600368 Stock | | | 3.89 0.03 0.78% |
Guangxi Wuzhou financial indicator trend analysis is much more than just examining Guangxi Wuzhou Commu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Wuzhou Commu is a good investment. Please check the relationship between Guangxi Wuzhou Inventory and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Wuzhou Communications. 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangxi Wuzhou Commu Inventory account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangxi Wuzhou's Inventory and Long Term Debt is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Guangxi Wuzhou Communications, assuming nothing else is changed. The correlation between historical values of Guangxi Wuzhou's Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Guangxi Wuzhou Communications are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Guangxi Wuzhou's Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Long Term Debt
Long-term debt is a debt that Guangxi Wuzhou Commu has held for over one year. Long-term debt appears on Guangxi Wuzhou Communications 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 Guangxi Wuzhou Communications 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.
Most indicators from Guangxi Wuzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Wuzhou Commu 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 Guangxi Wuzhou Communications. 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 December 2, 2024,
Selling General Administrative is expected to decline to about 41.9
M. In addition to that,
Tax Provision is expected to decline to about 95.2
MGuangxi Wuzhou fundamental ratios Correlations
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Guangxi Wuzhou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangxi Wuzhou fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guangxi Stock
Balance Sheet is a snapshot of the
financial position of Guangxi Wuzhou Commu at a specified time, usually calculated after every quarter, six months, or one year. Guangxi Wuzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangxi Wuzhou 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 Guangxi currently owns. An asset can also be divided into two categories, current and non-current.