601618 Stock | | | 3.43 0.03 0.88% |
Metallurgical financial indicator trend analysis is infinitely more than just investigating Metallurgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metallurgical is a good investment. Please check the relationship between Metallurgical Deferred Long Term Liab and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Metallurgical of. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metallurgical Deferred Long Term Liab account and
Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Metallurgical's Deferred Long Term Liab and Net Receivables is 0.06. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Metallurgical of, assuming nothing else is changed. The correlation between historical values of Metallurgical's Deferred Long Term Liab and Net Receivables 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 Metallurgical of are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Deferred Long Term Liab i.e., Metallurgical's Deferred Long Term Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Metallurgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metallurgical 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 Metallurgical of. 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.
At present, Metallurgical's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 2.5
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 5.1
B.
Balance Sheet is a snapshot of the
financial position of Metallurgical at a specified time, usually calculated after every quarter, six months, or one year. Metallurgical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metallurgical 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 Metallurgical currently owns. An asset can also be divided into two categories, current and non-current.