000516 Stock | | | 6.13 0.10 1.66% |
Xian International financial indicator trend analysis is more than just analyzing Xian International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian International is a good investment. Please check the relationship between Xian International Net Income and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xian International Net Income account and
Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xian International's Net Income and Capital Expenditures is -0.1. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Xian International Medical, assuming nothing else is changed. The correlation between historical values of Xian International's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Xian International Medical are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Xian International's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xian International financial statement analysis. It represents the amount of money remaining after all of Xian International Medical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Capital Expenditures
Capital Expenditures are funds used by Xian International to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Xian International operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Xian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian International 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 Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 208.2
M, whereas
Tax Provision is forecasted to decline to about 4.5
M.
Xian International fundamental ratios Correlations
Click cells to compare fundamentals
Xian International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xian International fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xian Stock
Balance Sheet is a snapshot of the
financial position of Xian International at a specified time, usually calculated after every quarter, six months, or one year. Xian International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xian International 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 Xian currently owns. An asset can also be divided into two categories, current and non-current.