Air China financial indicator trend analysis is way more than just evaluating Air China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air China is a good investment. Please check the relationship between Air China Good Will and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air China Ltd. 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.
Good Will vs Retained Earnings
Good Will vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air China Good Will account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Air China's Good Will and Retained Earnings is -0.84. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Air China Ltd, assuming nothing else is changed. The correlation between historical values of Air China's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Air China Ltd are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Air China's Good Will and Retained Earnings go up and down completely randomly.
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Air China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air China 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 Air China Ltd. 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.
Balance Sheet is a snapshot of the financial position of Air China at a specified time, usually calculated after every quarter, six months, or one year. Air China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Air China 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 Air currently owns. An asset can also be divided into two categories, current and non-current.