Wintao Capital Stock vs Non Current Assets Total Analysis

301139 Stock   25.61  0.36  1.43%   
Wintao Communications financial indicator trend analysis is more than just analyzing Wintao Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wintao Communications is a good investment. Please check the relationship between Wintao Communications Capital Stock and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wintao Communications Co. 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.

Capital Stock vs Non Current Assets Total

Capital Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wintao Communications Capital Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wintao Communications' Capital Stock and Non Current Assets Total is 0.8. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Wintao Communications Co, assuming nothing else is changed. The correlation between historical values of Wintao Communications' Capital Stock and Non Current Assets 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 Capital Stock of Wintao Communications Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Capital Stock i.e., Wintao Communications' Capital Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Wintao Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wintao Communications 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 Wintao Communications Co. 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 377.6 K. In addition to that, Selling General Administrative is expected to decline to about 31.9 M
 2021 2022 2023 2024 (projected)
Interest Expense9.2M13.2M9.2M11.3M
Interest Income364.5K3.6M8.5M8.9M

Wintao Communications fundamental ratios Correlations

-0.90.930.980.990.870.960.7-0.960.970.940.60.970.660.940.990.941.00.940.630.980.880.66-0.550.920.6
-0.9-0.95-0.83-0.94-0.92-0.8-0.680.98-0.92-0.78-0.58-0.97-0.64-0.95-0.86-0.97-0.9-0.78-0.54-0.83-0.86-0.640.6-0.96-0.6
0.93-0.950.850.960.990.840.62-0.960.980.770.510.960.561.00.870.990.940.770.720.850.920.56-0.510.940.52
0.98-0.830.850.950.780.980.69-0.910.920.970.590.930.660.861.00.870.980.970.550.990.810.65-0.540.860.6
0.99-0.940.960.950.910.910.72-0.970.990.910.630.990.680.970.960.980.980.910.680.940.930.68-0.570.950.63
0.87-0.920.990.780.910.80.52-0.920.950.670.410.910.460.980.810.960.890.670.720.80.860.46-0.450.890.42
0.96-0.80.840.980.910.80.58-0.880.910.910.470.880.540.840.970.840.970.910.530.990.720.53-0.460.810.47
0.7-0.680.620.690.720.520.58-0.760.690.80.990.681.00.650.70.660.650.80.610.640.751.0-0.950.60.99
-0.960.98-0.96-0.91-0.97-0.92-0.88-0.76-0.97-0.86-0.66-0.97-0.71-0.96-0.92-0.97-0.96-0.86-0.63-0.9-0.88-0.710.67-0.94-0.67
0.97-0.920.980.920.990.950.910.69-0.970.870.590.960.640.980.940.970.980.870.750.920.920.64-0.570.910.59
0.94-0.780.770.970.910.670.910.8-0.860.870.720.880.780.80.970.820.921.00.550.950.810.77-0.630.810.73
0.6-0.580.510.590.630.410.470.99-0.660.590.720.581.00.550.60.560.540.720.60.530.71.0-0.950.51.0
0.97-0.970.960.930.990.910.880.68-0.970.960.880.580.640.970.940.980.970.880.580.920.90.63-0.530.990.59
0.66-0.640.560.660.680.460.541.0-0.710.640.781.00.640.60.660.610.610.780.590.60.721.0-0.950.551.0
0.94-0.951.00.860.970.980.840.65-0.960.980.80.550.970.60.890.990.940.80.730.860.940.59-0.530.950.55
0.99-0.860.871.00.960.810.970.7-0.920.940.970.60.940.660.890.90.980.970.570.990.830.66-0.540.890.6
0.94-0.970.990.870.980.960.840.66-0.970.970.820.560.980.610.990.90.940.820.670.870.930.61-0.530.970.57
1.0-0.90.940.980.980.890.970.65-0.960.980.920.540.970.610.940.980.940.920.620.980.850.61-0.520.920.55
0.94-0.780.770.970.910.670.910.8-0.860.871.00.720.880.780.80.970.820.920.550.950.810.77-0.630.810.73
0.63-0.540.720.550.680.720.530.61-0.630.750.550.60.580.590.730.570.670.620.550.530.820.59-0.560.510.57
0.98-0.830.850.990.940.80.990.64-0.90.920.950.530.920.60.860.990.870.980.950.530.770.6-0.50.850.54
0.88-0.860.920.810.930.860.720.75-0.880.920.810.70.90.720.940.830.930.850.810.820.770.72-0.590.880.7
0.66-0.640.560.650.680.460.531.0-0.710.640.771.00.631.00.590.660.610.610.770.590.60.72-0.950.551.0
-0.550.6-0.51-0.54-0.57-0.45-0.46-0.950.67-0.57-0.63-0.95-0.53-0.95-0.53-0.54-0.53-0.52-0.63-0.56-0.5-0.59-0.95-0.44-0.95
0.92-0.960.940.860.950.890.810.6-0.940.910.810.50.990.550.950.890.970.920.810.510.850.880.55-0.440.52
0.6-0.60.520.60.630.420.470.99-0.670.590.731.00.591.00.550.60.570.550.730.570.540.71.0-0.950.52
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Wintao Communications Account Relationship Matchups

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Other Information on Investing in Wintao Stock

Balance Sheet is a snapshot of the financial position of Wintao Communications at a specified time, usually calculated after every quarter, six months, or one year. Wintao Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wintao Communications 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 Wintao currently owns. An asset can also be divided into two categories, current and non-current.