300059 Stock | | | 27.26 1.48 5.74% |
East Money financial indicator trend analysis is much more than just examining East Money Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East Money Information is a good investment. Please check the relationship between East Money Non Current Assets Total and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in East Money Information. 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 Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
East Money Information Non Current Assets Total account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between East Money's Non Current Assets Total and Cash is 0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of East Money Information, assuming nothing else is changed. The correlation between historical values of East Money's Non Current Assets Total and Cash 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 East Money Information are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., East Money's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Cash
Cash refers to the most liquid asset of East Money Information, which is listed under current asset account on East Money Information balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from East Money customers. The amounts must be unrestricted with restricted cash listed in a different East Money 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.
Most indicators from East Money's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East Money Information 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 East Money Information. 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 30, 2024,
Selling General Administrative is expected to decline to about 578.9
M. In addition to that,
Tax Provision is expected to decline to about 719.7
MEast Money fundamental ratios Correlations
Click cells to compare fundamentals
East Money Account Relationship Matchups
High Positive Relationship
High Negative Relationship
East Money fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in East Stock
Balance Sheet is a snapshot of the
financial position of East Money Information at a specified time, usually calculated after every quarter, six months, or one year. East Money Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of East Money 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 East currently owns. An asset can also be divided into two categories, current and non-current.