300595 Stock | | | 19.64 0.07 0.36% |
Autek China financial indicator trend analysis is way more than just evaluating Autek China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autek China is a good investment. Please check the relationship between Autek China Total Current Liabilities and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Autek China. 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 Current Liabilities vs Net Invested Capital
Total Current Liabilities vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autek China Total Current Liabilities account and
Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Autek China's Total Current Liabilities and Net Invested Capital is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Autek China, assuming nothing else is changed. The correlation between historical values of Autek China's Total Current Liabilities and Net Invested Capital 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 Current Liabilities of Autek China are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Liabilities i.e., Autek China's Total Current Liabilities and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Autek China balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Autek China 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.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Autek China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autek China 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 Autek China. 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 December 11, 2024,
Tax Provision is expected to decline to about 62.5
M. In addition to that,
Selling General Administrative is expected to decline to about 215.8
MAutek China fundamental ratios Correlations
Click cells to compare fundamentals
Autek China Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Autek China fundamental ratios Accounts
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Other Information on Investing in Autek Stock
Balance Sheet is a snapshot of the
financial position of Autek China at a specified time, usually calculated after every quarter, six months, or one year. Autek China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Autek China 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 Autek currently owns. An asset can also be divided into two categories, current and non-current.