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 Property Plant Equipment and its Accounts Payable 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.
Property Plant Equipment vs Accounts Payable
Property Plant Equipment vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Newland Computer Property Plant Equipment account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fujian Newland's Property Plant Equipment and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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 Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Fujian Newland Computer are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Fujian Newland's Property Plant Equipment and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Accounts Payable
An accounting item on the balance sheet that represents Fujian Newland obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fujian Newland Computer are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.