601921 Stock | | | 7.95 0.15 1.92% |
Zhejiang Publishing financial indicator trend analysis is more than just analyzing Zhejiang Publishing Media current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Publishing Media is a good investment. Please check the relationship between Zhejiang Publishing Other Stockholder Equity and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Publishing Media. 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
Zhejiang Publishing Media Other Stockholder Equity account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zhejiang Publishing's Other Stockholder Equity and Other Current Liab is -0.21. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Zhejiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Zhejiang Publishing's Other Stockholder Equity and Other Current Liab 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 Stockholder Equity of Zhejiang Publishing Media are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Zhejiang Publishing's Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Zhejiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Publishing Media 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 Zhejiang Publishing Media. 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 1.6
B, whereas
Tax Provision is projected to grow to (232.4
M).
Balance Sheet is a snapshot of the
financial position of Zhejiang Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Publishing 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.