Changchun Cash vs Non Current Assets Total Analysis

688276 Stock   25.74  0.16  0.62%   
Changchun BCHT financial indicator trend analysis is way more than just evaluating Changchun BCHT Biote prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun BCHT Biote is a good investment. Please check the relationship between Changchun BCHT Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun BCHT Biotechnology. 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.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun BCHT Biote Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Changchun BCHT's Cash and Non Current Assets Total is 0.71. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Changchun BCHT Biotechnology, assuming nothing else is changed. The correlation between historical values of Changchun BCHT's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Changchun BCHT Biotechnology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Changchun BCHT's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Changchun BCHT Biote, which is listed under current asset account on Changchun BCHT Biotechnology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Changchun BCHT customers. The amounts must be unrestricted with restricted cash listed in a different Changchun BCHT 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Changchun BCHT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun BCHT Biote 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 Changchun BCHT Biotechnology. 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 27, 2024, Tax Provision is expected to decline to about 33.3 M. In addition to that, Selling General Administrative is expected to decline to about 599.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B934.2M1.6B1.3B
Total Revenue1.2B1.1B1.8B1.4B

Changchun BCHT fundamental ratios Correlations

0.930.941.00.960.520.780.990.790.950.960.030.960.430.931.0-0.920.990.960.980.90.970.97-0.38
0.930.830.940.890.360.70.930.780.90.92-0.170.860.350.820.93-0.90.920.920.910.890.90.9-0.16
0.940.830.920.980.350.540.960.680.980.910.320.850.421.00.92-0.850.90.910.850.80.940.94-0.65
1.00.940.920.950.540.80.990.80.940.96-0.010.960.420.921.0-0.921.00.960.980.90.970.96-0.34
0.960.890.980.950.30.590.980.640.990.90.260.850.30.980.95-0.840.920.90.880.790.980.98-0.55
0.520.360.350.540.30.820.430.780.320.6-0.440.740.750.350.53-0.630.610.60.660.670.340.330.07
0.780.70.540.80.590.820.710.780.550.74-0.380.890.430.540.8-0.750.840.740.890.790.680.670.06
0.990.930.960.990.980.430.710.730.970.940.110.920.360.950.99-0.890.970.940.950.860.990.98-0.43
0.790.780.680.80.640.780.780.730.70.91-0.410.90.830.670.78-0.950.840.910.860.970.640.63-0.1
0.950.90.980.940.990.320.550.970.70.930.20.840.410.980.94-0.880.910.930.870.830.950.95-0.53
0.960.920.910.960.90.60.740.940.910.93-0.110.960.640.90.95-0.990.971.00.950.970.880.88-0.33
0.03-0.170.32-0.010.26-0.44-0.380.11-0.410.2-0.11-0.14-0.350.320.020.2-0.05-0.11-0.15-0.290.210.22-0.84
0.960.860.850.960.850.740.890.920.90.840.96-0.140.60.840.95-0.950.980.960.990.950.870.87-0.28
0.430.350.420.420.30.750.430.360.830.410.64-0.350.60.420.4-0.710.490.640.490.710.230.22-0.15
0.930.821.00.920.980.350.540.950.670.980.90.320.840.420.92-0.850.90.90.850.80.940.94-0.66
1.00.930.921.00.950.530.80.990.780.940.950.020.950.40.92-0.910.990.950.980.890.970.97-0.35
-0.92-0.9-0.85-0.92-0.84-0.63-0.75-0.89-0.95-0.88-0.990.2-0.95-0.71-0.85-0.91-0.94-0.99-0.93-0.99-0.82-0.820.29
0.990.920.91.00.920.610.840.970.840.910.97-0.050.980.490.90.99-0.940.970.990.930.940.94-0.32
0.960.920.910.960.90.60.740.940.910.931.0-0.110.960.640.90.95-0.990.970.950.970.880.88-0.33
0.980.910.850.980.880.660.890.950.860.870.95-0.150.990.490.850.98-0.930.990.950.930.910.91-0.22
0.90.890.80.90.790.670.790.860.970.830.97-0.290.950.710.80.89-0.990.930.970.930.790.79-0.2
0.970.90.940.970.980.340.680.990.640.950.880.210.870.230.940.97-0.820.940.880.910.791.0-0.48
0.970.90.940.960.980.330.670.980.630.950.880.220.870.220.940.97-0.820.940.880.910.791.0-0.48
-0.38-0.16-0.65-0.34-0.550.070.06-0.43-0.1-0.53-0.33-0.84-0.28-0.15-0.66-0.350.29-0.32-0.33-0.22-0.2-0.48-0.48
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Changchun BCHT Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Changchun Stock

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