601279 Stock | | | 4.05 0.05 1.25% |
Changchun Engley financial indicator trend analysis is way more than just evaluating Changchun Engley Aut prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun Engley Aut is a good investment. Please check the relationship between Changchun Engley Non Current Liabilities Total and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun Engley Automobile. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changchun Engley Aut Non Current Liabilities Total account and
Short Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Changchun Engley's Non Current Liabilities Total and Short Term Debt is 0.07. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Changchun Engley Automobile, assuming nothing else is changed. The correlation between historical values of Changchun Engley's Non Current Liabilities Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Changchun Engley Automobile are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Changchun Engley's Non Current Liabilities Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Changchun Engley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun Engley Aut 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 Changchun Engley Automobile. 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 91.6
M. In addition to that,
Tax Provision is expected to decline to about 25.5
MBalance Sheet is a snapshot of the
financial position of Changchun Engley Aut at a specified time, usually calculated after every quarter, six months, or one year. Changchun Engley Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changchun Engley 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 Changchun currently owns. An asset can also be divided into two categories, current and non-current.