600406 Stock | | | 25.81 0.66 2.49% |
NARI Technology financial indicator trend analysis is infinitely more than just investigating NARI Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NARI Technology is a good investment. Please check the relationship between NARI Technology Intangible Assets and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in NARI Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Intangible Assets vs Good Will
Intangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NARI Technology Intangible Assets account and
Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between NARI Technology's Intangible Assets and Good Will is 0.79. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of NARI Technology Co, assuming nothing else is changed. The correlation between historical values of NARI Technology's Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of NARI Technology Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., NARI Technology's Intangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from NARI Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NARI Technology 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 NARI Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 25, 2024,
Selling General Administrative is expected to decline to about 951.4
M. In addition to that,
Tax Provision is expected to decline to about 743.5
MNARI Technology fundamental ratios Correlations
Click cells to compare fundamentals
NARI Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NARI Technology fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in NARI Stock
Balance Sheet is a snapshot of the
financial position of NARI Technology at a specified time, usually calculated after every quarter, six months, or one year. NARI Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NARI Technology 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 NARI currently owns. An asset can also be divided into two categories, current and non-current.