| 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 Long Term Debt and its Property Plant Equipment 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.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xinjiang Talimu Agri Long Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xinjiang Talimu's Long Term Debt and Property Plant Equipment is 0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment 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 Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Xinjiang Talimu Agriculture are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Xinjiang Talimu's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Xinjiang Talimu Agri has held for over one year. Long-term debt appears on Xinjiang Talimu Agriculture balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Xinjiang Talimu Agriculture balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Property Plant Equipment
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
KXinjiang Talimu fundamental ratios Correlations
Click cells to compare fundamentals
Xinjiang Talimu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xinjiang Talimu fundamental ratios Accounts
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.