002400 Stock | | | 8.56 0.78 10.03% |
Guangdong Advertising financial indicator trend analysis is much more than just examining Guangdong Advertising latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Advertising is a good investment. Please check the relationship between Guangdong Advertising Long Term Debt and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Advertising 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 board of governors.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong Advertising Long Term Debt account and
Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangdong Advertising's Long Term Debt and Common Stock is -0.87. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Guangdong Advertising Co, assuming nothing else is changed. The correlation between historical values of Guangdong Advertising's Long Term Debt and Common Stock 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 Guangdong Advertising Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Guangdong Advertising's Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Guangdong Advertising has held for over one year. Long-term debt appears on Guangdong Advertising Co 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 Guangdong Advertising Co 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.
Common Stock
Most indicators from Guangdong Advertising's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Advertising 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 Guangdong Advertising 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 board of governors.
The current year's
Tax Provision is expected to grow to about 53.7
M, whereas
Selling General Administrative is forecasted to decline to about 127.1
M.
Guangdong Advertising fundamental ratios Correlations
Click cells to compare fundamentals
Guangdong Advertising Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Advertising fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong Advertising at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Advertising Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Advertising 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.