002200 Stock | | | 6.18 0.24 3.74% |
Yunnan Yuntou financial indicator trend analysis is more than just analyzing Yunnan Yuntou Ecology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Yuntou Ecology is a good investment. Please check the relationship between Yunnan Yuntou Total Stockholder Equity and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Yuntou Ecology. 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.
Total Stockholder Equity vs Intangible Assets
Total Stockholder Equity vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Yuntou Ecology Total Stockholder Equity account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yunnan Yuntou's Total Stockholder Equity and Intangible Assets is 0.59. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Yunnan Yuntou Ecology, assuming nothing else is changed. The correlation between historical values of Yunnan Yuntou's Total Stockholder Equity and Intangible 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 Total Stockholder Equity of Yunnan Yuntou Ecology are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Yunnan Yuntou's Total Stockholder Equity and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Yunnan Yuntou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Yuntou Ecology 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 Yunnan Yuntou Ecology. 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.
As of November 24, 2024,
Selling General Administrative is expected to decline to about 13
M. In addition to that,
Tax Provision is expected to decline to about 14.7
KYunnan Yuntou fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Yuntou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Yuntou fundamental ratios Accounts
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Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Yuntou Ecology at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Yuntou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Yuntou 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.