000997 Stock | | | 20.03 0.29 1.43% |
Fujian Newland financial indicator trend analysis is much more than just examining Fujian Newland Computer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Newland Computer is a good investment. Please check the relationship between Fujian Newland Long Term Investments and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Newland Computer. 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.
Long Term Investments vs Non Current Assets Total
Long Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Newland Computer Long Term Investments account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fujian Newland's Long Term Investments and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Fujian Newland Computer, assuming nothing else is changed. The correlation between historical values of Fujian Newland's Long Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Fujian Newland Computer are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Investments i.e., Fujian Newland's Long Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Fujian Newland balance sheet that represents investments Fujian Newland Computer intends to hold for over a year. Fujian Newland Computer long term investments may include different instruments such as stocks, bonds, real estate and cash.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Fujian Newland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Newland Computer 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 Fujian Newland Computer. 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.
As of December 29, 2024,
Selling General Administrative is expected to decline to about 282.7
M. In addition to that,
Discontinued Operations is expected to decline to about (3.9
M)
Fujian Newland fundamental ratios Correlations
Click cells to compare fundamentals
Fujian Newland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Newland fundamental ratios Accounts
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Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Newland Computer at a specified time, usually calculated after every quarter, six months, or one year. Fujian Newland Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Newland 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.