XCMG Total Stockholder Equity vs Long Term Investments Analysis

000425 Stock   7.44  0.47  5.94%   
XCMG Construction financial indicator trend analysis is more than just analyzing XCMG Construction current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XCMG Construction is a good investment. Please check the relationship between XCMG Construction Total Stockholder Equity and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in XCMG Construction Machinery. 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.

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XCMG Construction Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between XCMG Construction's Total Stockholder Equity and Long Term Investments is 0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of XCMG Construction Machinery, assuming nothing else is changed. The correlation between historical values of XCMG Construction's Total Stockholder Equity and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of XCMG Construction Machinery are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., XCMG Construction's Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Long Term Investments

Long Term Investments is an item on the asset side of XCMG Construction balance sheet that represents investments XCMG Construction intends to hold for over a year. XCMG Construction Machinery long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from XCMG Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XCMG Construction 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 XCMG Construction Machinery. 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 9.2 B, whereas Tax Provision is forecasted to decline to about 428.3 M.
 2021 2022 2023 2024 (projected)
Operating Income6.1B5.9B7.7B8.0B
Total Revenue84.3B93.8B92.8B97.5B

XCMG Construction fundamental ratios Correlations

0.571.00.980.970.960.960.960.90.920.980.921.00.970.890.940.90.480.88-0.110.960.710.820.91-0.650.89
0.570.580.480.480.610.610.440.640.50.570.720.610.460.350.430.410.950.52-0.060.440.370.560.69-0.250.56
1.00.580.960.960.970.970.970.880.90.980.911.00.960.870.920.890.50.89-0.140.960.710.810.93-0.640.9
0.980.480.960.970.930.940.920.850.930.960.860.960.960.940.930.870.390.860.020.930.760.750.86-0.720.83
0.970.480.960.970.970.960.90.820.950.920.790.950.920.90.860.790.350.84-0.010.90.780.650.87-0.710.81
0.960.610.970.930.970.990.90.810.910.910.830.960.880.840.820.770.470.880.00.890.790.670.93-0.680.83
0.960.610.970.940.960.990.890.810.910.920.840.960.880.830.820.780.470.880.010.890.780.680.93-0.670.83
0.960.440.970.920.90.90.890.850.810.970.90.970.970.850.940.950.390.86-0.250.990.620.850.88-0.60.9
0.90.640.880.850.820.810.810.850.850.910.910.910.870.670.920.860.560.74-0.30.850.440.850.8-0.430.81
0.920.50.90.930.950.910.910.810.850.850.740.90.850.820.830.710.350.770.010.820.690.610.8-0.60.73
0.980.570.980.960.920.910.920.970.910.850.960.980.980.870.970.950.510.87-0.170.980.640.890.89-0.640.91
0.920.720.910.860.790.830.840.90.910.740.960.930.90.740.910.920.710.82-0.230.910.520.950.88-0.50.89
1.00.611.00.960.950.960.960.970.910.90.980.930.960.860.930.90.520.88-0.170.960.680.830.93-0.610.9
0.970.460.960.960.920.880.880.970.870.850.980.90.960.910.970.960.410.85-0.140.980.650.870.85-0.650.88
0.890.350.870.940.90.840.830.850.670.820.870.740.860.910.840.80.310.80.110.870.790.670.77-0.760.76
0.940.430.920.930.860.820.820.940.920.830.970.910.930.970.840.960.390.79-0.230.950.530.890.78-0.560.85
0.90.410.890.870.790.770.780.950.860.710.950.920.90.960.80.960.430.79-0.290.970.480.950.79-0.520.88
0.480.950.50.390.350.470.470.390.560.350.510.710.520.410.310.390.430.47-0.140.40.260.630.62-0.140.55
0.880.520.890.860.840.880.880.860.740.770.870.820.880.850.80.790.790.470.030.870.820.710.96-0.630.96
-0.11-0.06-0.140.02-0.010.00.01-0.25-0.30.01-0.17-0.23-0.17-0.140.11-0.23-0.29-0.140.03-0.20.44-0.39-0.08-0.44-0.22
0.960.440.960.930.90.890.890.990.850.820.980.910.960.980.870.950.970.40.87-0.20.640.870.88-0.630.9
0.710.370.710.760.780.790.780.620.440.690.640.520.680.650.790.530.480.260.820.440.640.330.76-0.790.66
0.820.560.810.750.650.670.680.850.850.610.890.950.830.870.670.890.950.630.71-0.390.870.330.75-0.320.84
0.910.690.930.860.870.930.930.880.80.80.890.880.930.850.770.780.790.620.96-0.080.880.760.75-0.590.95
-0.65-0.25-0.64-0.72-0.71-0.68-0.67-0.6-0.43-0.6-0.64-0.5-0.61-0.65-0.76-0.56-0.52-0.14-0.63-0.44-0.63-0.79-0.32-0.59-0.51
0.890.560.90.830.810.830.830.90.810.730.910.890.90.880.760.850.880.550.96-0.220.90.660.840.95-0.51
Click cells to compare fundamentals

XCMG Construction Account Relationship Matchups

XCMG Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.3B91.8B110.0B175.1B162.0B170.1B
Other Current Liab3.5B4.3B5.5B17.6B2.0B2.9B
Total Current Liabilities36.9B50.8B63.1B96.5B86.4B90.7B
Total Stockholder Equity33.2B33.7B36.4B53.3B56.1B59.0B
Retained Earnings15.6B18.6B23.4B24.7B25.8B27.1B
Accounts Payable27.4B32.6B42.9B50.4B41.8B43.9B
Cash15.8B17.0B23.1B27.8B23.4B24.5B
Other Assets1.3B5.1B5.5B10.5B12.1B12.7B
Long Term Debt5.8B5.7B8.9B18.2B14.5B15.2B
Net Receivables32.8B25.8B38.8B40.5B40.0B42.0B
Inventory10.5B13.1B16.8B35.1B32.4B34.0B
Other Current Assets1.4B1.9B2.2B10.0B6.4B6.7B
Total Liab43.6B57.6B72.9B120.4B104.5B109.7B
Intangible Assets2.6B2.7B3.5B7.3B8.0B8.4B
Property Plant Equipment8.4B8.9B9.6B22.1B25.4B26.7B
Other Liab177.6M331.6M573.0M5.5B6.3B6.6B
Net Tangible Assets30.8B31.2B33.3B46.8B53.8B31.6B
Other Stockholder Equity4.6B2.1B134.7M(5.0M)(4.5M)(4.2M)
Deferred Long Term Liab202.8M242.7M430.2M842.9M969.4M1.0B
Short Long Term Debt3.0B2.3B3.1B17.9B14.0B14.7B
Total Current Assets60.4B70.1B85.2B129.1B111.1B73.5B
Non Current Assets Total16.9B21.7B24.9B46.0B50.9B27.9B
Non Currrent Assets Other403.8M330.4M365.0M952.6M627.4M596.0M
Non Current Liabilities Total6.7B6.8B9.7B23.9B18.1B10.7B
Non Current Liabilities Other761.3M792.0M266.0M762.0M1.1B1.6B
Net Invested Capital42.0B41.7B48.5B89.4B84.6B58.9B
Net Working Capital23.5B19.3B22.0B32.6B24.7B24.5B

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Other Information on Investing in XCMG Stock

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