| 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 Investments and its Total Current Liabilities 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 Investments vs Total Current Liabilities
Long Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Chuangxin New Long Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yunnan Chuangxin's Long Term Investments and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Liabilities 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 Investments and Total Current Liabilities 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 Investments of Yunnan Chuangxin New are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Investments i.e., Yunnan Chuangxin's Long Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Yunnan Chuangxin balance sheet that represents investments Yunnan Chuangxin New intends to hold for over a year. Yunnan Chuangxin New long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Current Liabilities
Total Current Liabilities is an item on Yunnan Chuangxin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Yunnan Chuangxin New 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.
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.