| 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 Short Term Investments and its Net Debt 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 And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inner Mongolia Furui Cash And Short Term Investments account and
Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Inner Mongolia's Cash And Short Term Investments and Net Debt is -0.94. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt 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 Short Term Investments and Net 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 Cash And Short Term Investments of Inner Mongolia Furui are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Inner Mongolia's Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Inner Mongolia Furui balance sheet. This account contains Inner Mongolia investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Inner Mongolia Furui fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.