601998 Stock | | | 6.60 0.12 1.79% |
China Citic financial indicator trend analysis is way more than just evaluating China Citic Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Citic Bank is a good investment. Please check the relationship between China Citic Other Stockholder Equity and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Citic Bank. 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.
Other Stockholder Equity vs Total Liab
Other Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Citic Bank Other Stockholder Equity account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Citic's Other Stockholder Equity and Total Liab is 0.62. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of China Citic Bank, assuming nothing else is changed. The correlation between historical values of China Citic's Other Stockholder Equity and Total 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 China Citic Bank are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., China Citic's Other Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from China Citic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Citic Bank 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 Citic Bank. 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 35.8
B. The current year's
Tax Provision is expected to grow to about 7.3
BChina Citic fundamental ratios Correlations
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China Citic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Citic 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 Citic Bank at a specified time, usually calculated after every quarter, six months, or one year. China Citic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Citic 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.