Austchina Holdings financial indicator trend analysis is way more than just evaluating Austchina Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austchina Holdings is a good investment. Please check the relationship between Austchina Holdings Cash and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Austchina Holdings. 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.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Austchina Holdings Cash account and
Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Austchina Holdings' Cash and Retained Earnings is -0.2. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Austchina Holdings, assuming nothing else is changed. The correlation between historical values of Austchina Holdings' Cash 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 Cash of Austchina Holdings 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 Cash i.e., Austchina Holdings' Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Austchina Holdings, which is listed under current asset account on Austchina Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Austchina Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Austchina Holdings 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.
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 Austchina Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austchina Holdings 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 Austchina Holdings. 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.
Selling General Administrative is likely to gain to about 8.5
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 3.7
M in 2024.
Austchina Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Austchina Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Austchina Holdings fundamental ratios Accounts
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Additional Tools for Austchina Stock Analysis
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