| 000913 Stock | | | 16.49 0.17 1.04% |
Zhejiang Qianjiang financial indicator trend analysis is more than just analyzing Zhejiang Qianjiang current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Qianjiang is a good investment. Please check the relationship between Zhejiang Qianjiang Depreciation and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Qianjiang Motorcycle. 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.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Qianjiang Depreciation account and
Dividends Paid. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zhejiang Qianjiang's Depreciation and Dividends Paid is 0.24. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Zhejiang Qianjiang Motorcycle, assuming nothing else is changed. The correlation between historical values of Zhejiang Qianjiang's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Zhejiang Qianjiang Motorcycle are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Zhejiang Qianjiang's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Zhejiang Qianjiang value has been used up. For tax purposes Zhejiang Qianjiang can deduct the cost of the tangible assets it purchases as business expenses. However, Zhejiang Qianjiang Motorcycle must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Zhejiang Qianjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Qianjiang 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 Zhejiang Qianjiang Motorcycle. 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.
The current year's
Tax Provision is expected to grow to about 58.3
M, whereas
Selling General Administrative is forecasted to decline to about 308
M.
Zhejiang Qianjiang fundamental ratios Correlations
Click cells to compare fundamentals
Zhejiang Qianjiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Qianjiang fundamental ratios Accounts
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Other Information on Investing in Zhejiang Stock
Balance Sheet is a snapshot of the
financial position of Zhejiang Qianjiang at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Qianjiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Qianjiang 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.