002861 Stock | | | 14.54 0.25 1.69% |
Hubei Yingtong financial indicator trend analysis is much more than just examining Hubei Yingtong Telec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Yingtong Telec is a good investment. Please check the relationship between Hubei Yingtong Common Stock and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Yingtong Telecommunication. 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.
Common Stock vs Deferred Long Term Liab
Common Stock vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hubei Yingtong Telec Common Stock account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hubei Yingtong's Common Stock and Deferred Long Term Liab is 0.38. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Hubei Yingtong Telecommunication, assuming nothing else is changed. The correlation between historical values of Hubei Yingtong's Common Stock and Deferred Long Term 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 Common Stock of Hubei Yingtong Telecommunication are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Common Stock i.e., Hubei Yingtong's Common Stock and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Hubei Yingtong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Yingtong Telec 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 Hubei Yingtong Telecommunication. 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
Tax Provision is expected to grow to about 6.2
M, whereas
Selling General Administrative is forecasted to decline to about 49.1
M.
Hubei Yingtong fundamental ratios Correlations
Click cells to compare fundamentals
Hubei Yingtong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubei Yingtong fundamental ratios Accounts
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Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the
financial position of Hubei Yingtong Telec at a specified time, usually calculated after every quarter, six months, or one year. Hubei Yingtong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Yingtong 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.