Xiamen Depreciation vs Change In Working Capital Analysis

000526 Stock   44.33  0.84  1.93%   
Xiamen Insight financial indicator trend analysis is more than just analyzing Xiamen Insight Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Insight Investment is a good investment. Please check the relationship between Xiamen Insight Depreciation and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Insight Investment. 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.

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Insight Investment Depreciation account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiamen Insight's Depreciation and Change In Working Capital is -0.75. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Xiamen Insight Investment, assuming nothing else is changed. The correlation between historical values of Xiamen Insight's Depreciation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Xiamen Insight Investment are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Depreciation i.e., Xiamen Insight's Depreciation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Xiamen Insight Investment value has been used up. For tax purposes Xiamen Insight can deduct the cost of the tangible assets it purchases as business expenses. However, Xiamen Insight Investment must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Xiamen Insight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Insight Investment 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 Xiamen Insight Investment. 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 December 27, 2024, Tax Provision is expected to decline to about 39.3 M. In addition to that, Selling General Administrative is expected to decline to about 231.7 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.4B1.7B1.9B1.8B
Cost Of Revenue1.9B1.3B1.4B1.4B

Xiamen Insight fundamental ratios Correlations

0.940.680.970.310.650.88-0.55-0.40.990.990.480.990.20.42-0.110.520.440.990.970.880.380.450.390.690.58
0.940.770.970.050.480.98-0.42-0.310.940.90.290.940.320.15-0.30.650.230.960.960.970.490.420.270.490.77
0.680.770.8-0.310.010.830.02-0.130.640.590.040.690.44-0.18-0.30.81-0.180.740.810.840.50.120.11-0.040.54
0.970.970.80.060.460.95-0.36-0.320.960.920.350.970.330.18-0.220.650.210.991.00.970.480.350.330.540.68
0.310.05-0.310.060.85-0.09-0.83-0.410.320.440.580.27-0.370.970.3-0.420.960.20.1-0.14-0.280.530.290.69-0.21
0.650.480.010.460.850.37-0.96-0.40.670.740.610.63-0.250.860.16-0.130.940.570.470.310.020.560.420.790.23
0.880.980.830.95-0.090.37-0.34-0.190.870.820.210.880.290.03-0.30.730.120.920.940.980.540.30.250.340.76
-0.55-0.420.02-0.36-0.83-0.96-0.340.39-0.57-0.64-0.5-0.520.36-0.82-0.150.14-0.95-0.47-0.37-0.240.07-0.55-0.32-0.65-0.23
-0.4-0.31-0.13-0.32-0.41-0.4-0.190.39-0.42-0.43-0.54-0.43-0.2-0.370.090.11-0.4-0.37-0.34-0.240.55-0.4-0.33-0.45-0.3
0.990.940.640.960.320.670.87-0.57-0.420.980.430.980.20.42-0.120.50.450.980.960.880.390.460.330.70.61
0.990.90.590.920.440.740.82-0.64-0.430.980.540.970.130.53-0.060.420.550.970.930.820.320.490.420.760.53
0.480.290.040.350.580.610.21-0.5-0.540.430.540.540.170.550.04-0.380.550.420.350.19-0.120.430.870.650.18
0.990.940.690.970.270.630.88-0.52-0.430.980.970.540.280.37-0.140.470.40.990.970.890.390.430.470.670.62
0.20.320.440.33-0.37-0.250.290.36-0.20.20.130.170.28-0.44-0.80.2-0.420.260.310.410.40.410.01-0.090.51
0.420.15-0.180.180.970.860.03-0.82-0.370.420.530.550.37-0.440.43-0.270.940.320.22-0.04-0.220.420.320.72-0.26
-0.11-0.3-0.3-0.220.30.16-0.3-0.150.09-0.12-0.060.04-0.14-0.80.43-0.260.28-0.15-0.19-0.36-0.42-0.620.280.18-0.63
0.520.650.810.65-0.42-0.130.730.140.110.50.42-0.380.470.2-0.27-0.26-0.30.590.670.730.530.0-0.31-0.090.41
0.440.23-0.180.210.960.940.12-0.95-0.40.450.550.550.4-0.420.940.28-0.30.340.230.04-0.20.520.320.69-0.02
0.990.960.740.990.20.570.92-0.47-0.370.980.970.420.990.260.32-0.150.590.340.990.920.430.40.360.620.62
0.970.960.811.00.10.470.94-0.37-0.340.960.930.350.970.310.22-0.190.670.230.990.950.470.350.320.530.64
0.880.970.840.97-0.140.310.98-0.24-0.240.880.820.190.890.41-0.04-0.360.730.040.920.950.540.30.210.360.8
0.380.490.50.48-0.280.020.540.070.550.390.32-0.120.390.4-0.22-0.420.53-0.20.430.470.540.21-0.110.010.37
0.450.420.120.350.530.560.3-0.55-0.40.460.490.430.430.410.42-0.620.00.520.40.350.30.210.00.430.39
0.390.270.110.330.290.420.25-0.32-0.330.330.420.870.470.010.320.28-0.310.320.360.320.21-0.110.00.470.15
0.690.49-0.040.540.690.790.34-0.65-0.450.70.760.650.67-0.090.720.18-0.090.690.620.530.360.010.430.470.19
0.580.770.540.68-0.210.230.76-0.23-0.30.610.530.180.620.51-0.26-0.630.41-0.020.620.640.80.370.390.150.19
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Xiamen Insight Account Relationship Matchups

