002812 Stock | | | 32.95 0.63 1.88% |
Yunnan Chuangxin financial indicator trend analysis is more than just analyzing Yunnan Chuangxin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Chuangxin New is a good investment. Please check the relationship between Yunnan Chuangxin Long Term Debt and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Chuangxin New. 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.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Chuangxin New Long Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yunnan Chuangxin's Long Term Debt and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Yunnan Chuangxin New, assuming nothing else is changed. The correlation between historical values of Yunnan Chuangxin's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Yunnan Chuangxin New are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Yunnan Chuangxin's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Yunnan Chuangxin New has held for over one year. Long-term debt appears on Yunnan Chuangxin New balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Yunnan Chuangxin New balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Property Plant Equipment
Most indicators from Yunnan Chuangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Chuangxin New 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 Yunnan Chuangxin New. 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.
As of December 26, 2024,
Selling General Administrative is expected to decline to about 136.7
M. In addition to that,
Tax Provision is expected to decline to about 230.4
MYunnan Chuangxin fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Chuangxin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Chuangxin fundamental ratios Accounts
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Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Chuangxin New at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Chuangxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Chuangxin 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.