000807 Stock | | | 13.75 0.45 3.17% |
Yunnan Aluminium financial indicator trend analysis is more than just analyzing Yunnan Aluminium current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Aluminium is a good investment. Please check the relationship between Yunnan Aluminium Total Stockholder Equity and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Aluminium 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.
Total Stockholder Equity vs Inventory
Total Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Aluminium Total Stockholder Equity account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yunnan Aluminium's Total Stockholder Equity and Inventory is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of Yunnan Aluminium Co, assuming nothing else is changed. The correlation between historical values of Yunnan Aluminium's Total Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Yunnan Aluminium Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., Yunnan Aluminium's Total Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Inventory
Most indicators from Yunnan Aluminium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Aluminium 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 Yunnan Aluminium 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 866.3
M, whereas
Selling General Administrative is forecasted to decline to about 129.7
M.
Yunnan Aluminium fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Aluminium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Aluminium fundamental ratios Accounts
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Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Aluminium at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Aluminium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Aluminium 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.