| 600883 Stock | | | 7.80 0.13 1.69% |
Yunnan Bowin financial indicator trend analysis is more than just analyzing Yunnan Bowin Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Bowin Technology is a good investment. Please check the relationship between Yunnan Bowin Long Term Investments and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Bowin Technology. 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.
Long Term Investments vs Long Term Debt
Long Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Bowin Technology Long Term Investments account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yunnan Bowin's Long Term Investments and Long Term Debt is -0.15. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Yunnan Bowin Technology, assuming nothing else is changed. The correlation between historical values of Yunnan Bowin's Long Term Investments and 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 Long Term Investments of Yunnan Bowin Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Yunnan Bowin's Long Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Yunnan Bowin balance sheet that represents investments Yunnan Bowin Technology intends to hold for over a year. Yunnan Bowin Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.
Long Term Debt
Long-term debt is a debt that Yunnan Bowin Technology has held for over one year. Long-term debt appears on Yunnan Bowin Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Yunnan Bowin Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Yunnan Bowin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Bowin Technology 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 Yunnan Bowin Technology. 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 December 12, 2024,
Selling General Administrative is expected to decline to about 10.6
M. In addition to that,
Tax Provision is expected to decline to 213.75
Yunnan Bowin fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Bowin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Bowin fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Bowin Technology at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Bowin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Bowin 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.