Wenzhou Non Current Assets Total vs Cash Analysis
001222 Stock | 17.04 0.84 5.19% |
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 Non Current Assets Total and its Cash 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.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wenzhou Yuanfei Pet Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wenzhou Yuanfei's Non Current Assets Total and Cash is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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 Non Current Assets Total and Cash 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 Assets Total of Wenzhou Yuanfei Pet are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Wenzhou Yuanfei's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Cash
Cash refers to the most liquid asset of Wenzhou Yuanfei Pet, which is listed under current asset account on Wenzhou Yuanfei Pet balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wenzhou Yuanfei customers. The amounts must be unrestricted with restricted cash listed in a different Wenzhou Yuanfei account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 December 13, 2024, Tax Provision is expected to decline to about 15.6 M. In addition to that, Selling General Administrative is expected to decline to about 31.7 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 236.4K | 66.8K | 757.9K | 412.2K | Interest Income | 1.1M | 3.5M | 18.9M | 19.8M |
Wenzhou Yuanfei fundamental ratios Correlations
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Wenzhou Yuanfei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.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.