200596 Stock | | | 111.30 1.21 1.10% |
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Inventory and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Gujing Distillery Inventory account and
Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Anhui Gujing's Inventory and Long Term Debt is 0.38. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Anhui Gujing Distillery are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Anhui Gujing's Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Long Term Debt
Long-term debt is a debt that Anhui Gujing Distillery has held for over one year. Long-term debt appears on Anhui Gujing Distillery balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Anhui Gujing Distillery balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery 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 Anhui Gujing Distillery. 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 6
B, whereas
Tax Provision is forecasted to decline to about 868.7
M.
Anhui Gujing fundamental ratios Correlations
Click cells to compare fundamentals
Anhui Gujing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Gujing fundamental ratios Accounts
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Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Anhui Gujing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Gujing 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.