Xiangyu Short Term Investments vs Non Current Assets Total 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 Short Term Investments and its Non Current Assets Total 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.
Short Term Investments vs Non Current Assets Total
Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiangyu Medical Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiangyu Medical's Short Term Investments and Non Current Assets Total is -0.95. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Assets Total 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 Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Xiangyu Medical Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Investments i.e., Xiangyu Medical's Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Xiangyu Medical balance sheet. It contains any investments Xiangyu Medical Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Xiangyu Medical can easily liquidate in the marketplace.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.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
Click cells to compare fundamentals
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.