Xingguang Cost Of Revenue vs Reconciled Depreciation Analysis

603789 Stock

9.14 0.04 0.44%

Xingguang Agricultural financial indicator trend analysis is more than just analyzing Xingguang Agricultural current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xingguang Agricultural is a good investment. Please check the relationship between Xingguang Agricultural Cost Of Revenue and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xingguang Agricultural Mach. 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.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingguang Agricultural Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Xingguang Agricultural's Cost Of Revenue and Reconciled Depreciation is -0.28. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Xingguang Agricultural Mach, assuming nothing else is changed. The correlation between historical values of Xingguang Agricultural's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Xingguang Agricultural Mach are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Xingguang Agricultural's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cost Of Revenue

Cost of Revenue is found on Xingguang Agricultural income statement and represents the costs associated with goods and services Xingguang Agricultural provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from Xingguang Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xingguang Agricultural 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 Xingguang Agricultural Mach. 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 Tax Provision is expected to grow to about 7 M, whereas Selling General Administrative is forecasted to decline to about 43.4 M.

Xingguang Agricultural fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will	Non Current Liabilities Total	Long Term Investments
Total Assets		0.03	0.53	0.78	-0.01	0.15	-0.79	0.53	0.82	0.82	0.63	0.55	0.84	0.81	0.94	0.58	-0.45	-0.6	0.62	0.03	0.19	0.34	-0.48	-0.24	0.32	0.55
Other Current Liab	0.03		0.38	-0.2	-0.22	0.25	-0.09	0.22	0.17	0.06	0.29	0.33	0.08	0.1	-0.04	0.0	-0.2	-0.17	0.22	-0.29	-0.02	-0.18	-0.42	-0.29	0.1	0.16
Total Current Liabilities	0.53	0.38		-0.08	-0.6	0.58	-0.72	0.73	0.67	0.82	0.28	0.99	0.63	0.72	0.52	0.69	-0.81	-0.75	0.87	-0.55	-0.24	-0.03	-0.63	-0.65	0.59	0.86
Total Stockholder Equity	0.78	-0.2	-0.08		0.54	-0.2	-0.38	0.0	0.48	0.37	0.59	-0.06	0.51	0.41	0.7	0.15	0.11	-0.1	0.07	0.51	0.5	0.55	-0.01	0.29	-0.2	0.0
Retained Earnings	-0.01	-0.22	-0.6	0.54		-0.09	0.47	-0.81	-0.17	-0.45	0.19	-0.63	-0.21	-0.45	-0.09	-0.32	0.84	0.6	-0.68	0.88	0.83	0.68	0.5	0.9	-0.8	-0.65
Accounts Payable	0.15	0.25	0.58	-0.2	-0.09		0.01	0.14	0.13	0.27	-0.11	0.54	0.17	0.05	0.04	0.34	-0.13	-0.12	0.17	-0.1	0.2	0.24	-0.26	0.02	0.24	0.26
Cash	-0.79	-0.09	-0.72	-0.38	0.47	0.01		-0.82	-0.82	-0.91	-0.53	-0.75	-0.84	-0.94	-0.88	-0.58	0.84	0.83	-0.91	0.37	0.31	0.03	0.53	0.69	-0.52	-0.81
