603180 Stock | | | 21.36 0.11 0.52% |
Xiamen Goldenhome financial indicator trend analysis is more than just analyzing Xiamen Goldenhome current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Goldenhome is a good investment. Please check the relationship between Xiamen Goldenhome Other Stockholder Equity and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Goldenhome Co. 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 Stockholder Equity vs Long Term Debt
Other Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Goldenhome Other Stockholder Equity account and
Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xiamen Goldenhome's Other Stockholder Equity and Long Term Debt is 0.78. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Xiamen Goldenhome Co, assuming nothing else is changed. The correlation between historical values of Xiamen Goldenhome's Other Stockholder Equity and Long Term Debt 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 Stockholder Equity of Xiamen Goldenhome Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Stockholder Equity i.e., Xiamen Goldenhome's Other Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Long Term Debt
Long-term debt is a debt that Xiamen Goldenhome has held for over one year. Long-term debt appears on Xiamen Goldenhome Co 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 Xiamen Goldenhome Co 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.
Most indicators from Xiamen Goldenhome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Goldenhome 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 Goldenhome Co. 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.
The current year's
Tax Provision is expected to grow to about 20.2
M, whereas
Selling General Administrative is forecasted to decline to about 355.6
M.
Xiamen Goldenhome fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Goldenhome Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Goldenhome fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Goldenhome at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Goldenhome Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Goldenhome 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.