Xinya Long Term Debt vs Total Stockholder Equity Analysis

605277 Stock   14.88  0.37  2.55%   
Xinya Electronic financial indicator trend analysis is more than just analyzing Xinya Electronic current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinya Electronic is a good investment. Please check the relationship between Xinya Electronic Long Term Debt and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinya Electronic 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.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinya Electronic Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Xinya Electronic's Long Term Debt and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Xinya Electronic Co, assuming nothing else is changed. The correlation between historical values of Xinya Electronic's Long Term Debt and Total Stockholder Equity 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 Xinya Electronic Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Xinya Electronic's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Xinya Electronic has held for over one year. Long-term debt appears on Xinya Electronic 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 Xinya Electronic 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Xinya Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinya Electronic 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 Xinya Electronic 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 28 M, whereas Selling General Administrative is forecasted to decline to about 75.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense110.8K7.0M24.7M25.9M
Interest Income1.7M3.3M2.4M1.7M

Xinya Electronic fundamental ratios Correlations

0.790.970.920.950.970.320.980.720.90.990.830.90.990.750.961.00.880.980.970.530.950.980.97-0.57-0.33
0.790.680.860.930.750.170.740.350.830.770.820.630.770.690.660.810.940.810.790.650.640.760.75-0.5-0.3
0.970.680.790.840.980.131.00.730.760.990.660.930.990.731.00.940.80.90.950.31.00.990.99-0.53-0.28
0.920.860.790.980.830.550.830.620.990.860.980.740.850.690.770.960.880.980.890.810.750.830.83-0.54-0.37
0.950.930.840.980.890.40.880.560.960.910.940.790.90.760.830.970.930.970.930.720.810.890.88-0.58-0.36
0.970.750.980.830.890.180.980.620.810.980.720.910.980.80.980.950.810.920.990.370.970.980.99-0.59-0.3
0.320.170.130.550.40.180.130.230.630.180.670.090.160.130.110.390.140.480.30.820.080.120.12-0.13-0.11
0.980.741.00.830.880.980.130.740.791.00.70.921.00.730.990.950.850.920.950.350.991.01.0-0.53-0.29
0.720.350.730.620.560.620.230.740.580.740.490.680.730.270.730.720.620.680.560.270.750.710.7-0.2-0.2
0.90.830.760.990.960.810.630.790.580.830.990.690.820.650.740.940.840.970.870.840.720.790.79-0.49-0.31
0.990.770.990.860.910.980.181.00.740.830.740.921.00.750.980.970.870.940.960.410.981.00.99-0.56-0.32
0.830.820.660.980.940.720.670.70.490.990.740.630.730.660.640.880.80.920.810.910.610.710.7-0.53-0.39
0.90.630.930.740.790.910.090.920.680.690.920.630.920.870.920.870.710.840.890.30.940.940.95-0.79-0.61
0.990.770.990.850.90.980.161.00.730.821.00.730.920.750.990.970.870.930.960.390.981.01.0-0.55-0.31
0.750.690.730.690.760.80.130.730.270.650.750.660.870.750.720.740.610.740.840.410.720.790.79-0.94-0.74
0.960.661.00.770.830.980.110.990.730.740.980.640.920.990.720.920.780.880.940.271.00.990.99-0.53-0.27
1.00.810.940.960.970.950.390.950.720.940.970.880.870.970.740.920.890.990.960.610.910.950.95-0.56-0.35
0.880.940.80.880.930.810.140.850.620.840.870.80.710.870.610.780.890.870.810.570.770.850.85-0.4-0.23
0.980.810.90.980.970.920.480.920.680.970.940.920.840.930.740.880.990.870.950.690.870.920.92-0.57-0.36
0.970.790.950.890.930.990.30.950.560.870.960.810.890.960.840.940.960.810.950.50.920.960.96-0.64-0.36
0.530.650.30.810.720.370.820.350.270.840.410.910.30.390.410.270.610.570.690.50.240.360.35-0.36-0.32
0.950.641.00.750.810.970.080.990.750.720.980.610.940.980.721.00.910.770.870.920.240.980.99-0.54-0.3
0.980.760.990.830.890.980.121.00.710.791.00.710.941.00.790.990.950.850.920.960.360.981.0-0.6-0.36
0.970.750.990.830.880.990.121.00.70.790.990.70.951.00.790.990.950.850.920.960.350.991.0-0.61-0.37
-0.57-0.5-0.53-0.54-0.58-0.59-0.13-0.53-0.2-0.49-0.56-0.53-0.79-0.55-0.94-0.53-0.56-0.4-0.57-0.64-0.36-0.54-0.6-0.610.91
-0.33-0.3-0.28-0.37-0.36-0.3-0.11-0.29-0.2-0.31-0.32-0.39-0.61-0.31-0.74-0.27-0.35-0.23-0.36-0.36-0.32-0.3-0.36-0.370.91
Click cells to compare fundamentals

Xinya Electronic Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Xinya Stock

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