600053 Stock | | | 14.82 0.80 5.12% |
Kunwu Jiuding financial indicator trend analysis is infinitely more than just investigating Kunwu Jiuding Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunwu Jiuding Investment is a good investment. Please check the relationship between Kunwu Jiuding Long Term Debt and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunwu Jiuding Investment. 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kunwu Jiuding Investment Long Term Debt account and
Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kunwu Jiuding's Long Term Debt and Net Tangible Assets is -0.07. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Kunwu Jiuding Investment, assuming nothing else is changed. The correlation between historical values of Kunwu Jiuding's Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Kunwu Jiuding Investment are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Kunwu Jiuding's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Kunwu Jiuding Investment has held for over one year. Long-term debt appears on Kunwu Jiuding Investment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kunwu Jiuding Investment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Kunwu Jiuding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunwu Jiuding Investment 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 Kunwu Jiuding Investment. 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 149.7
M, whereas
Tax Provision is projected to grow to (7.6
M).
Kunwu Jiuding fundamental ratios Correlations
Click cells to compare fundamentals
Kunwu Jiuding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kunwu Jiuding fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Kunwu Stock
Balance Sheet is a snapshot of the
financial position of Kunwu Jiuding Investment at a specified time, usually calculated after every quarter, six months, or one year. Kunwu Jiuding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kunwu Jiuding 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 Kunwu currently owns. An asset can also be divided into two categories, current and non-current.