| 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 Other Operating Expenses and its Tax Provision 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.
Other Operating Expenses vs Tax Provision
Other Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xinjiang Talimu Agri Other Operating Expenses account and
Tax Provision. At this time, the significance of the direction appears to have very week relationship.
The correlation between Xinjiang Talimu's Other Operating Expenses and Tax Provision is 0.27. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision 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 Other Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Xinjiang Talimu Agriculture are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., Xinjiang Talimu's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xinjiang Talimu Agri. It is also known as Xinjiang Talimu overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.