600491 Stock | | | 3.98 0.16 3.86% |
Long Yuan financial indicator trend analysis is infinitely more than just investigating Long Yuan Construction recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Long Yuan Construction is a good investment. Please check the relationship between Long Yuan Other Stockholder Equity and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Long Yuan Construction. 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.
Other Stockholder Equity vs Retained Earnings
Other Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Long Yuan Construction Other Stockholder Equity account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Long Yuan's Other Stockholder Equity and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Long Yuan Construction, assuming nothing else is changed. The correlation between historical values of Long Yuan's Other Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Long Yuan Construction are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Stockholder Equity i.e., Long Yuan's Other Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Long Yuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Long Yuan Construction 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 Long Yuan Construction. 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.
As of November 23, 2024,
Selling General Administrative is expected to decline to about 120.9
M. The current year's
Tax Provision is expected to grow to about (83.8
M)
Long Yuan fundamental ratios Correlations
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Long Yuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Long Yuan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Long Stock
Balance Sheet is a snapshot of the
financial position of Long Yuan Construction at a specified time, usually calculated after every quarter, six months, or one year. Long Yuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Long Yuan 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 Long currently owns. An asset can also be divided into two categories, current and non-current.