| 300288 Stock | | | 14.89 0.61 3.94% |
Longmaster Information financial indicator trend analysis is infinitely more than just investigating Longmaster Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longmaster Information is a good investment. Please check the relationship between Longmaster Information Total Assets and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Longmaster Information Tech. 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.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Longmaster Information Total Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Longmaster Information's Total Assets and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Longmaster Information Tech, assuming nothing else is changed. The correlation between historical values of Longmaster Information's Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Longmaster Information Tech are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Longmaster Information's Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Longmaster Information assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Longmaster Information books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Current Liabilities
Total Current Liabilities is an item on Longmaster Information balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Longmaster Information Tech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Longmaster Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longmaster 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 Longmaster Information Tech. 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 23, 2024,
Selling General Administrative is expected to decline to about 21.3
M. In addition to that,
Tax Provision is expected to decline to about 9.9
MLongmaster Information fundamental ratios Correlations
Click cells to compare fundamentals
Longmaster Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Longmaster Information fundamental ratios Accounts
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Other Information on Investing in Longmaster Stock
Balance Sheet is a snapshot of the
financial position of Longmaster Information at a specified time, usually calculated after every quarter, six months, or one year. Longmaster Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Longmaster Information 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 Longmaster currently owns. An asset can also be divided into two categories, current and non-current.