Guangzhou Hangxin financial indicator trend analysis is much more than just examining Guangzhou Hangxin latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Hangxin is a good investment. Please check the relationship between Guangzhou Hangxin Inventory and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Hangxin Aviation. 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.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Hangxin Inventory account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Hangxin's Inventory and Cash is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Guangzhou Hangxin Aviation, assuming nothing else is changed. The correlation between historical values of Guangzhou Hangxin's Inventory 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 Inventory of Guangzhou Hangxin Aviation 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 Inventory i.e., Guangzhou Hangxin's Inventory and Cash go up and down completely randomly.
Cash refers to the most liquid asset of Guangzhou Hangxin, which is listed under current asset account on Guangzhou Hangxin Aviation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guangzhou Hangxin customers. The amounts must be unrestricted with restricted cash listed in a different Guangzhou Hangxin 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 Guangzhou Hangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Hangxin 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 Hangxin Aviation. 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.
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.
Balance Sheet is a snapshot of the financial position of Guangzhou Hangxin at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Hangxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Hangxin 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.