600959 Stock | | | 3.58 0.02 0.56% |
Jiangsu Broadcasting financial indicator trend analysis is infinitely more than just investigating Jiangsu Broadcasting recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Broadcasting is a good investment. Please check the relationship between Jiangsu Broadcasting Capital Expenditures and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Broadcasting Cable. 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.
Capital Expenditures vs Change To Account Receivables
Capital Expenditures vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Broadcasting Capital Expenditures account and
Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiangsu Broadcasting's Capital Expenditures and Change To Account Receivables is -0.07. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Jiangsu Broadcasting Cable, assuming nothing else is changed. The correlation between historical values of Jiangsu Broadcasting's Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Jiangsu Broadcasting Cable are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Jiangsu Broadcasting's Capital Expenditures and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Jiangsu Broadcasting to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jiangsu Broadcasting operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Account Receivables
Most indicators from Jiangsu Broadcasting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Broadcasting 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 Jiangsu Broadcasting Cable. 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 1, 2024,
Selling General Administrative is expected to decline to about 869.1
M. The current year's
Tax Provision is expected to grow to about (5.2
M)
Jiangsu Broadcasting fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Broadcasting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Broadcasting fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Broadcasting at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Broadcasting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Broadcasting 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.