000792 Stock | | | 16.68 0.21 1.24% |
Qinghai Salt financial indicator trend analysis is much more than just breaking down Qinghai Salt Lake prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qinghai Salt Lake is a good investment. Please check the relationship between Qinghai Salt Deferred Long Term Liab and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qinghai Salt Lake. 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 Retained Earnings
Deferred Long Term Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qinghai Salt Lake Deferred Long Term Liab account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qinghai Salt's Deferred Long Term Liab and Retained Earnings is -0.35. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Qinghai Salt Lake, assuming nothing else is changed. The correlation between historical values of Qinghai Salt's Deferred Long Term Liab and Retained Earnings 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 Qinghai Salt Lake are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Deferred Long Term Liab i.e., Qinghai Salt's Deferred Long Term Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Qinghai Salt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qinghai Salt Lake 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 Qinghai Salt Lake. 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.
The current year's
Tax Provision is expected to grow to about 1.3
B, whereas
Selling General Administrative is forecasted to decline to about 303.1
M.
Qinghai Salt fundamental ratios Correlations
Click cells to compare fundamentals
Qinghai Salt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qinghai Salt fundamental ratios Accounts
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Other Information on Investing in Qinghai Stock
Balance Sheet is a snapshot of the
financial position of Qinghai Salt Lake at a specified time, usually calculated after every quarter, six months, or one year. Qinghai Salt Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qinghai Salt 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 Qinghai currently owns. An asset can also be divided into two categories, current and non-current.