Shantui Construction financial indicator trend analysis is much more than just breaking down Shantui Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shantui Construction is a good investment. Please check the relationship between Shantui Construction Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shantui Construction Machinery. 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.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The correlation between Shantui Construction's Cash And Short Term Investments and Non Current Assets Total is 0.07. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Shantui Construction Machinery, assuming nothing else is changed. The correlation between historical values of Shantui Construction's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Shantui Construction Machinery are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Shantui Construction's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Short Term Investments is an account in the current assets section of Shantui Construction balance sheet. This account contains Shantui Construction investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shantui Construction Machinery fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Shantui Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shantui Construction 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 Shantui Construction Machinery. 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of Shantui Construction at a specified time, usually calculated after every quarter, six months, or one year. Shantui Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shantui Construction 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 Shantui currently owns. An asset can also be divided into two categories, current and non-current.