| 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 Total Current Liabilities and its Long Term Investments 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.
Total Current Liabilities vs Long Term Investments
Total Current Liabilities vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Bashi Media Total Current Liabilities account and
Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Beijing Bashi's Total Current Liabilities and Long Term Investments is -0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Investments 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 Total Current Liabilities and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Beijing Bashi Media are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Liabilities i.e., Beijing Bashi's Total Current Liabilities and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.84 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Beijing Bashi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beijing Bashi Media are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Long Term Investments
Long Term Investments is an item on the asset side of Beijing Bashi balance sheet that represents investments Beijing Bashi Media intends to hold for over a year. Beijing Bashi Media long term investments may include different instruments such as stocks, bonds, real estate and cash.
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
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Beijing Bashi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Bashi fundamental ratios Accounts
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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.