300385 Stock | | | 4.55 0.20 4.60% |
Wuxi Xuelang financial indicator trend analysis is more than just analyzing Wuxi Xuelang Environ current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Xuelang Environ is a good investment. Please check the relationship between Wuxi Xuelang Depreciation and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuxi Xuelang Environmental. 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.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuxi Xuelang Environ Depreciation account and
Dividends Paid. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wuxi Xuelang's Depreciation and Dividends Paid is 0.81. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Wuxi Xuelang Environmental, assuming nothing else is changed. The correlation between historical values of Wuxi Xuelang's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Wuxi Xuelang Environmental are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Wuxi Xuelang's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation
Depreciation indicates how much of Wuxi Xuelang Environ value has been used up. For tax purposes Wuxi Xuelang can deduct the cost of the tangible assets it purchases as business expenses. However, Wuxi Xuelang Environmental must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Wuxi Xuelang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Xuelang Environ 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 Wuxi Xuelang Environmental. 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 January 7, 2025,
Selling General Administrative is expected to decline to about 28.6
M. The current year's
Tax Provision is expected to grow to about (8.8
M)
Wuxi Xuelang fundamental ratios Correlations
Click cells to compare fundamentals
Wuxi Xuelang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuxi Xuelang fundamental ratios Accounts
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Other Information on Investing in Wuxi Stock
Balance Sheet is a snapshot of the
financial position of Wuxi Xuelang Environ at a specified time, usually calculated after every quarter, six months, or one year. Wuxi Xuelang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuxi Xuelang 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 Wuxi currently owns. An asset can also be divided into two categories, current and non-current.