002028 Stock | | | 70.77 1.17 1.63% |
Sieyuan Electric financial indicator trend analysis is much more than just breaking down Sieyuan Electric prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sieyuan Electric is a good investment. Please check the relationship between Sieyuan Electric Total Current Liabilities and its Non Current Liabilities Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sieyuan Electric 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 nation.
Total Current Liabilities vs Non Current Liabilities Other
Total Current Liabilities vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sieyuan Electric Total Current Liabilities account and
Non Current Liabilities Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sieyuan Electric's Total Current Liabilities and Non Current Liabilities Other is 0.86. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of Sieyuan Electric Co, assuming nothing else is changed. The correlation between historical values of Sieyuan Electric's Total Current Liabilities and Non Current Liabilities Other 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 Current Liabilities of Sieyuan Electric Co are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Total Current Liabilities i.e., Sieyuan Electric's Total Current Liabilities and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Sieyuan Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sieyuan Electric Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Non Current Liabilities Other
Most indicators from Sieyuan Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sieyuan Electric 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 Sieyuan Electric 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 nation.
The current year's
Selling General Administrative is expected to grow to about 572
M, whereas
Tax Provision is forecasted to decline to about 87
M.
Sieyuan Electric fundamental ratios Correlations
Click cells to compare fundamentals
Sieyuan Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sieyuan Electric fundamental ratios Accounts
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Other Information on Investing in Sieyuan Stock
Balance Sheet is a snapshot of the
financial position of Sieyuan Electric at a specified time, usually calculated after every quarter, six months, or one year. Sieyuan Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sieyuan Electric 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 Sieyuan currently owns. An asset can also be divided into two categories, current and non-current.