603357 Stock | | | 9.52 0.08 0.83% |
Anhui Transport financial indicator trend analysis is way more than just evaluating Anhui Transport Cons prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Transport Cons is a good investment. Please check the relationship between Anhui Transport Short Term Investments and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Transport Consulting. 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 Term Investments vs Total Assets
Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Transport Cons Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anhui Transport's Short Term Investments and Total Assets is -0.26. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Anhui Transport Consulting, assuming nothing else is changed. The correlation between historical values of Anhui Transport's Short Term Investments and Total 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 Short Term Investments of Anhui Transport Consulting are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., Anhui Transport's Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Anhui Transport balance sheet. It contains any investments Anhui Transport Consulting undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Anhui Transport Cons can easily liquidate in the marketplace.
Total Assets
Total assets refers to the total amount of Anhui Transport 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 Anhui Transport Cons 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.
Most indicators from Anhui Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Transport Cons 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 Anhui Transport Consulting. 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
Tax Provision is expected to grow to about 66.1
M, whereas
Selling General Administrative is forecasted to decline to about 157.8
M.
Anhui Transport fundamental ratios Correlations
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Anhui Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Transport fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Transport Cons at a specified time, usually calculated after every quarter, six months, or one year. Anhui Transport Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Transport 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.