600386 Stock | | | 4.30 0.04 0.94% |
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 Other Current Liab and its Inventory 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Bashi Media Other Current Liab account and
Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Bashi's Other Current Liab and Inventory is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory 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 Other Current Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Beijing Bashi Media are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., Beijing Bashi's Other Current Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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
MBalance 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.