| 300450 Stock | | | 23.15 1.58 6.39% |
Wuxi Lead financial indicator trend analysis is more than just analyzing Wuxi Lead Auto current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Lead Auto is a good investment. Please check the relationship between Wuxi Lead Cash and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuxi Lead Auto. 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 vs Inventory
Cash vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuxi Lead Auto Cash account and
Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wuxi Lead's Cash and Inventory is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Wuxi Lead Auto, assuming nothing else is changed. The correlation between historical values of Wuxi Lead's Cash and Inventory 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 of Wuxi Lead Auto are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Wuxi Lead's Cash and Inventory go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Wuxi Lead Auto, which is listed under current asset account on Wuxi Lead Auto balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wuxi Lead customers. The amounts must be unrestricted with restricted cash listed in a different Wuxi Lead 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.
Inventory
Most indicators from Wuxi Lead's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Lead Auto 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 Wuxi Lead Auto. 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.
The current year's
Selling General Administrative is expected to grow to about 851.6
M, whereas
Tax Provision is forecasted to decline to about 116.8
M.
Wuxi Lead fundamental ratios Correlations
Click cells to compare fundamentals
Wuxi Lead Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuxi Lead fundamental ratios Accounts
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Other Information on Investing in Wuxi Stock
Balance Sheet is a snapshot of the
financial position of Wuxi Lead Auto at a specified time, usually calculated after every quarter, six months, or one year. Wuxi Lead Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuxi Lead 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 Wuxi currently owns. An asset can also be divided into two categories, current and non-current.