688139 Stock | | | 33.28 0.36 1.09% |
Qingdao Haier financial indicator trend analysis is much more than just breaking down Qingdao Haier Biomedical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Haier Biomedical is a good investment. Please check the relationship between Qingdao Haier End Period Cash Flow and its Change To Netincome accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Haier Biomedical. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qingdao Haier Biomedical End Period Cash Flow account and
Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qingdao Haier's End Period Cash Flow and Change To Netincome is -0.49. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Qingdao Haier Biomedical, assuming nothing else is changed. The correlation between historical values of Qingdao Haier's End Period Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Qingdao Haier Biomedical are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of End Period Cash Flow i.e., Qingdao Haier's End Period Cash Flow and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Qingdao Haier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Haier Biomedical 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 Qingdao Haier Biomedical. 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 30, 2024,
Tax Provision is expected to decline to about 21.3
M. In addition to that,
Selling General Administrative is expected to decline to about 263.1
MBalance Sheet is a snapshot of the
financial position of Qingdao Haier Biomedical at a specified time, usually calculated after every quarter, six months, or one year. Qingdao Haier Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qingdao Haier 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 Qingdao currently owns. An asset can also be divided into two categories, current and non-current.