Anhui Capital Stock vs Cash Analysis

301217 Stock   11.08  0.09  0.82%   
Anhui Tongguan financial indicator trend analysis is way more than just evaluating Anhui Tongguan Copper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Tongguan Copper is a good investment. Please check the relationship between Anhui Tongguan Capital Stock and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Tongguan Copper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Stock vs Cash

Capital Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Tongguan Copper Capital Stock account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Anhui Tongguan's Capital Stock and Cash is 0.94. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Anhui Tongguan Copper, assuming nothing else is changed. The correlation between historical values of Anhui Tongguan's Capital Stock 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 Capital Stock of Anhui Tongguan Copper 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 Capital Stock i.e., Anhui Tongguan's Capital Stock and Cash go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

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

Cash

Cash refers to the most liquid asset of Anhui Tongguan Copper, which is listed under current asset account on Anhui Tongguan Copper balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anhui Tongguan customers. The amounts must be unrestricted with restricted cash listed in a different Anhui Tongguan 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 Anhui Tongguan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Tongguan Copper 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 Anhui Tongguan Copper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 18.2 M, whereas Tax Provision is projected to grow to (11.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense65.9M27.0M17.4M16.5M
Interest Income610.9K28.7M23.6M12.7M

Anhui Tongguan fundamental ratios Correlations

-0.77-0.410.990.760.83-0.10.970.88-0.49-0.230.810.980.070.95-0.91-0.371.0-0.330.990.990.98-0.760.910.95-0.75
-0.770.19-0.75-0.97-0.570.63-0.73-0.540.890.4-0.93-0.690.08-0.80.880.23-0.81-0.29-0.8-0.74-0.760.81-0.62-0.70.58
-0.410.19-0.5-0.12-0.330.18-0.57-0.20.30.39-0.09-0.370.27-0.130.520.97-0.430.56-0.45-0.36-0.550.34-0.23-0.250.02
0.99-0.75-0.50.730.83-0.140.990.84-0.5-0.290.790.97-0.010.91-0.93-0.470.99-0.361.00.971.0-0.740.870.91-0.67
0.76-0.97-0.120.730.46-0.520.690.62-0.87-0.180.870.720.130.82-0.82-0.110.80.230.770.770.73-0.770.680.74-0.64
0.83-0.57-0.330.830.46-0.120.860.62-0.22-0.590.790.76-0.370.78-0.81-0.410.83-0.180.850.760.84-0.610.640.71-0.5
-0.10.630.18-0.14-0.52-0.12-0.20.30.820.67-0.50.050.6-0.070.480.33-0.18-0.68-0.2-0.01-0.210.290.210.1-0.23
0.97-0.73-0.570.990.690.86-0.20.77-0.51-0.380.780.93-0.120.86-0.95-0.550.98-0.350.990.941.0-0.70.80.85-0.59
0.88-0.54-0.20.840.620.620.30.77-0.220.180.590.950.490.91-0.63-0.090.85-0.50.820.940.79-0.690.990.98-0.92
-0.490.890.3-0.5-0.87-0.220.82-0.51-0.220.37-0.68-0.40.13-0.470.720.34-0.56-0.39-0.54-0.46-0.530.64-0.31-0.380.27
-0.230.40.39-0.29-0.18-0.590.67-0.380.180.37-0.51-0.070.9-0.130.540.6-0.28-0.34-0.33-0.1-0.350.350.12-0.01-0.17
0.81-0.93-0.090.790.870.79-0.50.780.59-0.68-0.510.73-0.20.87-0.89-0.170.840.270.840.770.79-0.790.650.74-0.61
0.98-0.69-0.370.970.720.760.050.930.95-0.4-0.070.730.230.95-0.83-0.30.97-0.430.961.00.94-0.740.960.98-0.82
0.070.080.27-0.010.13-0.370.6-0.120.490.130.9-0.20.230.190.240.480.02-0.35-0.040.21-0.08-0.10.450.34-0.56
0.95-0.8-0.130.910.820.78-0.070.860.91-0.47-0.130.870.950.19-0.83-0.10.94-0.150.930.960.88-0.780.930.96-0.85
-0.910.880.52-0.93-0.82-0.810.48-0.95-0.630.720.54-0.89-0.830.24-0.830.55-0.940.07-0.95-0.86-0.950.78-0.69-0.770.53
-0.370.230.97-0.47-0.11-0.410.33-0.55-0.090.340.6-0.17-0.30.48-0.10.55-0.40.39-0.43-0.29-0.520.37-0.13-0.18-0.05
1.0-0.81-0.430.990.80.83-0.180.980.85-0.56-0.280.840.970.020.94-0.94-0.4-0.271.00.980.99-0.780.880.93-0.72
-0.33-0.290.56-0.360.23-0.18-0.68-0.35-0.5-0.39-0.340.27-0.43-0.35-0.150.070.39-0.27-0.28-0.37-0.340.01-0.44-0.360.26
0.99-0.8-0.451.00.770.85-0.20.990.82-0.54-0.330.840.96-0.040.93-0.95-0.431.0-0.280.970.99-0.750.850.9-0.67
0.99-0.74-0.360.970.770.76-0.010.940.94-0.46-0.10.771.00.210.96-0.86-0.290.98-0.370.970.95-0.760.960.98-0.81
0.98-0.76-0.551.00.730.84-0.211.00.79-0.53-0.350.790.94-0.080.88-0.95-0.520.99-0.340.990.95-0.720.820.87-0.61
-0.760.810.34-0.74-0.77-0.610.29-0.7-0.690.640.35-0.79-0.74-0.1-0.780.780.37-0.780.01-0.75-0.76-0.72-0.75-0.810.81
0.91-0.62-0.230.870.680.640.210.80.99-0.310.120.650.960.450.93-0.69-0.130.88-0.440.850.960.82-0.750.99-0.93
0.95-0.7-0.250.910.740.710.10.850.98-0.38-0.010.740.980.340.96-0.77-0.180.93-0.360.90.980.87-0.810.99-0.92
-0.750.580.02-0.67-0.64-0.5-0.23-0.59-0.920.27-0.17-0.61-0.82-0.56-0.850.53-0.05-0.720.26-0.67-0.81-0.610.81-0.93-0.92
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Anhui Tongguan Account Relationship Matchups

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Other Information on Investing in Anhui Stock

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