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 Short Term Debt and its Property Plant Equipment 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.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Austchina Holdings Short Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Austchina Holdings' Short Term Debt and Property Plant Equipment is 0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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' Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Austchina Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Austchina Holdings' Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Property Plant Equipment
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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