300013 Stock | | | 3.73 0.06 1.63% |
Jiangsu Xinning financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinning Modern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinning Modern is a good investment. Please check the relationship between Jiangsu Xinning Cash and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Xinning Modern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Property Plant Equipment
Cash vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Xinning Modern Cash account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiangsu Xinning's Cash and Property Plant Equipment is -0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Jiangsu Xinning Modern, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinning's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jiangsu Xinning Modern are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Jiangsu Xinning's Cash and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Jiangsu Xinning Modern, which is listed under current asset account on Jiangsu Xinning Modern balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangsu Xinning customers. The amounts must be unrestricted with restricted cash listed in a different Jiangsu Xinning account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant Equipment
Most indicators from Jiangsu Xinning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinning Modern 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 Jiangsu Xinning Modern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 23, 2024,
Selling General Administrative is expected to decline to about 41.2
M. The current year's
Tax Provision is expected to grow to about (2.1
M)
Jiangsu Xinning fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Xinning Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Xinning fundamental ratios Accounts
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Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Xinning Modern at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Xinning Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Xinning 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.