000612 Stock | | | 7.15 0.01 0.14% |
Jiaozuo Wanfang financial indicator trend analysis is infinitely more than just investigating Jiaozuo Wanfang Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiaozuo Wanfang Aluminum is a good investment. Please check the relationship between Jiaozuo Wanfang Cash and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiaozuo Wanfang Aluminum. 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.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiaozuo Wanfang Aluminum Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiaozuo Wanfang's Cash and Property Plant And Equipment Net is -0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Jiaozuo Wanfang Aluminum, assuming nothing else is changed. The correlation between historical values of Jiaozuo Wanfang's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jiaozuo Wanfang Aluminum are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Jiaozuo Wanfang's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Jiaozuo Wanfang Aluminum, which is listed under current asset account on Jiaozuo Wanfang Aluminum balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiaozuo Wanfang customers. The amounts must be unrestricted with restricted cash listed in a different Jiaozuo Wanfang account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Jiaozuo Wanfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiaozuo Wanfang Aluminum 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 Jiaozuo Wanfang Aluminum. 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 112.2
M, whereas
Selling General Administrative is forecasted to decline to about 18.9
M.
Jiaozuo Wanfang fundamental ratios Correlations
Click cells to compare fundamentals
Jiaozuo Wanfang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiaozuo Wanfang fundamental ratios Accounts
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Other Information on Investing in Jiaozuo Stock
Balance Sheet is a snapshot of the
financial position of Jiaozuo Wanfang Aluminum at a specified time, usually calculated after every quarter, six months, or one year. Jiaozuo Wanfang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiaozuo Wanfang 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 Jiaozuo currently owns. An asset can also be divided into two categories, current and non-current.