002993 Stock | | | 35.13 0.14 0.40% |
Dongguan Aohai financial indicator trend analysis is much more than just examining Dongguan Aohai Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongguan Aohai Technology is a good investment. Please check the relationship between Dongguan Aohai Deferred Long Term Liab and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongguan Aohai Technology. 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 Shares Outstanding
Deferred Long Term Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dongguan Aohai Technology Deferred Long Term Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding is 0.89. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Dongguan Aohai Technology, assuming nothing else is changed. The correlation between historical values of Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding 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 Dongguan Aohai Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Deferred Long Term Liab i.e., Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.89 |
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 Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Dongguan Aohai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongguan Aohai Technology 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 Dongguan Aohai Technology. 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
Selling General Administrative is expected to grow to about 224.4
M, whereas
Tax Provision is forecasted to decline to about 39.6
M.
Dongguan Aohai fundamental ratios Correlations
Click cells to compare fundamentals
Dongguan Aohai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dongguan Aohai fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Dongguan Stock
Balance Sheet is a snapshot of the
financial position of Dongguan Aohai Technology at a specified time, usually calculated after every quarter, six months, or one year. Dongguan Aohai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dongguan Aohai 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 Dongguan currently owns. An asset can also be divided into two categories, current and non-current.