002338 Stock | | | 41.76 3.00 6.70% |
Changchun financial indicator trend analysis is way more than just evaluating Changchun UP Optotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun UP Optotech is a good investment. Please check the relationship between Changchun Long Term Debt and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun UP Optotech. 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.
Long Term Debt vs Total Stockholder Equity
Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changchun UP Optotech Long Term Debt account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Changchun's Long Term Debt and Total Stockholder Equity is 0.48. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Changchun UP Optotech, assuming nothing else is changed. The correlation between historical values of Changchun's Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Changchun UP Optotech are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Changchun's Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Changchun UP Optotech has held for over one year. Long-term debt appears on Changchun UP Optotech balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Changchun UP Optotech balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
Most indicators from Changchun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun UP Optotech 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 Changchun UP Optotech. 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 45.7
M, whereas
Tax Provision is forecasted to decline to about 2.3
M.
Changchun fundamental ratios Correlations
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Changchun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Changchun fundamental ratios Accounts
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Other Information on Investing in Changchun Stock
Balance Sheet is a snapshot of the
financial position of Changchun UP Optotech at a specified time, usually calculated after every quarter, six months, or one year. Changchun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changchun 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 Changchun currently owns. An asset can also be divided into two categories, current and non-current.