| 601816 Stock | | | 5.73 0.08 1.42% |
Beijing Shanghai financial indicator trend analysis is way more than just evaluating Beijing Shanghai High prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shanghai High is a good investment. Please check the relationship between Beijing Shanghai Other Non Cash Items and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shanghai High Speed. 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.
Other Non Cash Items vs Free Cash Flow
Other Non Cash Items vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Shanghai High Other Non Cash Items account and
Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Beijing Shanghai's Other Non Cash Items and Free Cash Flow is -0.58. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Beijing Shanghai High Speed, assuming nothing else is changed. The correlation between historical values of Beijing Shanghai's Other Non Cash Items and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Beijing Shanghai High Speed are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Beijing Shanghai's Other Non Cash Items and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Non Cash Items
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Beijing Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shanghai High 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 Beijing Shanghai High Speed. 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
Selling General Administrative is expected to grow to about 28.2
M, whereas
Tax Provision is forecasted to decline to about 2.1
B.
Beijing Shanghai fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Shanghai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Shanghai fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Shanghai High at a specified time, usually calculated after every quarter, six months, or one year. Beijing Shanghai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Shanghai 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.