002175 Stock | | | 4.52 0.26 5.44% |
Oriental Times financial indicator trend analysis is much more than just breaking down Oriental Times Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Times Media is a good investment. Please check the relationship between Oriental Times Short Term Investments and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Oriental Times Media. 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.
Short Term Investments vs Property Plant Equipment
Short Term Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oriental Times Media Short Term Investments account and
Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oriental Times' Short Term Investments and Property Plant Equipment is -0.34. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Oriental Times Media, assuming nothing else is changed. The correlation between historical values of Oriental Times' Short Term Investments 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 Short Term Investments of Oriental Times Media 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 Short Term Investments i.e., Oriental Times' Short Term Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Oriental Times balance sheet. It contains any investments Oriental Times Media undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Oriental Times Media can easily liquidate in the marketplace.
Property Plant Equipment
Most indicators from Oriental Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Times Media 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 Oriental Times Media. 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.
The current year's
Selling General Administrative is expected to grow to about 47.9
M, whereas
Tax Provision is forecasted to decline to about 2.6
M.
Oriental Times fundamental ratios Correlations
Click cells to compare fundamentals
Oriental Times Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oriental Times fundamental ratios Accounts
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Other Information on Investing in Oriental Stock
Balance Sheet is a snapshot of the
financial position of Oriental Times Media at a specified time, usually calculated after every quarter, six months, or one year. Oriental Times Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oriental Times 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 Oriental currently owns. An asset can also be divided into two categories, current and non-current.