells to compare fundamentals

Xinke Material Account Relationship Matchups

Xinke Material fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.1B	3.4B	3.9B	3.8B	2.9B
Other Current Liab	219.6M	168.7M	198.9M	92.7M	72.7M	97.2M
Total Current Liabilities	1.7B	1.7B	1.7B	1.9B	1.9B	1.3B
Total Stockholder Equity	1.0B	1.2B	1.3B	1.4B	1.4B	1.5B
Other Liab	10.2M	37.2M	76.4M	109.3M	125.7M	132.0M
Retained Earnings	(1.9B)	(1.8B)	(1.8B)	(1.7B)	(1.8B)	(1.7B)
Accounts Payable	1.1B	1.1B	1.0B	1.2B	1.2B	594.3M
Cash	805.9M	904.0M	810.5M	840.0M	700.0M	752.7M
Other Assets	17.9M	63.9M	111.4M	61.7M	71.0M	51.5M
Net Receivables	325.6M	380.1M	368.2M	355.5M	414.3M	396.3M
Inventory	398.1M	371.0M	565.7M	584.8M	518.7M	395.8M
Other Current Assets	67.4M	182.0M	118.7M	157.6M	30.6M	29.1M
Total Liab	1.7B	1.7B	1.8B	2.1B	2.1B	1.3B
Intangible Assets	42.9M	36.4M	57.1M	86.9M	84.4M	88.7M
Property Plant Equipment	1.1B	962.4M	888.3M	960.8M	1.1B	740.7M
Net Tangible Assets	1.6B	994.5M	1.1B	1.2B	1.1B	1.4B
Total Current Assets	1.6B	1.9B	1.9B	2.0B	1.8B	1.8B
Non Current Assets Total	1.3B	1.3B	1.4B	1.9B	2.0B	1.5B
Non Currrent Assets Other	8.4M	946.9M	106.0M	43.4M	50.4M	47.8M
Non Current Liabilities Total	10.2M	37.2M	121.5M	207.7M	250.0M	159.2M
Short Long Term Debt	354M	375.5M	498.4M	478.3M	537.5M	497.8M
Net Invested Capital	1.4B	1.6B	1.8B	2.0B	2.0B	1.8B
Net Working Capital	(123.4M)	181.5M	219.9M	89.6M	(57.3M)	(54.5M)

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

Other Information on Investing in Xinke Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Xinke Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

Xinke Material fundamental ratios Correlations

Xinke Material Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinke Material fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Xinke Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.97	Retained Earnings
Net Receivables	+ 0.94	Total Stockholder Equity
Net Tangible Assets	+ 0.94	Retained Earnings
Inventory	+ 0.92	Total Assets
Non Current Assets Total	+ 0.91	Total Current Assets

Short Term Investments	- 0.91	Cash
Long Term Investments	- 0.87	Good Will
Other Stockholder Equity	- 0.83	Accounts Payable
Net Tangible Assets	- 0.78	Accounts Payable
Other Stockholder Equity	- 0.76	Common Stock
Non Current Liabilities Total	- 0.74	Long Term Investments