| 688103 Stock | | | 41.20 0.67 1.60% |
Kunshan Guoli financial indicator trend analysis is infinitely more than just investigating Kunshan Guoli Electronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunshan Guoli Electronic is a good investment. Please check the relationship between Kunshan Guoli Total Current Liabilities and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunshan Guoli Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Liabilities vs Depreciation And Amortization
Total Current Liabilities vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kunshan Guoli Electronic Total Current Liabilities account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kunshan Guoli's Total Current Liabilities and Depreciation And Amortization is 0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Kunshan Guoli Electronic, assuming nothing else is changed. The correlation between historical values of Kunshan Guoli's Total Current Liabilities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Kunshan Guoli Electronic are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., Kunshan Guoli's Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Kunshan Guoli balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kunshan Guoli Electronic are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Kunshan Guoli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunshan Guoli Electronic 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 Kunshan Guoli Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Tax Provision is expected to grow to about 7.3
M, whereas
Selling General Administrative is forecasted to decline to about 22.9
M.
| 2022 | 2024 | 2025 (projected) |
Interest Expense | 1.3M | 13.2M | 13.8M | Depreciation And Amortization | 39.8M | 45.7M | 25.2M |
Kunshan Guoli fundamental ratios Correlations
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Kunshan Guoli Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kunshan Guoli fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Kunshan Stock
Balance Sheet is a snapshot of the
financial position of Kunshan Guoli Electronic at a specified time, usually calculated after every quarter, six months, or one year. Kunshan Guoli Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kunshan Guoli 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 Kunshan currently owns. An asset can also be divided into two categories, current and non-current.