601198 Stock | | | 11.24 0.21 1.90% |
Dongxing Sec financial indicator trend analysis is much more than just examining Dongxing Sec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongxing Sec is a good investment. Please check the relationship between Dongxing Sec Total Current Assets and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongxing Sec Co. 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.
Total Current Assets vs Good Will
Total Current Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dongxing Sec Total Current Assets account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dongxing Sec's Total Current Assets and Good Will is -0.43. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Dongxing Sec Co, assuming nothing else is changed. The correlation between historical values of Dongxing Sec's Total Current Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Dongxing Sec Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Dongxing Sec's Total Current Assets and Good Will go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Good Will
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.
Most indicators from Dongxing Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongxing Sec 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 Dongxing Sec Co. 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 28, 2024,
Selling General Administrative is expected to decline to about 2.1
B. In addition to that,
Tax Provision is expected to decline to about 17.1
MDongxing Sec fundamental ratios Correlations
Click cells to compare fundamentals
Dongxing Sec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dongxing Sec fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Dongxing Stock
Balance Sheet is a snapshot of the
financial position of Dongxing Sec at a specified time, usually calculated after every quarter, six months, or one year. Dongxing Sec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dongxing Sec 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 Dongxing currently owns. An asset can also be divided into two categories, current and non-current.