Bank Other Current Assets vs Retained Earnings Analysis

600928 Stock   3.83  0.02  0.52%   
Bank of XiAn financial indicator trend analysis is way more than just evaluating Bank of XiAn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of XiAn is a good investment. Please check the relationship between Bank of XiAn Other Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of XiAn. 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of XiAn Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Bank of XiAn's Other Current Assets and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Bank of XiAn, assuming nothing else is changed. The correlation between historical values of Bank of XiAn's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bank of XiAn are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Bank of XiAn's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Bank of XiAn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of XiAn 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 Bank of XiAn. 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 Selling General Administrative is expected to grow to about 1.3 B, whereas Tax Provision is projected to grow to (65.8 M).
 2021 2022 2023 2024 (projected)
Interest Income13.9B13.9B15.4B13.0B
Net Interest Income6.0B5.5B5.3B5.7B

Bank of XiAn fundamental ratios Correlations

0.680.990.97-0.190.980.850.990.190.98-0.820.37-0.910.781.0-0.870.850.620.860.920.590.730.910.870.910.84
0.680.620.82-0.590.780.860.620.420.78-0.85-0.06-0.750.420.67-0.850.40.050.940.690.040.730.680.770.680.53
0.990.620.95-0.140.970.781.00.180.97-0.780.41-0.870.750.99-0.830.880.670.80.910.630.680.90.830.890.82
0.970.820.95-0.340.990.920.940.240.99-0.910.27-0.930.740.97-0.950.750.460.950.910.430.820.910.930.90.79
-0.19-0.59-0.14-0.34-0.29-0.49-0.13-0.1-0.310.620.680.120.29-0.180.560.030.56-0.49-0.110.35-0.37-0.12-0.33-0.12-0.09
0.980.780.970.99-0.290.870.960.221.0-0.90.31-0.910.730.98-0.930.770.510.920.930.480.790.920.910.920.78
0.850.860.780.92-0.490.870.780.330.88-0.9-0.01-0.830.610.84-0.910.590.220.960.70.260.830.70.890.690.74
0.990.621.00.94-0.130.960.780.160.96-0.770.42-0.850.750.99-0.820.890.670.80.90.630.650.890.80.880.81
0.190.420.180.24-0.10.220.330.160.2-0.18-0.05-0.380.110.19-0.10.260.180.270.10.480.350.090.310.090.55
0.980.780.970.99-0.311.00.880.960.2-0.910.3-0.890.720.97-0.940.780.480.920.920.450.770.910.890.90.76
-0.82-0.85-0.78-0.910.62-0.9-0.9-0.77-0.18-0.91-0.010.77-0.5-0.810.98-0.51-0.09-0.94-0.76-0.14-0.84-0.75-0.89-0.75-0.59
0.37-0.060.410.270.680.31-0.010.42-0.050.3-0.01-0.450.750.38-0.070.490.690.080.520.540.060.530.210.530.32
-0.91-0.75-0.87-0.930.12-0.91-0.83-0.85-0.38-0.890.77-0.45-0.86-0.90.82-0.69-0.57-0.86-0.91-0.55-0.84-0.92-0.94-0.92-0.86
0.780.420.750.740.290.730.610.750.110.72-0.50.75-0.860.78-0.570.660.690.620.80.550.60.80.730.810.7
1.00.670.990.97-0.180.980.840.990.190.97-0.810.38-0.90.78-0.860.860.630.850.920.60.720.910.870.90.85
-0.87-0.85-0.83-0.950.56-0.93-0.91-0.82-0.1-0.940.98-0.070.82-0.57-0.86-0.56-0.18-0.95-0.83-0.18-0.83-0.83-0.91-0.83-0.62
0.850.40.880.750.030.770.590.890.260.78-0.510.49-0.690.660.86-0.560.730.570.710.790.330.710.540.70.81
0.620.050.670.460.560.510.220.670.180.48-0.090.69-0.570.690.63-0.180.730.220.610.850.220.60.360.590.65
0.860.940.80.95-0.490.920.960.80.270.92-0.940.08-0.860.620.85-0.950.570.220.80.180.820.80.890.790.66
0.920.690.910.91-0.110.930.70.90.10.92-0.760.52-0.910.80.92-0.830.710.610.80.480.71.00.851.00.7
0.590.040.630.430.350.480.260.630.480.45-0.140.54-0.550.550.6-0.180.790.850.180.480.270.470.390.460.81
0.730.730.680.82-0.370.790.830.650.350.77-0.840.06-0.840.60.72-0.830.330.220.820.70.270.70.970.70.69
0.910.680.90.91-0.120.920.70.890.090.91-0.750.53-0.920.80.91-0.830.710.60.81.00.470.70.851.00.7
0.870.770.830.93-0.330.910.890.80.310.89-0.890.21-0.940.730.87-0.910.540.360.890.850.390.970.850.850.79
0.910.680.890.9-0.120.920.690.880.090.9-0.750.53-0.920.810.9-0.830.70.590.791.00.460.71.00.850.71
0.840.530.820.79-0.090.780.740.810.550.76-0.590.32-0.860.70.85-0.620.810.650.660.70.810.690.70.790.71
Click cells to compare fundamentals

Bank of XiAn Account Relationship Matchups

Bank of XiAn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets278.3B306.4B345.9B405.8B432.2B338.8B
Other Current Liab834.3M1.2B1.1B628.3M722.6M802.8M
Total Current Liabilities247.2B273.2B314.0B369.7B425.1B288.9B
Total Stockholder Equity23.6B25.6B27.5B29.2B30.9B26.2B
Other Liab531.0M496.4M516.2M605.2M696.0M561.5M
Net Tangible Assets23.5B25.5B27.5B29.1B33.5B25.0B
Retained Earnings15.5B17.4B19.3B20.9B14.9B17.0B
Accounts Payable171.0B209.5B230.0B281.5B323.7B211.2B
Cash28.1B27.8B264.8B28.8B31.9B30.3B
Other Assets155.3B182.5B188.9B209.5B240.9B169.3B
Other Current Assets16.6B17.4B14.1B15.6B14.1B14.2B
Other Stockholder Equity29.7M43.4M59.0M123.7M142.3M149.4M
Total Liab254.6B280.8B318.3B376.6B401.3B312.6B
Deferred Long Term Liab37.3M37.2M42.9M32.0M28.8M38.6M
Long Term Investments15.6B96.0B129.1B149.6B178.6B106.0B
Total Current Assets46.1B45.5B55.9B60.7B69.8B53.1B
Intangible Assets70.8M86.1M81.4M80.1M73.0M72.4M
Property Plant Equipment409.7M380.1M728.0M665.7M765.5M576.0M
Net Debt45.8B23.8B41.6B37.5B33.1B36.0B
Net Invested Capital97.6B77.2B98.3B95.5B95.9B95.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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