| 900957 Stock | | | 0.37 0.01 2.63% |
Shanghai Lingyun financial indicator trend analysis is much more than just breaking down Shanghai Lingyun Ind prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Lingyun Ind is a good investment. Please check the relationship between Shanghai Lingyun Long Term Debt and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Lingyun Industries. 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.
Long Term Debt vs Retained Earnings
Long Term Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Lingyun Ind Long Term Debt account and
Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Lingyun's Long Term Debt and Retained Earnings is -0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shanghai Lingyun Industries, assuming nothing else is changed. The correlation between historical values of Shanghai Lingyun's Long Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Shanghai Lingyun Industries are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt i.e., Shanghai Lingyun's Long Term Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Shanghai Lingyun Ind has held for over one year. Long-term debt appears on Shanghai Lingyun Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shanghai Lingyun Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Shanghai Lingyun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Lingyun Ind 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 Lingyun Industries. 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 28, 2024,
Selling General Administrative is expected to decline to about 3.5
M. In addition to that,
Tax Provision is expected to decline to about 3.3
MShanghai Lingyun fundamental ratios Correlations
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Shanghai Lingyun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Lingyun fundamental ratios Accounts
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Lingyun Ind at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Lingyun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Lingyun 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.