000830 Stock | | | 11.53 0.13 1.14% |
Luxi Chemical financial indicator trend analysis is infinitely more than just investigating Luxi Chemical Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luxi Chemical Group is a good investment. Please check the relationship between Luxi Chemical Non Current Liabilities Total and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Luxi Chemical Group. 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.
Non Current Liabilities Total vs Property Plant Equipment
Non Current Liabilities Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Luxi Chemical Group Non Current Liabilities Total account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Luxi Chemical's Non Current Liabilities Total and Property Plant Equipment is -0.06. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Luxi Chemical Group, assuming nothing else is changed. The correlation between historical values of Luxi Chemical's Non Current Liabilities Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Luxi Chemical Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Liabilities Total i.e., Luxi Chemical's Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Property Plant Equipment
Most indicators from Luxi Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luxi Chemical Group 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 Luxi Chemical Group. 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 November 30, 2024,
Selling General Administrative is expected to decline to about 82.5
M. In addition to that,
Tax Provision is expected to decline to about 221.6
MLuxi Chemical fundamental ratios Correlations
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Luxi Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luxi Chemical fundamental ratios Accounts
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Other Information on Investing in Luxi Stock
Balance Sheet is a snapshot of the
financial position of Luxi Chemical Group at a specified time, usually calculated after every quarter, six months, or one year. Luxi Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luxi Chemical 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 Luxi currently owns. An asset can also be divided into two categories, current and non-current.