000415 Stock | | | 3.94 0.01 0.25% |
Bohai Leasing financial indicator trend analysis is way more than just evaluating Bohai Leasing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bohai Leasing is a good investment. Please check the relationship between Bohai Leasing Inventory and its Current Deferred Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bohai Leasing Co. 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.
Inventory vs Current Deferred Revenue
Inventory vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bohai Leasing Inventory account and
Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bohai Leasing's Inventory and Current Deferred Revenue is -0.17. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Bohai Leasing Co, assuming nothing else is changed. The correlation between historical values of Bohai Leasing's Inventory and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Bohai Leasing Co are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Inventory i.e., Bohai Leasing's Inventory and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Bohai Leasing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bohai Leasing 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 Bohai Leasing Co. 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.
The current year's
Tax Provision is expected to grow to about 944.9
M, whereas
Selling General Administrative is forecasted to decline to about 437.5
M.
Bohai Leasing fundamental ratios Correlations
Click cells to compare fundamentals
Bohai Leasing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bohai Leasing fundamental ratios Accounts
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Other Information on Investing in Bohai Stock
Balance Sheet is a snapshot of the
financial position of Bohai Leasing at a specified time, usually calculated after every quarter, six months, or one year. Bohai Leasing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bohai Leasing 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 Bohai currently owns. An asset can also be divided into two categories, current and non-current.