600363 Stock | | | 44.40 1.41 3.08% |
Jiangxi Lianchuang financial indicator trend analysis is infinitely more than just investigating Jiangxi Lianchuang Opto recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Lianchuang Opto is a good investment. Please check the relationship between Jiangxi Lianchuang Long Term Investments and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Lianchuang Opto electronic. 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 Investments vs Cash
Long Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Lianchuang Opto Long Term Investments account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangxi Lianchuang's Long Term Investments and Cash is 0.76. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Jiangxi Lianchuang Opto electronic, assuming nothing else is changed. The correlation between historical values of Jiangxi Lianchuang's Long Term Investments 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 Long Term Investments of Jiangxi Lianchuang Opto electronic 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 Long Term Investments i.e., Jiangxi Lianchuang's Long Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Jiangxi Lianchuang balance sheet that represents investments Jiangxi Lianchuang Opto intends to hold for over a year. Jiangxi Lianchuang Opto electronic long term investments may include different instruments such as stocks, bonds, real estate and cash.
Cash
Cash refers to the most liquid asset of Jiangxi Lianchuang Opto, which is listed under current asset account on Jiangxi Lianchuang Opto electronic balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangxi Lianchuang customers. The amounts must be unrestricted with restricted cash listed in a different Jiangxi Lianchuang 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 Jiangxi Lianchuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Lianchuang Opto 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 Jiangxi Lianchuang Opto electronic. 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 133.7
M, whereas
Tax Provision is forecasted to decline to about 4.4
M.
Jiangxi Lianchuang fundamental ratios Correlations
Click cells to compare fundamentals
Jiangxi Lianchuang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangxi Lianchuang fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangxi Stock
Balance Sheet is a snapshot of the
financial position of Jiangxi Lianchuang Opto at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Lianchuang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Lianchuang 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.