900902 Stock | | | 0.18 0.00 0.00% |
Shanghai Shibei financial indicator trend analysis is much more than just breaking down Shanghai Shibei Hi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Shibei Hi is a good investment. Please check the relationship between Shanghai Shibei Deferred Long Term Liab and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Shibei Hi Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Deferred Long Term Liab vs Total Stockholder Equity
Deferred Long Term Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Shibei Hi Deferred Long Term Liab account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Shanghai Shibei's Deferred Long Term Liab and Total Stockholder Equity is 0.14. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Shanghai Shibei Hi Tech, assuming nothing else is changed. The correlation between historical values of Shanghai Shibei's Deferred Long Term Liab 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 Deferred Long Term Liab of Shanghai Shibei Hi Tech 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 Deferred Long Term Liab i.e., Shanghai Shibei's Deferred Long Term Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Shanghai Shibei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Shibei Hi 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 Shanghai Shibei Hi Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 22.4
M. The current year's
Tax Provision is expected to grow to about 66.6
MShanghai Shibei fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Shibei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Shibei fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Shibei Hi at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Shibei Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Shibei 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.