| 600462 Stock | | | 1.48 0.03 1.99% |
Hubei Geoway financial indicator trend analysis is much more than just examining Hubei Geoway Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Geoway Investment is a good investment. Please check the relationship between Hubei Geoway Total Current Assets and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Geoway Investment. 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 Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hubei Geoway Investment Total Current Assets account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Hubei Geoway's Total Current Assets and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hubei Geoway Investment, assuming nothing else is changed. The correlation between historical values of Hubei Geoway's Total Current Assets and Total Assets 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 Assets of Hubei Geoway Investment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Hubei Geoway's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Assets
Total assets refers to the total amount of Hubei Geoway assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hubei Geoway Investment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Hubei Geoway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Geoway Investment 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 Hubei Geoway Investment. 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
Tax Provision is expected to grow to about 8.5
M, whereas
Selling General Administrative is forecasted to decline to about 54.1
M.
Hubei Geoway fundamental ratios Correlations
Click cells to compare fundamentals
Hubei Geoway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubei Geoway fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the
financial position of Hubei Geoway Investment at a specified time, usually calculated after every quarter, six months, or one year. Hubei Geoway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Geoway 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.