| 000503 Stock | | | 14.17 0.93 7.02% |
China Reform financial indicator trend analysis is way more than just evaluating China Reform Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Reform Health is a good investment. Please check the relationship between China Reform Net Debt and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Reform Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Debt vs Short Term Investments
Net Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Reform Health Net Debt account and
Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between China Reform's Net Debt and Short Term Investments is 0.05. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of China Reform Health, assuming nothing else is changed. The correlation between historical values of China Reform's Net Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of China Reform Health are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., China Reform's Net Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Short Term Investments
Short Term Investments is an item under the current assets section of China Reform balance sheet. It contains any investments China Reform Health undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that China Reform Health can easily liquidate in the marketplace.
Most indicators from China Reform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Reform Health 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 China Reform Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, China Reform's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.5
M, whereas
Discontinued Operations is forecasted to decline to about 150.9
M.
China Reform fundamental ratios Correlations
Click cells to compare fundamentals
China Reform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Reform fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Reform Health at a specified time, usually calculated after every quarter, six months, or one year. China Reform Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Reform 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 China currently owns. An asset can also be divided into two categories, current and non-current.