Zhuhai Capital Lease Obligations vs Total Stockholder Equity Analysis
688175 Stock | 19.44 0.51 2.69% |
Zhuhai Comleader financial indicator trend analysis is more than just analyzing Zhuhai Comleader Inf current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Comleader Inf is a good investment. Please check the relationship between Zhuhai Comleader Capital Lease Obligations and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Comleader Information. 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.
Capital Lease Obligations vs Total Stockholder Equity
Capital Lease Obligations vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Comleader Inf Capital Lease Obligations account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zhuhai Comleader's Capital Lease Obligations and Total Stockholder Equity is -0.68. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Zhuhai Comleader Information, assuming nothing else is changed. The correlation between historical values of Zhuhai Comleader's Capital Lease Obligations and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Zhuhai Comleader Information are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Lease Obligations i.e., Zhuhai Comleader's Capital Lease Obligations and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Lease Obligations
Zhuhai Comleader Inf capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Zhuhai Comleader asset purchases. For example, Zhuhai Comleader can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Zhuhai Comleader control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Zhuhai Comleader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Comleader Inf 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 Zhuhai Comleader Information. 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 Tax Provision is expected to grow to about (283.5 K). In addition to that, Selling General Administrative is expected to decline to about 63.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 347.3K | 212.2K | 127.7K | 121.3K | Interest Income | 3.8M | 4.4M | 5.2M | 4.0M |
Zhuhai Comleader fundamental ratios Correlations
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Zhuhai Comleader Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Zhuhai Stock
Balance Sheet is a snapshot of the financial position of Zhuhai Comleader Inf at a specified time, usually calculated after every quarter, six months, or one year. Zhuhai Comleader Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhuhai Comleader 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 Zhuhai currently owns. An asset can also be divided into two categories, current and non-current.