002785 Stock | | | 38.83 2.13 5.80% |
Xiamen Wanli financial indicator trend analysis is more than just analyzing Xiamen Wanli Stone current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Wanli Stone is a good investment. Please check the relationship between Xiamen Wanli Cash and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Wanli Stone. 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.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Wanli Stone Cash account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xiamen Wanli's Cash and Non Current Assets Total is 0.68. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Xiamen Wanli Stone, assuming nothing else is changed. The correlation between historical values of Xiamen Wanli's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Xiamen Wanli Stone are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Xiamen Wanli's Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Xiamen Wanli Stone, which is listed under current asset account on Xiamen Wanli Stone balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xiamen Wanli customers. The amounts must be unrestricted with restricted cash listed in a different Xiamen Wanli account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Xiamen Wanli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Wanli Stone 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 Xiamen Wanli Stone. 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.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 67.4
M. The current year's
Tax Provision is expected to grow to about (6.8
M)
Xiamen Wanli fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Wanli Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Wanli fundamental ratios Accounts
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Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Wanli Stone at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Wanli Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Wanli 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.