| 002995 Stock | | | 24.47 0.18 0.74% |
Beijing Quanshi financial indicator trend analysis is way more than just evaluating Beijing Quanshi World prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Quanshi World is a good investment. Please check the relationship between Beijing Quanshi Total Current Liabilities and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Quanshi World. 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 Liabilities vs Non Current Assets Total
Total Current Liabilities vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Quanshi World Total Current Liabilities account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Quanshi's Total Current Liabilities and Non Current Assets Total is 0.42. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Beijing Quanshi World, assuming nothing else is changed. The correlation between historical values of Beijing Quanshi's Total Current Liabilities 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 Total Current Liabilities of Beijing Quanshi World 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 Total Current Liabilities i.e., Beijing Quanshi's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Beijing Quanshi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beijing Quanshi World are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Beijing Quanshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Quanshi World 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 Beijing Quanshi World. 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
Selling General Administrative is expected to grow to about 72.4
M, whereas
Tax Provision is projected to grow to (3.3
M).
Beijing Quanshi fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Quanshi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Quanshi fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Quanshi World at a specified time, usually calculated after every quarter, six months, or one year. Beijing Quanshi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Quanshi 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.