000930 Stock | | | 5.78 0.04 0.69% |
Cofco Biochemical financial indicator trend analysis is way more than just evaluating Cofco Biochemical Anhui prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cofco Biochemical Anhui is a good investment. Please check the relationship between Cofco Biochemical Short Long Term Debt and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofco Biochemical Anhui. 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.
Short Long Term Debt vs Other Stockholder Equity
Short Long Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cofco Biochemical Anhui Short Long Term Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cofco Biochemical's Short Long Term Debt and Other Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Cofco Biochemical Anhui, assuming nothing else is changed. The correlation between historical values of Cofco Biochemical's Short Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Cofco Biochemical Anhui are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., Cofco Biochemical's Short Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Other Stockholder Equity
Most indicators from Cofco Biochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cofco Biochemical Anhui 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 Cofco Biochemical Anhui. 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 139.8
M, whereas
Selling General Administrative is forecasted to decline to about 184.1
M.
Cofco Biochemical fundamental ratios Correlations
Click cells to compare fundamentals
Cofco Biochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cofco Biochemical fundamental ratios Accounts
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Other Information on Investing in Cofco Stock
Balance Sheet is a snapshot of the
financial position of Cofco Biochemical Anhui at a specified time, usually calculated after every quarter, six months, or one year. Cofco Biochemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cofco Biochemical 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 Cofco currently owns. An asset can also be divided into two categories, current and non-current.