002748 Stock | | | 7.10 0.03 0.42% |
Jiangxi Selon financial indicator trend analysis is infinitely more than just investigating Jiangxi Selon Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Selon Industrial is a good investment. Please check the relationship between Jiangxi Selon Total Liab and its Current Deferred Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Selon Industrial. 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.
Total Liab vs Current Deferred Revenue
Total Liab vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Selon Industrial Total Liab account and
Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangxi Selon's Total Liab and Current Deferred Revenue is 0.64. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Jiangxi Selon Industrial, assuming nothing else is changed. The correlation between historical values of Jiangxi Selon's Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Jiangxi Selon Industrial are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Jiangxi Selon's Total Liab and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Jiangxi Selon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Selon Industrial 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 Jiangxi Selon Industrial. 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 49.1
M. The current year's
Tax Provision is expected to grow to about 15.9
MJiangxi Selon fundamental ratios Correlations
Click cells to compare fundamentals
Jiangxi Selon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangxi Selon fundamental ratios Accounts
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Other Information on Investing in Jiangxi Stock
Balance Sheet is a snapshot of the
financial position of Jiangxi Selon Industrial at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Selon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Selon 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.