900926 Stock | | | 1.62 0.04 2.41% |
Shanghai Baosight financial indicator trend analysis is much more than just breaking down Shanghai Baosight prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Baosight is a good investment. Please check the relationship between Shanghai Baosight Total Liab and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Baosight Software. 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 Liab vs Total Current Assets
Total Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Baosight Total Liab account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Baosight's Total Liab and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Shanghai Baosight Software, assuming nothing else is changed. The correlation between historical values of Shanghai Baosight's Total Liab and Total Current Assets 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 Liab of Shanghai Baosight Software are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., Shanghai Baosight's Total Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Shanghai Baosight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Baosight 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 Baosight Software. 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 25, 2024,
Selling General Administrative is expected to decline to about 123.8
M. In addition to that,
Tax Provision is expected to decline to about 110.4
MShanghai Baosight fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Baosight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Baosight 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 Baosight at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Baosight Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Baosight 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.