Other Assets	0.53	0.22	0.73	0.0	-0.81	0.14	-0.82		0.52	0.79	0.16	0.76	0.63	0.8	0.62	0.42	-0.94	-0.77	0.87	-0.67	-0.66	-0.42	-0.61	-0.89	0.79	0.77
Net Receivables	0.82	0.17	0.67	0.48	-0.17	0.13	-0.82	0.52		0.76	0.67	0.67	0.84	0.81	0.84	0.79	-0.54	-0.85	0.78	-0.23	0.09	0.28	-0.61	-0.42	0.34	0.74
Inventory	0.82	0.06	0.82	0.37	-0.45	0.27	-0.91	0.79	0.76		0.48	0.85	0.82	0.93	0.83	0.62	-0.82	-0.78	0.89	-0.36	-0.21	0.12	-0.52	-0.58	0.56	0.87
Other Current Assets	0.63	0.29	0.28	0.59	0.19	-0.11	-0.53	0.16	0.67	0.48		0.28	0.39	0.44	0.61	0.31	-0.16	-0.38	0.38	0.04	0.41	0.26	-0.33	-0.13	-0.1	0.4
Total Liab	0.55	0.33	0.99	-0.06	-0.63	0.54	-0.75	0.76	0.67	0.85	0.28		0.64	0.77	0.56	0.7	-0.85	-0.77	0.9	-0.57	-0.27	-0.04	-0.67	-0.69	0.64	0.9
Intangible Assets	0.84	0.08	0.63	0.51	-0.21	0.17	-0.84	0.63	0.84	0.82	0.39	0.64		0.89	0.85	0.56	-0.62	-0.79	0.75	-0.12	-0.14	0.32	-0.41	-0.4	0.37	0.65
Common Stock	0.81	0.1	0.72	0.41	-0.45	0.05	-0.94	0.8	0.81	0.93	0.44	0.77	0.89		0.86	0.62	-0.82	-0.86	0.92	-0.38	-0.3	0.12	-0.57	-0.63	0.56	0.84
Property Plant Equipment	0.94	-0.04	0.52	0.7	-0.09	0.04	-0.88	0.62	0.84	0.83	0.61	0.56	0.85	0.86		0.57	-0.55	-0.68	0.71	-0.06	0.04	0.25	-0.5	-0.38	0.37	0.62
Other Liab	0.58	0.0	0.69	0.15	-0.32	0.34	-0.58	0.42	0.79	0.62	0.31	0.7	0.56	0.62	0.57		-0.49	-0.75	0.68	-0.45	0.08	0.2	-0.69	-0.36	0.56	0.76
Net Tangible Assets	-0.45	-0.2	-0.81	0.11	0.84	-0.13	0.84	-0.94	-0.54	-0.82	-0.16	-0.85	-0.62	-0.82	-0.55	-0.49		0.8	-0.94	0.72	0.67	0.33	0.53	0.89	-0.71	-0.86
Short Term Investments	-0.6	-0.17	-0.75	-0.1	0.6	-0.12	0.83	-0.77	-0.85	-0.78	-0.38	-0.77	-0.79	-0.86	-0.68	-0.75	0.8		-0.92	0.65	0.39	0.03	0.66	0.72	-0.63	-0.9
Other Stockholder Equity	0.62	0.22	0.87	0.07	-0.68	0.17	-0.91	0.87	0.78	0.89	0.38	0.9	0.75	0.92	0.71	0.68	-0.94	-0.92		-0.62	-0.43	-0.12	-0.68	-0.82	0.68	0.95
Deferred Long Term Liab	0.03	-0.29	-0.55	0.51	0.88	-0.1	0.37	-0.67	-0.23	-0.36	0.04	-0.57	-0.12	-0.38	-0.06	-0.45	0.72	0.65	-0.62		0.67	0.53	0.52	0.77	-0.69	-0.68
Total Current Assets	0.19	-0.02	-0.24	0.5	0.83	0.2	0.31	-0.66	0.09	-0.21	0.41	-0.27	-0.14	-0.3	0.04	0.08	0.67	0.39	-0.43	0.67		0.66	0.06	0.72	-0.49	-0.33
Non Current Assets Total	0.34	-0.18	-0.03	0.55	0.68	0.24	0.03	-0.42	0.28	0.12	0.26	-0.04	0.32	0.12	0.25	0.2	0.33	0.03	-0.12	0.53	0.66		0.2	0.64	-0.43	-0.03
Non Currrent Assets Other	-0.48	-0.42	-0.63	-0.01	0.5	-0.26	0.53	-0.61	-0.61	-0.52	-0.33	-0.67	-0.41	-0.57	-0.5	-0.69	0.53	0.66	-0.68	0.52	0.06	0.2		0.64	-0.8	-0.69
Good Will	-0.24	-0.29	-0.65	0.29	0.9	0.02	0.69	-0.89	-0.42	-0.58	-0.13	-0.69	-0.4	-0.63	-0.38	-0.36	0.89	0.72	-0.82	0.77	0.72	0.64	0.64		-0.76	-0.74
Non Current Liabilities Total	0.32	0.1	0.59	-0.2	-0.8	0.24	-0.52	0.79	0.34	0.56	-0.1	0.64	0.37	0.56	0.37	0.56	-0.71	-0.63	0.68	-0.69	-0.49	-0.43	-0.8	-0.76		0.68
Long Term Investments	0.55	0.16	0.86	0.0	-0.65	0.26	-0.81	0.77	0.74	0.87	0.4	0.9	0.65	0.84	0.62	0.76	-0.86	-0.9	0.95	-0.68	-0.33	-0.03	-0.69	-0.74	0.68

