| 001222 Stock | | | 15.57 0.17 1.08% |
Wenzhou Yuanfei financial indicator trend analysis is more than just analyzing Wenzhou Yuanfei Pet current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wenzhou Yuanfei Pet is a good investment. Please check the relationship between Wenzhou Yuanfei Capital Lease Obligations and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wenzhou Yuanfei Pet. 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.
Capital Lease Obligations vs Total Current Assets
Capital Lease Obligations vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wenzhou Yuanfei Pet Capital Lease Obligations account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wenzhou Yuanfei's Capital Lease Obligations and Total Current Assets is 0.8. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Wenzhou Yuanfei Pet, assuming nothing else is changed. The correlation between historical values of Wenzhou Yuanfei's Capital Lease Obligations and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Wenzhou Yuanfei Pet are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Lease Obligations i.e., Wenzhou Yuanfei's Capital Lease Obligations and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Capital Lease Obligations
Wenzhou Yuanfei Pet capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Wenzhou Yuanfei asset purchases. For example, Wenzhou Yuanfei can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Wenzhou Yuanfei control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Wenzhou Yuanfei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wenzhou Yuanfei Pet 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 Wenzhou Yuanfei Pet. 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 March 4, 2025,
Tax Provision is expected to decline to about 15.6
M. In addition to that,
Selling General Administrative is expected to decline to about 17.2
MWenzhou Yuanfei fundamental ratios Correlations
Click cells to compare fundamentals
Wenzhou Yuanfei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wenzhou Yuanfei fundamental ratios Accounts
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Other Information on Investing in Wenzhou Stock
Balance Sheet is a snapshot of the
financial position of Wenzhou Yuanfei Pet at a specified time, usually calculated after every quarter, six months, or one year. Wenzhou Yuanfei Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wenzhou Yuanfei 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 Wenzhou currently owns. An asset can also be divided into two categories, current and non-current.