Zhuhai Total Current Liabilities vs Cash 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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Comleader Inf Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zhuhai Comleader's Total Current Liabilities and Cash is -0.55. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash 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 Zhuhai Comleader Information are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Zhuhai Comleader's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Zhuhai Comleader balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhuhai Comleader Information 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.Cash
Cash refers to the most liquid asset of Zhuhai Comleader Inf, which is listed under current asset account on Zhuhai Comleader Information balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhuhai Comleader customers. The amounts must be unrestricted with restricted cash listed in a different Zhuhai Comleader account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Click cells to compare fundamentals
Zhuhai Comleader Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
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.