300699 Stock | | | 34.62 0.70 2.06% |
Weihai Guangwei financial indicator trend analysis is more than just analyzing Weihai Guangwei Comp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weihai Guangwei Comp is a good investment. Please check the relationship between Weihai Guangwei Property Plant And Equipment Net and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Weihai Guangwei Composites. 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.
Property Plant And Equipment Net vs Non Current Liabilities Total
Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Weihai Guangwei Comp Property Plant And Equipment Net account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Weihai Guangwei's Property Plant And Equipment Net and Non Current Liabilities Total is -0.03. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Weihai Guangwei Composites, assuming nothing else is changed. The correlation between historical values of Weihai Guangwei's Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Weihai Guangwei Composites are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Weihai Guangwei's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Liabilities Total
Most indicators from Weihai Guangwei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weihai Guangwei Comp 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 Weihai Guangwei Composites. 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 November 30, 2024,
Selling General Administrative is expected to decline to about 62.6
M. In addition to that,
Tax Provision is expected to decline to about 87.9
MWeihai Guangwei fundamental ratios Correlations
Click cells to compare fundamentals
Weihai Guangwei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weihai Guangwei fundamental ratios Accounts
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Other Information on Investing in Weihai Stock
Balance Sheet is a snapshot of the
financial position of Weihai Guangwei Comp at a specified time, usually calculated after every quarter, six months, or one year. Weihai Guangwei Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Weihai Guangwei 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 Weihai currently owns. An asset can also be divided into two categories, current and non-current.