600223 Stock | | | 7.14 0.13 1.85% |
Lushang Property financial indicator trend analysis is infinitely more than just investigating Lushang Property recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lushang Property is a good investment. Please check the relationship between Lushang Property Change In Cash and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lushang Property 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.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lushang Property Change In Cash account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lushang Property's Change In Cash and Depreciation is -0.69. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Lushang Property Co, assuming nothing else is changed. The correlation between historical values of Lushang Property's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Lushang Property Co are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Lushang Property's Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change In Cash
Depreciation
Depreciation indicates how much of Lushang Property value has been used up. For tax purposes Lushang Property can deduct the cost of the tangible assets it purchases as business expenses. However, Lushang Property Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Lushang Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lushang Property 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 Lushang Property 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 1.5
B, whereas
Tax Provision is forecasted to decline to about 44.5
M.
Lushang Property fundamental ratios Correlations
Click cells to compare fundamentals
Lushang Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lushang Property fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Lushang Stock
Balance Sheet is a snapshot of the
financial position of Lushang Property at a specified time, usually calculated after every quarter, six months, or one year. Lushang Property Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lushang Property 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 Lushang currently owns. An asset can also be divided into two categories, current and non-current.