002887 Stock | | | 6.95 0.18 2.52% |
Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Net Invested Capital and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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.
Net Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin LVYIN Landscape Net Invested Capital account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianjin LVYIN's Net Invested Capital and Total Assets is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Tianjin LVYIN Landscape are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Tianjin LVYIN's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Total Assets
Total assets refers to the total amount of Tianjin LVYIN assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tianjin LVYIN Landscape books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 Tianjin LVYIN Landscape. 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
Tax Provision is expected to grow to about 34
M, whereas
Selling General Administrative is forecasted to decline to about 11.9
M.
Tianjin LVYIN fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin LVYIN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin LVYIN fundamental ratios Accounts
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Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin LVYIN Landscape at a specified time, usually calculated after every quarter, six months, or one year. Tianjin LVYIN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin LVYIN 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.