Ningbo Dividends Paid vs Change To Liabilities Analysis

605255 Stock   13.93  0.57  4.27%   
Ningbo Tip financial indicator trend analysis is infinitely more than just investigating Ningbo Tip Rubber recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Tip Rubber is a good investment. Please check the relationship between Ningbo Tip Dividends Paid and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Tip Rubber. 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.

Dividends Paid vs Change To Liabilities

Dividends Paid vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Tip Rubber Dividends Paid account and Change To Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Ningbo Tip's Dividends Paid and Change To Liabilities is -0.72. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Ningbo Tip Rubber, assuming nothing else is changed. The correlation between historical values of Ningbo Tip's Dividends Paid and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Ningbo Tip Rubber are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Dividends Paid i.e., Ningbo Tip's Dividends Paid and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Liabilities

Most indicators from Ningbo Tip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Tip Rubber 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 Ningbo Tip Rubber. 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 29, 2024, Tax Provision is expected to decline to about 10.4 M. In addition to that, Selling General Administrative is expected to decline to about 12.2 M
 2021 2022 2023 2024 (projected)
Gross Profit115.9M110.0M126.6M100.0M
Total Revenue306.3M329.4M348.4M359.1M

Ningbo Tip fundamental ratios Correlations

0.190.31.00.950.96-0.180.20.650.88-0.240.61-0.130.930.970.790.910.14-0.80.380.781.00.840.930.85-0.6
0.190.980.110.00.040.540.970.240.030.76-0.030.2-0.050.36-0.120.060.88-0.020.97-0.080.110.39-0.050.230.38
0.30.980.220.070.120.550.990.340.10.71-0.040.150.020.46-0.080.160.88-0.080.99-0.020.220.480.020.330.27
1.00.110.220.960.98-0.220.110.640.89-0.320.63-0.120.950.950.820.920.08-0.810.30.791.00.830.950.85-0.62
0.950.00.070.961.0-0.37-0.040.530.91-0.390.76-0.141.00.870.910.9-0.07-0.850.160.840.960.731.00.78-0.62
0.960.040.120.981.0-0.310.010.580.91-0.370.72-0.080.980.90.880.90.0-0.830.210.810.980.780.980.82-0.58
-0.180.540.55-0.22-0.37-0.310.60.54-0.590.17-0.770.67-0.440.08-0.7-0.510.850.680.48-0.73-0.220.34-0.440.260.6
0.20.970.990.11-0.040.010.60.3-0.010.73-0.150.12-0.070.38-0.190.040.880.030.97-0.110.110.4-0.070.250.28
0.650.240.340.640.530.580.540.30.23-0.42-0.120.490.470.790.130.310.55-0.070.350.050.640.930.470.94-0.1
0.880.030.10.890.910.91-0.59-0.010.23-0.140.88-0.40.930.740.960.99-0.2-0.990.20.970.890.520.930.54-0.69
-0.240.760.71-0.32-0.39-0.370.170.73-0.42-0.14-0.03-0.2-0.39-0.18-0.25-0.130.460.040.69-0.12-0.32-0.25-0.39-0.410.35
0.61-0.03-0.040.630.760.72-0.77-0.15-0.120.88-0.03-0.410.780.440.950.79-0.35-0.920.060.90.630.210.780.23-0.5
-0.130.20.15-0.12-0.14-0.080.670.120.49-0.4-0.2-0.41-0.230.03-0.38-0.390.560.50.13-0.6-0.120.36-0.230.360.76
0.93-0.050.020.951.00.98-0.44-0.070.470.93-0.390.78-0.230.840.930.91-0.14-0.870.120.880.950.681.00.73-0.69
0.970.360.460.950.870.90.080.380.790.74-0.180.440.030.840.630.790.37-0.640.530.610.950.940.840.92-0.46
0.79-0.12-0.080.820.910.88-0.7-0.190.130.96-0.250.95-0.380.930.630.91-0.35-0.960.020.960.820.410.930.46-0.66
0.910.060.160.920.90.9-0.510.040.310.99-0.130.79-0.390.910.790.91-0.14-0.960.250.940.920.570.910.59-0.71
0.140.880.880.08-0.070.00.850.880.55-0.20.46-0.350.56-0.140.37-0.35-0.140.270.85-0.370.080.55-0.140.420.54
-0.8-0.02-0.08-0.81-0.85-0.830.680.03-0.07-0.990.04-0.920.5-0.87-0.64-0.96-0.960.27-0.18-0.98-0.81-0.38-0.87-0.40.69
0.380.970.990.30.160.210.480.970.350.20.690.060.130.120.530.020.250.85-0.180.080.30.530.120.380.21
0.78-0.08-0.020.790.840.81-0.73-0.110.050.97-0.120.9-0.60.880.610.960.94-0.37-0.980.080.790.330.880.36-0.8
1.00.110.221.00.960.98-0.220.110.640.89-0.320.63-0.120.950.950.820.920.08-0.810.30.790.830.950.85-0.62
0.840.390.480.830.730.780.340.40.930.52-0.250.210.360.680.940.410.570.55-0.380.530.330.830.680.99-0.18
0.93-0.050.020.951.00.98-0.44-0.070.470.93-0.390.78-0.231.00.840.930.91-0.14-0.870.120.880.950.680.73-0.69
0.850.230.330.850.780.820.260.250.940.54-0.410.230.360.730.920.460.590.42-0.40.380.360.850.990.73-0.25
-0.60.380.27-0.62-0.62-0.580.60.28-0.1-0.690.35-0.50.76-0.69-0.46-0.66-0.710.540.690.21-0.8-0.62-0.18-0.69-0.25
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Ningbo Tip Account Relationship Matchups

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Other Information on Investing in Ningbo Stock

Balance Sheet is a snapshot of the financial position of Ningbo Tip Rubber at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Tip Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Tip 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.