000525 Stock | | | 7.39 0.39 5.01% |
Nanjing Red financial indicator trend analysis is infinitely more than just investigating Nanjing Red Sun recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Red Sun is a good investment. Please check the relationship between Nanjing Red Deferred Long Term Liab and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Red Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Deferred Long Term Liab vs Non Current Assets Total
Deferred Long Term Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nanjing Red Sun Deferred Long Term Liab account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nanjing Red's Deferred Long Term Liab and Non Current Assets Total is 0.19. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Nanjing Red Sun, assuming nothing else is changed. The correlation between historical values of Nanjing Red's Deferred Long Term Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Nanjing Red Sun are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Deferred Long Term Liab i.e., Nanjing Red's Deferred Long Term Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Nanjing Red's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Red Sun 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 Nanjing Red Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of December 20, 2024,
Selling General Administrative is expected to decline to about 238.2
M. The current year's
Tax Provision is expected to grow to about (142.3
M)
Nanjing Red fundamental ratios Correlations
Click cells to compare fundamentals
Nanjing Red Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nanjing Red fundamental ratios Accounts
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Other Information on Investing in Nanjing Stock
Balance Sheet is a snapshot of the
financial position of Nanjing Red Sun at a specified time, usually calculated after every quarter, six months, or one year. Nanjing Red Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanjing Red 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 Nanjing currently owns. An asset can also be divided into two categories, current and non-current.