002439 Stock | | | 16.92 0.47 2.70% |
Beijing Venustech financial indicator trend analysis is way more than just evaluating Beijing Venustech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Venustech is a good investment. Please check the relationship between Beijing Venustech Non Current Liabilities Total and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Venustech. 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.
Non Current Liabilities Total vs Other Liab
Non Current Liabilities Total vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Venustech Non Current Liabilities Total account and
Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Venustech's Non Current Liabilities Total and Other Liab is 0.23. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Beijing Venustech, assuming nothing else is changed. The correlation between historical values of Beijing Venustech's Non Current Liabilities Total and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Beijing Venustech are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Liabilities Total i.e., Beijing Venustech's Non Current Liabilities Total and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Other Liab
Most indicators from Beijing Venustech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Venustech 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 Beijing Venustech. 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 699.6
M. The current year's
Tax Provision is expected to grow to about 36.7
MBeijing Venustech fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Venustech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Venustech fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Venustech at a specified time, usually calculated after every quarter, six months, or one year. Beijing Venustech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Venustech 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.