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 Total Assets and its Total Current Assets 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.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China International Total Assets account and
Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between China International's Total Assets and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of China International Capital are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., China International's Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of China International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.