Xiangyu Non Current Liabilities Total vs Total Stockholder Equity Analysis
688626 Stock | 31.72 0.23 0.73% |
Xiangyu Medical financial indicator trend analysis is more than just analyzing Xiangyu Medical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangyu Medical is a good investment. Please check the relationship between Xiangyu Medical Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangyu Medical 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 Liabilities Total vs Total Stockholder Equity
Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiangyu Medical Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiangyu Medical's Non Current Liabilities Total and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Xiangyu Medical Co, assuming nothing else is changed. The correlation between historical values of Xiangyu Medical's Non Current Liabilities Total and Total Stockholder Equity 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 Liabilities Total of Xiangyu Medical Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Xiangyu Medical's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Xiangyu Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangyu Medical 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 Xiangyu Medical 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. As of November 29, 2024, Tax Provision is expected to decline to about 15 M. In addition to that, Selling General Administrative is expected to decline to about 143 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 24.0M | 26.6M | 29.8M | 21.5M | Tax Provision | 23.2M | 9.7M | 15.7M | 15.0M |
Xiangyu Medical fundamental ratios Correlations
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Xiangyu Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Xiangyu Stock
Balance Sheet is a snapshot of the financial position of Xiangyu Medical at a specified time, usually calculated after every quarter, six months, or one year. Xiangyu Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiangyu Medical 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 Xiangyu currently owns. An asset can also be divided into two categories, current and non-current.