Xinjiang Ebitda vs Income Tax Expense Analysis

600359 Stock   7.12  0.20  2.73%   
Xinjiang Talimu financial indicator trend analysis is more than just analyzing Xinjiang Talimu Agri current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Talimu Agri is a good investment. Please check the relationship between Xinjiang Talimu Ebitda and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Talimu Agriculture. 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.

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Talimu Agri Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Xinjiang Talimu's Ebitda and Income Tax Expense is 0.08. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Xinjiang Talimu Agriculture, assuming nothing else is changed. The correlation between historical values of Xinjiang Talimu's Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Xinjiang Talimu Agriculture are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Xinjiang Talimu's Ebitda and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebitda

Income Tax Expense

Most indicators from Xinjiang Talimu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Talimu Agri 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 Xinjiang Talimu Agriculture. 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 15, 2024, Selling General Administrative is expected to decline to about 28.1 M. In addition to that, Tax Provision is expected to decline to about 18.3 K
 2021 2022 2023 2024 (projected)
Gross Profit174.0M195.1M146.3M136.7M
Research Development13.0M13.2M13.8M9.1M

Xinjiang Talimu fundamental ratios Correlations

0.640.9-0.04-0.040.790.560.220.810.44-0.350.710.640.94-0.160.77-0.110.330.46-0.48-0.130.47-0.280.470.430.55
0.640.83-0.490.320.360.480.510.390.130.010.680.450.77-0.670.39-0.62-0.130.62-0.45-0.450.36-0.620.60.620.57
0.90.83-0.36-0.050.750.470.250.650.37-0.340.740.560.99-0.320.67-0.320.140.47-0.45-0.140.39-0.370.50.450.54
-0.04-0.49-0.360.32-0.210.390.01-0.09-0.050.23-0.220.04-0.290.3-0.050.30.430.21-0.08-0.190.18-0.10.140.180.19
-0.040.32-0.050.32-0.350.430.79-0.15-0.150.83-0.09-0.03-0.08-0.7-0.24-0.47-0.30.71-0.36-0.680.38-0.710.610.670.59
0.790.360.75-0.21-0.350.050.080.770.5-0.390.460.590.820.070.710.090.250.07-0.460.350.260.160.230.140.33
0.560.480.470.390.430.050.210.270.05-0.070.520.340.45-0.270.32-0.320.330.76-0.31-0.710.46-0.720.60.670.61
0.220.510.250.010.790.080.210.15-0.020.780.170.20.22-0.650.07-0.38-0.320.47-0.4-0.410.23-0.480.50.540.46
0.810.390.65-0.09-0.150.770.270.150.54-0.350.540.580.730.080.720.070.160.18-0.260.070.440.140.120.160.33
0.440.130.37-0.05-0.150.50.05-0.020.54-0.13-0.14-0.10.460.020.05-0.290.350.170.080.210.740.15-0.11-0.110.33
-0.350.01-0.340.230.83-0.39-0.070.78-0.35-0.13-0.43-0.25-0.35-0.55-0.5-0.33-0.370.3-0.16-0.280.14-0.330.270.290.25
0.710.680.74-0.22-0.090.460.520.170.54-0.14-0.430.740.71-0.060.770.020.160.21-0.29-0.3-0.09-0.30.340.380.19
0.640.450.560.04-0.030.590.340.20.58-0.1-0.250.740.6-0.030.70.210.270.19-0.640.00.02-0.10.470.460.35
0.940.770.99-0.29-0.080.820.450.220.730.46-0.350.710.6-0.250.69-0.260.210.46-0.47-0.070.45-0.30.480.430.57
-0.16-0.67-0.320.3-0.70.07-0.27-0.650.080.02-0.55-0.06-0.03-0.250.20.70.37-0.690.520.49-0.370.73-0.7-0.63-0.62
0.770.390.67-0.05-0.240.710.320.070.720.05-0.50.770.70.690.20.260.160.11-0.4-0.070.0-0.030.260.30.19
-0.11-0.62-0.320.3-0.470.09-0.32-0.380.07-0.29-0.330.020.21-0.260.70.260.05-0.640.180.51-0.530.6-0.38-0.44-0.5
0.33-0.130.140.43-0.30.250.33-0.320.160.35-0.370.160.270.210.370.160.050.01-0.080.010.190.02-0.010.020.1
0.460.620.470.210.710.070.760.470.180.170.30.210.190.46-0.690.11-0.640.01-0.58-0.690.72-0.860.840.860.91
-0.48-0.45-0.45-0.08-0.36-0.46-0.31-0.4-0.260.08-0.16-0.29-0.64-0.470.52-0.40.18-0.08-0.580.22-0.280.49-0.86-0.8-0.72
-0.13-0.45-0.14-0.19-0.680.35-0.71-0.410.070.21-0.28-0.30.0-0.070.49-0.070.510.01-0.690.22-0.250.85-0.54-0.71-0.47
0.470.360.390.180.380.260.460.230.440.740.14-0.090.020.45-0.370.0-0.530.190.72-0.28-0.25-0.370.390.440.78
-0.28-0.62-0.37-0.1-0.710.16-0.72-0.480.140.15-0.33-0.3-0.1-0.30.73-0.030.60.02-0.860.490.85-0.37-0.82-0.85-0.71
0.470.60.50.140.610.230.60.50.12-0.110.270.340.470.48-0.70.26-0.38-0.010.84-0.86-0.540.39-0.820.940.87
0.430.620.450.180.670.140.670.540.16-0.110.290.380.460.43-0.630.3-0.440.020.86-0.8-0.710.44-0.850.940.86
0.550.570.540.190.590.330.610.460.330.330.250.190.350.57-0.620.19-0.50.10.91-0.72-0.470.78-0.710.870.86
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Xinjiang Talimu Account Relationship Matchups

