601609 Stock | | | 5.98 0.09 1.53% |
Ningbo Jintian financial indicator trend analysis is infinitely more than just investigating Ningbo Jintian Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Jintian Copper is a good investment. Please check the relationship between Ningbo Jintian Deferred Long Term Liab and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Jintian Copper. 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.
Deferred Long Term Liab vs Non Current Liabilities Total
Deferred Long Term Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Jintian Copper Deferred Long Term Liab account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ningbo Jintian's Deferred Long Term Liab and Non Current Liabilities Total is 0.79. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Ningbo Jintian Copper, assuming nothing else is changed. The correlation between historical values of Ningbo Jintian's Deferred Long Term Liab 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 Deferred Long Term Liab of Ningbo Jintian Copper 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 Deferred Long Term Liab i.e., Ningbo Jintian's Deferred Long Term Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Non Current Liabilities Total
Most indicators from Ningbo Jintian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Jintian Copper 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 Ningbo Jintian Copper. 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
Tax Provision is expected to grow to about 128.1
M, whereas
Discontinued Operations is forecasted to decline to about 9.1
M.
Ningbo Jintian fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo Jintian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo Jintian fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo Jintian Copper at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Jintian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Jintian 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.