CIMC Short Term Investments vs Inventory Analysis

301039 Stock   9.86  0.06  0.61%   
CIMC Vehicles financial indicator trend analysis is way more than just evaluating CIMC Vehicles prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CIMC Vehicles is a good investment. Please check the relationship between CIMC Vehicles Short Term Investments and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CIMC Vehicles 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 nation.

Short Term Investments vs Inventory

Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CIMC Vehicles Short Term Investments account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between CIMC Vehicles' Short Term Investments and Inventory is -0.95. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of CIMC Vehicles Co, assuming nothing else is changed. The correlation between historical values of CIMC Vehicles' Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of CIMC Vehicles Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Investments i.e., CIMC Vehicles' Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of CIMC Vehicles balance sheet. It contains any investments CIMC Vehicles Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CIMC Vehicles can easily liquidate in the marketplace.

Inventory

Most indicators from CIMC Vehicles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CIMC Vehicles 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 CIMC Vehicles 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 nation.
As of December 2, 2024, Tax Provision is expected to decline to about 408.2 M. In addition to that, Selling General Administrative is expected to decline to about 1.7 B
 2021 2022 2023 2024 (projected)
Interest Expense44.8M46.8M11.1M10.6M
Interest Income62.0M73.3M121.7M90.6M

CIMC Vehicles fundamental ratios Correlations

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0.99-0.510.990.960.80.980.90.480.70.98-0.670.68-0.940.760.970.910.88-0.210.99-0.960.990.98-0.72-0.750.88
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CIMC Vehicles Account Relationship Matchups

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Other Information on Investing in CIMC Stock

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