Xiamen Insight fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.5B3.5B3.2B3.2B3.3B
Short Long Term Debt Total1.7B1.6B1.7B1.5B1.1B649.9M
Other Current Liab1.4B265.0M216.6M487.5M216.9M248.2M
Total Current Liabilities3.5B3.4B2.7B2.5B1.9B2.0B
Total Stockholder Equity99.2M140.5M426.7M435.7M604.1M634.3M
Property Plant And Equipment Net224.0M253.7M802.7M605.8M597.2M627.0M
Net Debt832.3M555.8M721.1M654.3M273.8M194.1M
Retained Earnings(62.2M)(18.5M)(554.5M)(543.6M)(388.9M)(369.4M)
Cash817.7M1.0B998.1M875.0M806.6M846.9M
Non Current Assets Total2.1B2.2B2.3B2.2B2.2B2.4B
Non Currrent Assets Other620.5M307.7M321.1M328.7M382.6M401.7M
Cash And Short Term Investments1.2B1.0B998.2M875.5M809.1M849.6M
Net Receivables202.1M181.4M108.8M83.3M83.5M68.6M
Liabilities And Stockholders Equity3.6B3.5B3.5B3.2B3.2B3.3B
Non Current Liabilities Total13.0M10.7M374.2M282.5M629.2M660.6M
Inventory46.3K682.0K2.3M560.0K10.6M13.2M
Other Current Assets79.8M72.5M20.2M15.9M10.4M9.9M
Total Liab3.5B3.4B3.0B2.8B2.6B2.7B
Total Current Assets1.5B1.3B1.1B975.2M913.7M959.4M
Short Term Debt1.7B1.6B1.4B1.3B455.0M584.4M
Intangible Assets56.6M55.3M46.8M31.6M25.2M21.7M
Short Term Investments357.4M1.2M60K500K2.5M2.6M
Current Deferred Revenue458.3M1.5B1.1B735.1M1.3B1.3B
Other Assets268.7M308.1M324.7M335.2M1.00.95
Other Liab13.0M10.7M8.4M6.1M5.5M5.2M
Property Plant Equipment224.0M253.7M802.7M605.8M696.7M731.5M
Net Tangible Assets(1.5B)(1.4B)(695.6M)(718.1M)(646.3M)(678.6M)
Deferred Long Term Liab178.3M211.9M235.7M234.0M269.1M177.2M
Short Long Term Debt1.7B1.6B1.1B1.1B989.3M1.3B
Net Invested Capital1.7B1.7B1.6B1.5B942.4M1.3B
Net Working Capital(2.0B)(2.1B)(1.5B)(1.5B)(1.0B)(1.1B)

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Other Information on Investing in Xiamen Stock

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