002354 Stock | | | 4.90 0.24 5.15% |
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 Property Plant Equipment and its Total Current Liabilities 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.
Property Plant Equipment vs Total Current Liabilities
Property Plant Equipment vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dalian Zeus Entertainment Property Plant Equipment account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dalian Zeus' Property Plant Equipment and Total Current Liabilities is -0.19. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities 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' Property Plant Equipment and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Dalian Zeus Entertainment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant Equipment i.e., Dalian Zeus' Property Plant Equipment and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Total Current Liabilities
Total Current Liabilities is an item on Dalian Zeus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dalian Zeus Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.