002258 Stock | | | 8.50 0.08 0.95% |
Lier Chemical financial indicator trend analysis is infinitely more than just investigating Lier Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lier Chemical is a good investment. Please check the relationship between Lier Chemical Common Stock and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lier Chemical Co. 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.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lier Chemical Common Stock account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lier Chemical's Common Stock and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Lier Chemical Co, assuming nothing else is changed. The correlation between historical values of Lier Chemical's Common Stock 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 Common Stock of Lier Chemical Co 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 Common Stock i.e., Lier Chemical's Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Property Plant Equipment
Most indicators from Lier Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lier Chemical 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 Lier Chemical Co. 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
Tax Provision is expected to grow to about 133.8
M, whereas
Selling General Administrative is forecasted to decline to about 146
M.
Lier Chemical fundamental ratios Correlations
Click cells to compare fundamentals
Lier Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lier Chemical fundamental ratios Accounts
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Other Information on Investing in Lier Stock
Balance Sheet is a snapshot of the
financial position of Lier Chemical at a specified time, usually calculated after every quarter, six months, or one year. Lier Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lier Chemical 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 Lier currently owns. An asset can also be divided into two categories, current and non-current.