Xinjiang Talimu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.8B1.8B1.9B1.2B1.8B
Other Current Liab185.6M294.1M360.0M6.2M1.7M1.6M
Total Current Liabilities1.2B1.2B1.2B1.1B561.9M533.8M
Total Stockholder Equity443.0M494.0M515.8M574.9M643.4M620.9M
Retained Earnings(830.5M)(792.2M)(751.3M)(750.9M)(682.0M)(647.9M)
Accounts Payable218.7M159.0M131.4M214.4M59.2M56.3M
Cash140.0M105.9M161.3M173.3M253.0M277.9M
Other Assets22.1M10.1M4.5M23.5M21.1M20.1M
Long Term Debt70.9M59.3M94.6M157.0M180.5M211.1M
Net Receivables376.4M22.8M13.0M26.0M30.7M29.2M
Inventory312.7M380.9M448.0M445.2M457.1M412.2M
Other Current Assets8.1M16.3M72.3M39.3M23.1M22.0M
Total Liab1.3B1.3B1.3B1.3B586.6M557.3M
Property Plant Equipment665.6M775.2M752.5M749.1M861.4M829.2M
Intangible Assets37.3M36.1M119.3M123.8M86.2M90.5M
Other Liab139.2M76.2M57.2M45.1M51.8M72.0M
Net Tangible Assets431.0M405.7M457.8M396.5M356.8M415.3M
Short Long Term Debt497.0M550.6M600.8M545.6M208.0M197.6M
Total Current Assets837.2M864.6M855.9M693.0M798.7M830.9M
Non Current Assets Total917.6M887.3M987.0M1.2B449.3M785.6M
Non Currrent Assets Other153.8K276.7K10.9M2.3M2.1M2.0M
Non Current Liabilities Total130.6M116.5M160.2M216.3M24.7M23.4M
Non Current Liabilities Other423.9M65.0M54.4M1.7M1.5M1.4M
Net Debt411.5M504.0M534.0M529.2M476.3M424.3M
Net Invested Capital994.4M1.1B1.2B1.3B851.3M943.0M
Net Working Capital(357.5M)(288.6M)(299.2M)(397.6M)236.8M248.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Xinjiang Stock

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