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 Other Liab and its Other Current Liab 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.
Other Liab vs Other Current Liab
Other Liab vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qinghai Salt Lake Other Liab account and
Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Qinghai Salt's Other Liab and Other Current Liab is 0.44. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab 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 Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Qinghai Salt Lake are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Qinghai Salt's Other Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Other Current Liab
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.