600874 Stock | | | 5.93 0.03 0.51% |
Tianjin Capital financial indicator trend analysis is much more than just breaking down Tianjin Capital Envi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Capital Envi is a good investment. Please check the relationship between Tianjin Capital Issuance Of Capital Stock and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Capital Environmental. 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.
Issuance Of Capital Stock vs Capital Expenditures
Issuance Of Capital Stock vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Capital Envi Issuance Of Capital Stock account and
Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures is -0.31. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Tianjin Capital Environmental, assuming nothing else is changed. The correlation between historical values of Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Tianjin Capital Environmental are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Issuance Of Capital Stock i.e., Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Issuance Of Capital Stock
Capital Expenditures
Capital Expenditures are funds used by Tianjin Capital Envi to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tianjin Capital operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Tianjin Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Capital Envi 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 Tianjin Capital Environmental. 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 74.3
M, whereas
Tax Provision is forecasted to decline to about 174.8
M.
Tianjin Capital fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Capital fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin Capital Envi at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Capital 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.