603559 Stock | | | 11.21 0.05 0.45% |
Zhongtong Guomai financial indicator trend analysis is more than just analyzing Zhongtong Guomai Com current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongtong Guomai Com is a good investment. Please check the relationship between Zhongtong Guomai Intangible Assets and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongtong Guomai Communication. 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.
Intangible Assets vs Deferred Long Term Liab
Intangible Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhongtong Guomai Com Intangible Assets account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zhongtong Guomai's Intangible Assets and Deferred Long Term Liab is -0.02. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Zhongtong Guomai Communication, assuming nothing else is changed. The correlation between historical values of Zhongtong Guomai's Intangible Assets 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 Intangible Assets of Zhongtong Guomai Communication 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 Intangible Assets i.e., Zhongtong Guomai's Intangible Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Zhongtong Guomai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongtong Guomai Com 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 Zhongtong Guomai Communication. 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 17.3
M, whereas
Tax Provision is projected to grow to (1.7
M).
Zhongtong Guomai fundamental ratios Correlations
Click cells to compare fundamentals
Zhongtong Guomai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhongtong Guomai fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Zhongtong Stock
Balance Sheet is a snapshot of the
financial position of Zhongtong Guomai Com at a specified time, usually calculated after every quarter, six months, or one year. Zhongtong Guomai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhongtong Guomai 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 Zhongtong currently owns. An asset can also be divided into two categories, current and non-current.