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Xingguang Agricultural Account Relationship Matchups

Xingguang Agricultural fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.4B	1.3B	1.1B	1.3B	1.4B
Other Current Liab	44.9M	45.0M	272.4M	4.5M	60.8M	66.9M
Total Current Liabilities	555.3M	453.8M	613.5M	519.1M	697.5M	449.4M
Total Stockholder Equity	1.0B	786.1M	618.1M	468.0M	419.2M	596.8M
Retained Earnings	248.6M	(28.9M)	(185.1M)	(403.1M)	(458.8M)	(435.9M)
Accounts Payable	245.5M	156.5M	230.8M	143.5M	296.3M	228.1M
Cash	163.2M	91.1M	131.0M	73.1M	116.1M	206.5M
Other Assets	38.3M	20.5M	49.3M	69.2M	79.6M	83.6M
Net Receivables	636.0M	499.5M	409.8M	257.2M	231.7M	265.6M
Inventory	160.8M	152.9M	149.1M	169.1M	230.4M	133.7M
Other Current Assets	51.7M	56.5M	62.7M	21.1M	10.9M	10.4M
Total Liab	605.1M	524.8M	668.9M	562.3M	833.0M	494.3M
Intangible Assets	97.3M	92.3M	88.2M	87.3M	90.0M	86.5M
Property Plant Equipment	398.3M	384.1M	321.1M	272.9M	313.8M	314.3M
Other Liab	30.8M	39.8M	30.9M	29.2M	33.6M	32.3M
Net Tangible Assets	800.3M	677.5M	514.0M	364.8M	328.3M	578.1M
Other Stockholder Equity	14.8M	16.5M	18.1M	18.8M	21.6M	15.5M
Deferred Long Term Liab	9.2M	8.4M	9.7M	3.9M	3.5M	3.4M
Total Current Assets	1.0B	820.0M	759.9M	529.7M	678.3M	644.2M
Non Current Assets Total	702.5M	581.1M	571.9M	546.0M	618.3M	504.1M
Non Currrent Assets Other	3.6M	1.7M	1.2M	21.1M	352.8K	335.1K
Non Current Liabilities Total	49.8M	71.0M	55.4M	43.1M	135.5M	142.3M
Non Current Liabilities Other	10.9M	6.3M	6.3M	5.2M	4.7M	6.1M
Net Invested Capital	1.2B	910.8M	721.4M	578.1M	598.2M	699.1M
Net Working Capital	461.5M	366.2M	146.4M	10.6M	(19.2M)	(18.2M)
Short Long Term Debt	98.4M	84.7M	78.6M	91.5M	112.7M	93.7M

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Other Information on Investing in Xingguang Stock

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

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Xingguang Cost Of Revenue vs Reconciled Depreciation Analysis

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Reconciled Depreciation

Xingguang Agricultural fundamental ratios Correlations

Xingguang Agricultural Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xingguang Agricultural fundamental ratios Accounts

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Other Information on Investing in Xingguang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Long Term Investments	+ 0.95	Other Stockholder Equity
Property Plant Equipment	+ 0.94	Total Assets
Common Stock	+ 0.93	Inventory
Other Stockholder Equity	+ 0.92	Common Stock
Good Will	+ 0.9	Retained Earnings

Other Stockholder Equity	- 0.94	Net Tangible Assets
Net Tangible Assets	- 0.94	Other Assets
Common Stock	- 0.94	Cash
Other Stockholder Equity	- 0.92	Short Term Investments
Other Stockholder Equity	- 0.91	Cash
Inventory	- 0.91	Cash