Xiamen Non Current Assets Total vs Cash Analysis

601187 Stock   5.56  0.03  0.54%   
Xiamen Bank financial indicator trend analysis is more than just analyzing Xiamen Bank current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Bank is a good investment. Please check the relationship between Xiamen Bank Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Bank Co. 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Bank Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xiamen Bank's Non Current Assets Total and Cash is 0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Xiamen Bank Co, assuming nothing else is changed. The correlation between historical values of Xiamen Bank's Non Current Assets Total and Cash 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 Assets Total of Xiamen Bank Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Xiamen Bank's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Xiamen Bank, which is listed under current asset account on Xiamen Bank Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xiamen Bank customers. The amounts must be unrestricted with restricted cash listed in a different Xiamen Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Xiamen Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Bank 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 Xiamen Bank Co. 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 2.3 B, whereas Tax Provision is projected to grow to (105.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense6.9B7.5B8.2B8.6B
Depreciation And Amortization108.4M259.6M298.6M313.5M

Xiamen Bank fundamental ratios Correlations

0.990.740.910.960.820.950.850.960.20.870.991.00.950.80.970.65-0.140.830.670.80.820.81
0.990.680.920.980.740.940.80.960.110.841.00.980.970.740.970.72-0.070.880.740.840.880.86
0.740.680.540.610.80.650.710.640.480.70.710.740.60.840.620.51-0.050.630.440.640.560.56
0.910.920.540.920.680.830.760.850.090.810.910.910.90.690.960.68-0.060.760.70.670.780.74
0.960.980.610.920.640.910.70.94-0.040.840.970.950.960.660.960.74-0.110.910.760.860.90.89
0.820.740.80.680.640.710.870.710.580.640.780.820.670.820.730.4-0.010.470.410.440.490.46
0.950.940.650.830.910.710.80.990.140.90.950.950.910.770.950.56-0.120.790.570.810.760.77
0.850.80.710.760.70.870.80.810.480.660.820.850.70.750.820.56-0.050.610.580.550.60.63
0.960.960.640.850.940.710.990.810.130.880.970.960.920.740.960.63-0.070.830.650.830.810.81
0.20.110.480.09-0.040.580.140.480.130.10.160.210.030.40.12-0.040.05-0.08-0.06-0.08-0.08-0.08
0.870.840.70.810.840.640.90.660.880.10.870.880.840.860.90.44-0.180.690.40.730.640.61
0.991.00.710.910.970.780.950.820.970.160.870.990.960.780.980.67-0.090.860.690.830.850.83
1.00.980.740.910.950.820.950.850.960.210.880.990.950.810.970.64-0.140.820.660.790.810.8
0.950.970.60.90.960.670.910.70.920.030.840.960.950.710.950.65-0.090.860.660.830.880.8
0.80.740.840.690.660.820.770.750.740.40.860.780.810.710.760.39-0.010.540.320.550.520.43
0.970.970.620.960.960.730.950.820.960.120.90.980.970.950.760.65-0.10.810.660.770.80.78
0.650.720.510.680.740.40.560.560.63-0.040.440.670.640.650.390.650.230.880.980.720.890.88
-0.14-0.07-0.05-0.06-0.11-0.01-0.12-0.05-0.070.05-0.18-0.09-0.14-0.09-0.01-0.10.23-0.010.190.00.15-0.04
0.830.880.630.760.910.470.790.610.83-0.080.690.860.820.860.540.810.88-0.010.870.950.960.97
0.670.740.440.70.760.410.570.580.65-0.060.40.690.660.660.320.660.980.190.870.70.890.89
0.80.840.640.670.860.440.810.550.83-0.080.730.830.790.830.550.770.720.00.950.70.880.92
0.820.880.560.780.90.490.760.60.81-0.080.640.850.810.880.520.80.890.150.960.890.880.92
0.810.860.560.740.890.460.770.630.81-0.080.610.830.80.80.430.780.88-0.040.970.890.920.92
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Xiamen Bank Account Relationship Matchups

Xiamen Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets246.9B285.2B329.5B371.2B390.7B410.2B
Total Stockholder Equity15.3B19.4B22.8B24.2B29.9B31.4B
Property Plant And Equipment Net661.5M679.5M858.7M976.1M1.1B610.3M
Net Debt26.0B30.9B19.6B35.1B49.0B51.4B
Retained Earnings3.8B4.7B5.6B6.7B7.9B8.3B
Cash33.5B37.5B59.9B53.8B54.6B57.3B
Other Assets116.2B149.7B173.1B213.7B245.8B258.1B
Cash And Short Term Investments33.5B37.5B59.9B53.8B61.9B64.9B
Common Stock Shares Outstanding2.4B2.4B2.7B2.8B2.6B2.1B
Liabilities And Stockholders Equity246.9B285.2B329.5B371.2B426.9B448.2B
Other Stockholder Equity9.1B12.0B14.5B14.8B17.0B17.9B
Total Liab231.3B265.5B306.2B346.5B360.1B378.2B
Intangible Assets223.1M507.3M479.9M462.1M551.8M579.4M
Short Long Term Debt Total59.5B68.5B79.5B88.9B102.2B107.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Xiamen Stock

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