300404 Stock | | | 8.94 0.06 0.67% |
Guangzhou Boji financial indicator trend analysis is much more than just examining Guangzhou Boji Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Boji Medical is a good investment. Please check the relationship between Guangzhou Boji Deferred Long Term Liab and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Boji Medical. 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.
Deferred Long Term Liab vs Short Term Investments
Deferred Long Term Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Boji Medical Deferred Long Term Liab account and
Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangzhou Boji's Deferred Long Term Liab and Short Term Investments is -0.78. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Guangzhou Boji Medical, assuming nothing else is changed. The correlation between historical values of Guangzhou Boji's Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Guangzhou Boji Medical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Guangzhou Boji's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Short Term Investments
Short Term Investments is an item under the current assets section of Guangzhou Boji balance sheet. It contains any investments Guangzhou Boji Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Guangzhou Boji Medical can easily liquidate in the marketplace.
Most indicators from Guangzhou Boji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Boji Medical 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 Guangzhou Boji Medical. 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 29, 2024,
Selling General Administrative is expected to decline to about 33.8
M. The current year's
Tax Provision is expected to grow to about (9.1
M)
Guangzhou Boji fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Boji Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Boji fundamental ratios Accounts
Also Currently Popular
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 Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Boji Medical at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Boji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Boji 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.