Changchun Total Assets vs Capital Stock Analysis
| 688276 Stock | 25.76 1.48 5.43% |
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 Total Assets and its Capital Stock 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.
Total Assets vs Capital Stock
Total Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun BCHT Biote Total Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Changchun BCHT's Total Assets and Capital Stock is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock 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 Total Assets and Capital Stock 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 Assets of Changchun BCHT Biotechnology are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., Changchun BCHT's Total Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Changchun BCHT assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Changchun BCHT Biote books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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 23, 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 Profit | 1.1B | 934.2M | 1.6B | 1.3B | Total Revenue | 1.2B | 1.1B | 1.8B | 1.4B |
Changchun BCHT fundamental ratios Correlations
Click cells to compare fundamentals
Changchun BCHT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.