600389 Stock | | | 15.40 0.18 1.18% |
Nantong Jiangshan financial indicator trend analysis is infinitely more than just investigating Nantong Jiangshan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Jiangshan is a good investment. Please check the relationship between Nantong Jiangshan Long Term Debt and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Jiangshan Agrochemical. 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 Debt vs Short Term Investments
Long Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nantong Jiangshan Long Term Debt account and
Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nantong Jiangshan's Long Term Debt and Short Term Investments is 0.17. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Nantong Jiangshan Agrochemical, assuming nothing else is changed. The correlation between historical values of Nantong Jiangshan's Long Term Debt and Short 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 Long Term Debt of Nantong Jiangshan Agrochemical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Debt i.e., Nantong Jiangshan's Long Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Nantong Jiangshan has held for over one year. Long-term debt appears on Nantong Jiangshan Agrochemical 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 Nantong Jiangshan Agrochemical 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.
Short Term Investments
Short Term Investments is an item under the current assets section of Nantong Jiangshan balance sheet. It contains any investments Nantong Jiangshan Agrochemical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nantong Jiangshan can easily liquidate in the marketplace.
Most indicators from Nantong Jiangshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Jiangshan 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 Nantong Jiangshan Agrochemical. 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 110.8
M, whereas
Tax Provision is forecasted to decline to about 53.8
M.
Nantong Jiangshan fundamental ratios Correlations
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Nantong Jiangshan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nantong Jiangshan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nantong Stock
Balance Sheet is a snapshot of the
financial position of Nantong Jiangshan at a specified time, usually calculated after every quarter, six months, or one year. Nantong Jiangshan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nantong Jiangshan 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 Nantong currently owns. An asset can also be divided into two categories, current and non-current.