002991 Stock | | | 85.45 3.26 3.67% |
Gan Yuan financial indicator trend analysis is much more than just examining Gan Yuan Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gan Yuan Foods is a good investment. Please check the relationship between Gan Yuan Deferred Long Term Liab and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gan Yuan Foods. 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.
Deferred Long Term Liab vs Common Stock
Deferred Long Term Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gan Yuan Foods Deferred Long Term Liab account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gan Yuan's Deferred Long Term Liab and Common Stock is 0.88. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gan Yuan Foods, assuming nothing else is changed. The correlation between historical values of Gan Yuan's Deferred Long Term Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Gan Yuan Foods are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Deferred Long Term Liab i.e., Gan Yuan's Deferred Long Term Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Common Stock
Most indicators from Gan Yuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gan Yuan Foods 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 Gan Yuan Foods. 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.
As of December 23, 2024,
Tax Provision is expected to decline to about 51.9
M. In addition to that,
Selling General Administrative is expected to decline to about 224.4
MGan Yuan fundamental ratios Correlations
Click cells to compare fundamentals
Gan Yuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gan Yuan fundamental ratios Accounts
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Other Information on Investing in Gan Stock
Balance Sheet is a snapshot of the
financial position of Gan Yuan Foods at a specified time, usually calculated after every quarter, six months, or one year. Gan Yuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gan Yuan 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 Gan currently owns. An asset can also be divided into two categories, current and non-current.