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 Non Current Liabilities Total and its Cash And Short Term Investments 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.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Austchina Holdings Non Current Liabilities Total account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Austchina Holdings' Non Current Liabilities Total and Cash And Short Term Investments is 0.11. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments 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' Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Austchina Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Austchina Holdings' Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Austchina Holdings balance sheet. This account contains Austchina Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Austchina Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Austchina Stock Analysis
When running Austchina Holdings' price analysis, check to
measure Austchina Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Austchina Holdings is operating at the current time. Most of Austchina Holdings' value examination focuses on studying past and present price action to
predict the probability of Austchina Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austchina Holdings' price. Additionally, you may evaluate how the addition of Austchina Holdings to your portfolios can decrease your overall portfolio volatility.