| 601995 Stock | | | 35.56 0.61 1.75% |
China International financial indicator trend analysis is way more than just evaluating China International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China International is a good investment. Please check the relationship between China International Capital Lease Obligations and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Capital. 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.
Capital Lease Obligations vs Retained Earnings
Capital Lease Obligations vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China International Capital Lease Obligations account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China International's Capital Lease Obligations and Retained Earnings is 0.85. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of China International Capital, assuming nothing else is changed. The correlation between historical values of China International's Capital Lease Obligations and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of China International Capital are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Lease Obligations i.e., China International's Capital Lease Obligations and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Capital Lease Obligations
China International capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to China International asset purchases. For example, China International can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as China International control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from China International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China International 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 China International Capital. 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.
As of November 30, 2024,
Tax Provision is expected to decline to about 626.4
M. In addition to that,
Selling General Administrative is expected to decline to about 227.1
MChina International fundamental ratios Correlations
Click cells to compare fundamentals
China International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China International fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China International at a specified time, usually calculated after every quarter, six months, or one year. China International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China International 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 China currently owns. An asset can also be divided into two categories, current and non-current.