600386 Stock | | | 4.97 0.21 4.41% |
Beijing Bashi financial indicator trend analysis is way more than just evaluating Beijing Bashi Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Bashi Media is a good investment. Please check the relationship between Beijing Bashi Cash and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Bashi Media. 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.
Cash vs Property Plant Equipment
Cash vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Bashi Media Cash account and
Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Bashi's Cash and Property Plant Equipment is 0.21. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Beijing Bashi Media, assuming nothing else is changed. The correlation between historical values of Beijing Bashi's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Beijing Bashi Media are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Beijing Bashi's Cash and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Beijing Bashi Media, which is listed under current asset account on Beijing Bashi Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beijing Bashi customers. The amounts must be unrestricted with restricted cash listed in a different Beijing Bashi 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.
Property Plant Equipment
Most indicators from Beijing Bashi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Bashi Media 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 Beijing Bashi Media. 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 314
M. The current year's
Tax Provision is expected to grow to about 46.7
MBeijing Bashi fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Bashi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Bashi fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Bashi Media at a specified time, usually calculated after every quarter, six months, or one year. Beijing Bashi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Bashi 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.