| 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 Net Working Capital and its Total Assets 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.
Net Working Capital vs Total Assets
Net Working Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gan Yuan Foods Net Working Capital account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gan Yuan's Net Working Capital and Total Assets is 0.98. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Assets 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 Net Working Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Gan Yuan Foods are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Working Capital i.e., Gan Yuan's Net Working Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Working Capital
Total Assets
Total assets refers to the total amount of Gan Yuan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gan Yuan Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.