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 Property Plant Equipment 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.
Property Plant Equipment vs Cash And Short Term Investments
Property Plant Equipment 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 Property Plant Equipment account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Austchina Holdings' Property Plant Equipment and Cash And Short Term Investments is -0.19. Overlapping area represents the amount of variation of Property Plant Equipment 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' Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment i.e., Austchina Holdings' Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Property Plant Equipment
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
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