| 300049 Stock | | | 37.28 0.29 0.78% |
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia Furui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia Furui is a good investment. Please check the relationship between Inner Mongolia Cash and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia Furui. 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.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inner Mongolia Furui Cash account and
Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Inner Mongolia's Cash and Net Receivables is 0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Inner Mongolia Furui, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Cash and Net Receivables 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 Inner Mongolia Furui are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Inner Mongolia's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Inner Mongolia Furui, which is listed under current asset account on Inner Mongolia Furui balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Inner Mongolia customers. The amounts must be unrestricted with restricted cash listed in a different Inner Mongolia 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.
Net Receivables
Most indicators from Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia Furui 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 Inner Mongolia Furui. 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.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 40.9
M. In addition to that,
Tax Provision is expected to decline to about 37.3
MInner Mongolia fundamental ratios Correlations
Click cells to compare fundamentals
Inner Mongolia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inner Mongolia fundamental ratios Accounts
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Other Information on Investing in Inner Stock
Balance Sheet is a snapshot of the
financial position of Inner Mongolia Furui at a specified time, usually calculated after every quarter, six months, or one year. Inner Mongolia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inner Mongolia 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 Inner currently owns. An asset can also be divided into two categories, current and non-current.