| 300599 Stock | | | 7.74 0.01 0.13% |
Guangdong Xiongsu financial indicator trend analysis is much more than just examining Guangdong Xiongsu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Xiongsu is a good investment. Please check the relationship between Guangdong Xiongsu Cash And Short Term Investments and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Xiongsu Technology. 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 And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong Xiongsu Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Guangdong Xiongsu's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Guangdong Xiongsu Technology, assuming nothing else is changed. The correlation between historical values of Guangdong Xiongsu's Cash And Short Term Investments 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 Cash And Short Term Investments of Guangdong Xiongsu Technology 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 Cash And Short Term Investments i.e., Guangdong Xiongsu's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Guangdong Xiongsu balance sheet. This account contains Guangdong Xiongsu investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Guangdong Xiongsu Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Guangdong Xiongsu, which is listed under current asset account on Guangdong Xiongsu Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guangdong Xiongsu customers. The amounts must be unrestricted with restricted cash listed in a different Guangdong Xiongsu 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 Guangdong Xiongsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Xiongsu 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 Guangdong Xiongsu Technology. 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 109.7
M, whereas
Tax Provision is forecasted to decline to about 9.1
M.
Guangdong Xiongsu fundamental ratios Correlations
Click cells to compare fundamentals
Guangdong Xiongsu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Xiongsu fundamental ratios Accounts
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Other Information on Investing in Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong Xiongsu at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Xiongsu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Xiongsu 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.