603696 Stock | | | 8.07 0.37 4.81% |
Anji Foodstuff financial indicator trend analysis is way more than just evaluating Anji Foodstuff prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anji Foodstuff is a good investment. Please check the relationship between Anji Foodstuff Retained Earnings and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anji Foodstuff Co. 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.
Retained Earnings vs Short Term Investments
Retained Earnings vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anji Foodstuff Retained Earnings account and
Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Anji Foodstuff's Retained Earnings and Short Term Investments is 0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Anji Foodstuff Co, assuming nothing else is changed. The correlation between historical values of Anji Foodstuff's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Anji Foodstuff Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Anji Foodstuff's Retained Earnings and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Short Term Investments
Short Term Investments is an item under the current assets section of Anji Foodstuff balance sheet. It contains any investments Anji Foodstuff Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Anji Foodstuff can easily liquidate in the marketplace.
Most indicators from Anji Foodstuff's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anji Foodstuff 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 Anji Foodstuff Co. 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 26, 2024,
Selling General Administrative is expected to decline to about 31.1
M. In addition to that,
Tax Provision is expected to decline to about 5.5
MAnji Foodstuff fundamental ratios Correlations
Click cells to compare fundamentals
Anji Foodstuff Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anji Foodstuff fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Anji Stock
Balance Sheet is a snapshot of the
financial position of Anji Foodstuff at a specified time, usually calculated after every quarter, six months, or one year. Anji Foodstuff Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anji Foodstuff 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 Anji currently owns. An asset can also be divided into two categories, current and non-current.