002215 Stock | | | 9.77 0.27 2.84% |
Shenzhen Noposion financial indicator trend analysis is much more than just breaking down Shenzhen Noposion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Noposion is a good investment. Please check the relationship between Shenzhen Noposion End Period Cash Flow and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Noposion Agrochemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
End Period Cash Flow vs Depreciation
End Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Noposion End Period Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Noposion's End Period Cash Flow and Depreciation is 0.66. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Shenzhen Noposion Agrochemicals, assuming nothing else is changed. The correlation between historical values of Shenzhen Noposion's End Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Shenzhen Noposion Agrochemicals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of End Period Cash Flow i.e., Shenzhen Noposion's End Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
End Period Cash Flow
Depreciation
Depreciation indicates how much of Shenzhen Noposion value has been used up. For tax purposes Shenzhen Noposion can deduct the cost of the tangible assets it purchases as business expenses. However, Shenzhen Noposion Agrochemicals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Shenzhen Noposion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Noposion 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 Shenzhen Noposion Agrochemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 518.4
M. The current year's
Tax Provision is expected to grow to about 24
MShenzhen Noposion fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Noposion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Noposion fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Noposion at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Noposion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Noposion 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.