600167 Stock | | | 6.10 0.02 0.33% |
Luenmei Quantum financial indicator trend analysis is infinitely more than just investigating Luenmei Quantum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luenmei Quantum is a good investment. Please check the relationship between Luenmei Quantum Capital Expenditures and its Change To Operating Activities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Luenmei Quantum 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 Expenditures vs Change To Operating Activities
Capital Expenditures vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Luenmei Quantum Capital Expenditures account and
Change To Operating Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Luenmei Quantum's Capital Expenditures and Change To Operating Activities is 0.11. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Luenmei Quantum Co, assuming nothing else is changed. The correlation between historical values of Luenmei Quantum's Capital Expenditures and Change To Operating Activities 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 Expenditures of Luenmei Quantum Co are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Capital Expenditures i.e., Luenmei Quantum's Capital Expenditures and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Luenmei Quantum to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Luenmei Quantum operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Operating Activities
Most indicators from Luenmei Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luenmei Quantum 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 Luenmei Quantum 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.
The current year's
Selling General Administrative is expected to grow to about 173.4
M. The current year's
Tax Provision is expected to grow to about 230.2
MLuenmei Quantum fundamental ratios Correlations
Click cells to compare fundamentals
Luenmei Quantum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luenmei Quantum fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Luenmei Stock
Balance Sheet is a snapshot of the
financial position of Luenmei Quantum at a specified time, usually calculated after every quarter, six months, or one year. Luenmei Quantum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luenmei Quantum 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 Luenmei currently owns. An asset can also be divided into two categories, current and non-current.