600456 Stock | | | 29.60 0.16 0.54% |
BaoJi Titanium financial indicator trend analysis is way more than just evaluating BaoJi Titanium Industry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BaoJi Titanium Industry is a good investment. Please check the relationship between BaoJi Titanium Non Current Liabilities Total and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BaoJi Titanium Industry. 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
BaoJi Titanium Industry Non Current Liabilities Total account and
Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between BaoJi Titanium's Non Current Liabilities Total and Net Receivables is 0.29. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of BaoJi Titanium Industry, assuming nothing else is changed. The correlation between historical values of BaoJi Titanium's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of BaoJi Titanium Industry are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., BaoJi Titanium's Non Current Liabilities Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from BaoJi Titanium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BaoJi Titanium Industry 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 BaoJi Titanium Industry. 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 140.9
M, whereas
Tax Provision is forecasted to decline to about 52.2
M.
Balance Sheet is a snapshot of the
financial position of BaoJi Titanium Industry at a specified time, usually calculated after every quarter, six months, or one year. BaoJi Titanium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BaoJi Titanium 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 BaoJi currently owns. An asset can also be divided into two categories, current and non-current.