601388 Stock | | | 2.65 0.02 0.76% |
Ye Chiu financial indicator trend analysis is more than just analyzing Ye Chiu Metal current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ye Chiu Metal is a good investment. Please check the relationship between Ye Chiu Total Current Assets and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ye Chiu Metal. 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 Other Assets
Total Current Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ye Chiu Metal Total Current Assets account and
Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Ye Chiu's Total Current Assets and Other Assets is 0.04. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Ye Chiu Metal, assuming nothing else is changed. The correlation between historical values of Ye Chiu's Total Current Assets and Other Assets 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 Ye Chiu Metal are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Ye Chiu's Total Current Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Other Assets
Most indicators from Ye Chiu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ye Chiu Metal 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 Ye Chiu Metal. 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 current year's
Selling General Administrative is expected to grow to about 96
M. The current year's
Tax Provision is expected to grow to about 89.2
MYe Chiu fundamental ratios Correlations
Click cells to compare fundamentals
Ye Chiu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ye Chiu fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in 601388 Stock
Balance Sheet is a snapshot of the
financial position of Ye Chiu Metal at a specified time, usually calculated after every quarter, six months, or one year. Ye Chiu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ye Chiu 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 601388 currently owns. An asset can also be divided into two categories, current and non-current.