603069 Stock | | | 19.16 0.24 1.24% |
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 Short Long Term Debt and its Deferred Long Term Liab 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.
Short Long Term Debt vs Deferred Long Term Liab
Short Long Term Debt vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hainan Haiqi Transpo Short Long Term Debt account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hainan Haiqi's Short Long Term Debt and Deferred Long Term Liab is -0.45. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Deferred Long Term Liab 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 Short Long Term Debt and Deferred Long Term 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 Short Long Term Debt of Hainan Haiqi Transportation are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Long Term Debt i.e., Hainan Haiqi's Short Long Term Debt and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 27, 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.