601000 Stock | | | 4.53 0.02 0.44% |
Tangshan Port financial indicator trend analysis is much more than just breaking down Tangshan Port Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangshan Port Group is a good investment. Please check the relationship between Tangshan Port Long Term Investments and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangshan Port Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Long Term Investments vs Non Current Liabilities Total
Long Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tangshan Port Group Long Term Investments account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tangshan Port's Long Term Investments and Non Current Liabilities Total is -0.29. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Tangshan Port Group, assuming nothing else is changed. The correlation between historical values of Tangshan Port's Long Term Investments and Non Current Liabilities Total 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 Tangshan Port Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Investments i.e., Tangshan Port's Long Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Tangshan Port balance sheet that represents investments Tangshan Port Group intends to hold for over a year. Tangshan Port Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
Non Current Liabilities Total
Most indicators from Tangshan Port's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangshan Port Group 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 Tangshan Port Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 140.8
M, whereas
Tax Provision is forecasted to decline to about 433.7
M.
Tangshan Port fundamental ratios Correlations
Click cells to compare fundamentals
Tangshan Port Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tangshan Port fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tangshan Stock
Balance Sheet is a snapshot of the
financial position of Tangshan Port Group at a specified time, usually calculated after every quarter, six months, or one year. Tangshan Port Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tangshan Port 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 Tangshan currently owns. An asset can also be divided into two categories, current and non-current.