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 Total Assets and its Long Term Investments 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.
Total Assets vs Long Term Investments
Total Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Newland Computer Total Assets account and
Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fujian Newland's Total Assets and Long Term Investments is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Investments 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 Total Assets and Long Term Investments 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 Assets of Fujian Newland Computer are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Assets i.e., Fujian Newland's Total Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Fujian Newland assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fujian Newland Computer books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
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.