603069 Stock | | | 20.16 0.06 0.30% |
Hainan Haiqi financial indicator trend analysis is much more than just examining Hainan Haiqi Transpo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Haiqi Transpo is a good investment. Please check the relationship between Hainan Haiqi Other Current Liab and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Haiqi Transportation. 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 Current Liab vs Intangible Assets
Other Current Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hainan Haiqi Transpo Other Current Liab account and
Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Hainan Haiqi's Other Current Liab and Intangible Assets is -0.79. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Hainan Haiqi Transportation, assuming nothing else is changed. The correlation between historical values of Hainan Haiqi's Other Current Liab and Intangible 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 Other Current Liab of Hainan Haiqi Transportation are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Current Liab i.e., Hainan Haiqi's Other Current Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Liab
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Hainan Haiqi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Haiqi Transpo 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 Hainan Haiqi Transportation. 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,
Selling General Administrative is expected to decline to about 29.1
M. In addition to that,
Tax Provision is expected to decline to about 4.8
MHainan Haiqi fundamental ratios Correlations
Click cells to compare fundamentals
Hainan Haiqi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hainan Haiqi fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hainan Stock
Balance Sheet is a snapshot of the
financial position of Hainan Haiqi Transpo at a specified time, usually calculated after every quarter, six months, or one year. Hainan Haiqi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan Haiqi 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 Hainan currently owns. An asset can also be divided into two categories, current and non-current.