002956 Stock | | | 14.56 0.37 2.61% |
Guilin Seamild financial indicator trend analysis is much more than just examining Guilin Seamild Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guilin Seamild Foods is a good investment. Please check the relationship between Guilin Seamild Total Current Assets and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guilin Seamild Foods. 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 Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guilin Seamild Foods Total Current Assets account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Guilin Seamild's Total Current Assets and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Guilin Seamild Foods, assuming nothing else is changed. The correlation between historical values of Guilin Seamild's Total Current Assets 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 Total Current Assets of Guilin Seamild Foods 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 Total Current Assets i.e., Guilin Seamild's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Assets
Total assets refers to the total amount of Guilin Seamild 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 Guilin Seamild Foods 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 Guilin Seamild's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guilin Seamild Foods 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 Guilin Seamild Foods. 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 20.2
M, whereas
Selling General Administrative is forecasted to decline to about 397.5
M.
Guilin Seamild fundamental ratios Correlations
Click cells to compare fundamentals
Guilin Seamild Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guilin Seamild fundamental ratios Accounts
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Other Information on Investing in Guilin Stock
Balance Sheet is a snapshot of the
financial position of Guilin Seamild Foods at a specified time, usually calculated after every quarter, six months, or one year. Guilin Seamild Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guilin Seamild 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 Guilin currently owns. An asset can also be divided into two categories, current and non-current.