600666 Stock | | | 2.51 0.03 1.21% |
Aurora Optoelectronics financial indicator trend analysis is way more than just evaluating Aurora Optoelectronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Optoelectronics is a good investment. Please check the relationship between Aurora Optoelectronics Deferred Long Term Liab and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Optoelectronics 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 nation.
Deferred Long Term Liab vs Short Long Term Debt
Deferred Long Term Liab vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aurora Optoelectronics Deferred Long Term Liab account and
Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Optoelectronics' Deferred Long Term Liab and Short Long Term Debt is 0.72. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Aurora Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Aurora Optoelectronics' Deferred Long Term Liab and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Aurora Optoelectronics Co are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Aurora Optoelectronics' Deferred Long Term Liab and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Aurora Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Optoelectronics 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 Aurora Optoelectronics 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 nation.
The current year's
Tax Provision is expected to grow to about 76.1
M, whereas
Selling General Administrative is forecasted to decline to about 45.3
M.
Aurora Optoelectronics fundamental ratios Correlations
Click cells to compare fundamentals
Aurora Optoelectronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurora Optoelectronics fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Aurora Stock
Balance Sheet is a snapshot of the
financial position of Aurora Optoelectronics at a specified time, usually calculated after every quarter, six months, or one year. Aurora Optoelectronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aurora Optoelectronics 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 Aurora currently owns. An asset can also be divided into two categories, current and non-current.