Kangping Non Current Assets Total vs Non Currrent Assets Other Analysis

300907 Stock   23.66  0.53  2.19%   
Kangping Technology financial indicator trend analysis is infinitely more than just investigating Kangping Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kangping Technology is a good investment. Please check the relationship between Kangping Technology Non Current Assets Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kangping Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangping Technology Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kangping Technology's Non Current Assets Total and Non Currrent Assets Other is -0.63. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Kangping Technology Co, assuming nothing else is changed. The correlation between historical values of Kangping Technology's Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kangping Technology Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Kangping Technology's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Kangping Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kangping 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 Kangping Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 30.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.3M5.7M3.3M3.9M
Interest Income1.6M1.1M2.9M1.7M

Kangping Technology fundamental ratios Correlations

-0.750.980.990.920.950.850.94-0.50.970.90.960.710.970.720.980.990.850.990.960.930.940.380.86-0.770.47
-0.75-0.62-0.82-0.91-0.54-0.42-0.830.89-0.76-0.9-0.86-0.58-0.59-0.22-0.63-0.82-0.66-0.69-0.86-0.77-0.73-0.66-0.750.94-0.11
0.98-0.620.940.830.970.850.91-0.390.930.840.910.640.990.731.00.960.870.970.910.930.870.310.86-0.70.52
0.99-0.820.940.970.920.840.93-0.580.970.920.980.710.930.680.950.990.810.980.980.920.960.440.83-0.80.4
0.92-0.910.830.970.810.750.88-0.720.930.910.970.650.810.540.840.940.710.910.970.850.940.570.75-0.840.21
0.95-0.540.970.920.810.940.8-0.30.890.730.860.640.970.810.970.90.730.980.860.830.920.20.73-0.570.45
0.85-0.420.850.840.750.940.62-0.130.830.570.750.630.860.90.850.780.50.910.750.630.920.080.49-0.350.39
0.94-0.830.910.930.880.80.62-0.630.930.980.950.640.890.490.910.970.960.880.950.990.780.530.96-0.90.48
-0.50.89-0.39-0.58-0.72-0.3-0.13-0.63-0.5-0.71-0.68-0.21-0.330.17-0.39-0.58-0.5-0.44-0.68-0.61-0.47-0.79-0.580.890.26
0.97-0.760.930.970.930.890.830.93-0.50.920.970.640.90.670.930.970.830.950.970.90.910.490.79-0.740.43
0.9-0.90.840.920.910.730.570.98-0.710.920.950.650.820.430.850.950.910.840.950.950.780.590.92-0.930.42
0.96-0.860.910.980.970.860.750.95-0.680.970.950.590.880.530.910.980.850.941.00.940.90.60.84-0.860.29
0.71-0.580.640.710.650.640.630.64-0.210.640.650.590.720.770.680.70.50.710.590.570.74-0.180.68-0.50.73
0.97-0.590.990.930.810.970.860.89-0.330.90.820.880.720.791.00.940.840.970.880.90.880.190.85-0.660.59
0.72-0.220.730.680.540.810.90.490.170.670.430.530.770.790.750.640.40.770.530.480.78-0.280.44-0.150.68
0.98-0.631.00.950.840.970.850.91-0.390.930.850.910.681.00.750.960.870.980.910.930.880.290.86-0.70.54
0.99-0.820.960.990.940.90.780.97-0.580.970.950.980.70.940.640.960.880.970.980.960.910.460.89-0.840.46
0.85-0.660.870.810.710.730.50.96-0.50.830.910.850.50.840.40.870.880.780.850.970.610.490.95-0.820.54
0.99-0.690.970.980.910.980.910.88-0.440.950.840.940.710.970.770.980.970.780.940.880.960.310.8-0.690.45
0.96-0.860.910.980.970.860.750.95-0.680.970.951.00.590.880.530.910.980.850.940.940.90.60.84-0.860.29
0.93-0.770.930.920.850.830.630.99-0.610.90.950.940.570.90.480.930.960.970.880.940.760.520.95-0.880.45
0.94-0.730.870.960.940.920.920.78-0.470.910.780.90.740.880.780.880.910.610.960.90.760.290.66-0.630.33
0.38-0.660.310.440.570.20.080.53-0.790.490.590.6-0.180.19-0.280.290.460.490.310.60.520.290.36-0.67-0.39
0.86-0.750.860.830.750.730.490.96-0.580.790.920.840.680.850.440.860.890.950.80.840.950.660.36-0.880.58
-0.770.94-0.7-0.8-0.84-0.57-0.35-0.90.89-0.74-0.93-0.86-0.5-0.66-0.15-0.7-0.84-0.82-0.69-0.86-0.88-0.63-0.67-0.88-0.18
0.47-0.110.520.40.210.450.390.480.260.430.420.290.730.590.680.540.460.540.450.290.450.33-0.390.58-0.18
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Kangping Technology Account Relationship Matchups

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Other Information on Investing in Kangping Stock

Balance Sheet is a snapshot of the financial position of Kangping Technology at a specified time, usually calculated after every quarter, six months, or one year. Kangping Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kangping Technology 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 Kangping currently owns. An asset can also be divided into two categories, current and non-current.