002899 Stock | | | 20.66 0.35 1.67% |
Impulse Qingdao financial indicator trend analysis is infinitely more than just investigating Impulse Qingdao Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impulse Qingdao Health is a good investment. Please check the relationship between Impulse Qingdao Current Deferred Revenue and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Impulse Qingdao Health. 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.
Current Deferred Revenue vs Non Current Liabilities Total
Current Deferred Revenue vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Impulse Qingdao Health Current Deferred Revenue account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Impulse Qingdao's Current Deferred Revenue and Non Current Liabilities Total is 0.83. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Impulse Qingdao Health, assuming nothing else is changed. The correlation between historical values of Impulse Qingdao's Current Deferred Revenue and Non Current Liabilities 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 Current Deferred Revenue of Impulse Qingdao Health are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Current Deferred Revenue i.e., Impulse Qingdao's Current Deferred Revenue and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Non Current Liabilities Total
Most indicators from Impulse Qingdao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impulse Qingdao Health 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 Impulse Qingdao Health. 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 13.7
M, whereas
Selling General Administrative is forecasted to decline to about 15.1
M.
Impulse Qingdao fundamental ratios Correlations
Click cells to compare fundamentals
Impulse Qingdao Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Impulse Qingdao fundamental ratios Accounts
Also Currently Popular
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 Impulse Stock
Balance Sheet is a snapshot of the
financial position of Impulse Qingdao Health at a specified time, usually calculated after every quarter, six months, or one year. Impulse Qingdao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Impulse Qingdao 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 Impulse currently owns. An asset can also be divided into two categories, current and non-current.