600959 Stock | | | 3.56 0.01 0.28% |
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 Depreciation and its Change To Operating Activities 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.
Depreciation vs Change To Operating Activities
Depreciation vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Broadcasting Depreciation account and
Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiangsu Broadcasting's Depreciation and Change To Operating Activities is -0.34. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities 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 Depreciation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Jiangsu Broadcasting Cable are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., Jiangsu Broadcasting's Depreciation and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Jiangsu Broadcasting value has been used up. For tax purposes Jiangsu Broadcasting can deduct the cost of the tangible assets it purchases as business expenses. However, Jiangsu Broadcasting Cable must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change To Operating Activities
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 November 29, 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.