002354 Stock | | | 5.39 0.49 10.00% |
Dalian Zeus financial indicator trend analysis is much more than just examining Dalian Zeus Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Zeus Entertainment is a good investment. Please check the relationship between Dalian Zeus Inventory and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Zeus Entertainment. 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dalian Zeus Entertainment Inventory account and
Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dalian Zeus' Inventory and Long Term Debt is -0.53. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Dalian Zeus Entertainment, assuming nothing else is changed. The correlation between historical values of Dalian Zeus' Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dalian Zeus Entertainment are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Dalian Zeus' Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Inventory
Long Term Debt
Long-term debt is a debt that Dalian Zeus Entertainment has held for over one year. Long-term debt appears on Dalian Zeus Entertainment 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 Dalian Zeus Entertainment 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.
Most indicators from Dalian Zeus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Zeus Entertainment 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 Dalian Zeus Entertainment. 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 165.9
M. The current year's
Tax Provision is expected to grow to about 65.8
MDalian Zeus fundamental ratios Correlations
Click cells to compare fundamentals
Dalian Zeus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dalian Zeus fundamental ratios Accounts
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Other Information on Investing in Dalian Stock
Balance Sheet is a snapshot of the
financial position of Dalian Zeus Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Dalian Zeus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dalian Zeus 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 Dalian currently owns. An asset can also be divided into two categories, current and non-current.