200539 Stock | | | 2.00 0.01 0.50% |
Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric 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 Guangdong Electric Power. 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
Guangdong Electric Power Non Current Assets Total account and
Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangdong Electric's Non Current Assets Total and Selling General Administrative is 0.55. 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 Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric'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 Guangdong Electric Power 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., Guangdong Electric's Non Current Assets Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | 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 Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. 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 1.4
B. The current year's
Tax Provision is expected to grow to about 829.4
MGuangdong Electric fundamental ratios Correlations
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Guangdong Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Electric fundamental ratios Accounts
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Other Information on Investing in Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong Electric Power at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Electric 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.