600322 Stock | | | 2.38 0.10 4.39% |
Tianjin Realty financial indicator trend analysis is much more than just breaking down Tianjin Realty Devel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Realty Devel is a good investment. Please check the relationship between Tianjin Realty Net Borrowings and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Realty 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 nation.
Net Borrowings vs Depreciation
Net Borrowings vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Realty Devel Net Borrowings account and
Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Tianjin Realty's Net Borrowings and Depreciation is -0.78. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation in the same time period over historical financial statements of Tianjin Realty Development, assuming nothing else is changed. The correlation between historical values of Tianjin Realty's Net Borrowings 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 Net Borrowings of Tianjin Realty Development 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 Net Borrowings i.e., Tianjin Realty's Net Borrowings and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Depreciation
Depreciation indicates how much of Tianjin Realty Devel value has been used up. For tax purposes Tianjin Realty can deduct the cost of the tangible assets it purchases as business expenses. However, Tianjin Realty Development 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 Tianjin Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Realty Devel 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 Tianjin Realty 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 nation.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 172.2
M. In addition to that,
Tax Provision is expected to decline to about 25.5
MTianjin Realty fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Realty fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin Realty Devel at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Realty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Realty 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.