002987 Stock | | | 16.02 1.09 7.30% |
Northking Information financial indicator trend analysis is infinitely more than just investigating Northking Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northking Information is a good investment. Please check the relationship between Northking Information Non Current Assets Total and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Northking Information Technology. 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.
Non Current Assets Total vs Selling General Administrative
Non Current Assets Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northking Information Non Current Assets Total account and
Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Northking Information's Non Current Assets Total and Selling General Administrative is 0.21. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Northking Information Technology, assuming nothing else is changed. The correlation between historical values of Northking Information's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Northking Information Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Northking Information's Non Current Assets Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Selling General Administrative
Most indicators from Northking Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northking Information 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 Northking Information Technology. 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 (5.9
M). In addition to that, Selling General Administrative is expected to decline to about 76.7
MNorthking Information fundamental ratios Correlations
Click cells to compare fundamentals
Northking Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northking Information 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 Northking Stock
Balance Sheet is a snapshot of the
financial position of Northking Information at a specified time, usually calculated after every quarter, six months, or one year. Northking Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northking Information 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 Northking currently owns. An asset can also be divided into two categories, current and non-current.