600000 Stock | | | 9.43 0.12 1.29% |
Shanghai Pudong financial indicator trend analysis is much more than just breaking down Shanghai Pudong Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Pudong Deve is a good investment. Please check the relationship between Shanghai Pudong Total Stockholder Equity and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pudong Development. 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Pudong Deve Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Pudong's Total Stockholder Equity and Cash is 0.46. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Shanghai Pudong Development, assuming nothing else is changed. The correlation between historical values of Shanghai Pudong's Total Stockholder Equity 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 Total Stockholder Equity of Shanghai Pudong Development 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 Total Stockholder Equity i.e., Shanghai Pudong's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash
Cash refers to the most liquid asset of Shanghai Pudong Deve, which is listed under current asset account on Shanghai Pudong Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shanghai Pudong customers. The amounts must be unrestricted with restricted cash listed in a different Shanghai Pudong 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 Shanghai Pudong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Pudong Deve 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 Shanghai Pudong Development. 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.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 15
B. In addition to that,
Tax Provision is expected to decline to about 3.1
BShanghai Pudong fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Pudong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Pudong fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Pudong Deve at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Pudong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Pudong 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.