Chongqing Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

301121 Stock   53.34  1.82  3.30%   
Chongqing VDL financial indicator trend analysis is way more than just evaluating Chongqing VDL Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing VDL Electronics is a good investment. Please check the relationship between Chongqing VDL Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing VDL Electronics. 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing VDL Electronics Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Chongqing VDL's Non Currrent Assets Other and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chongqing VDL Electronics, assuming nothing else is changed. The correlation between historical values of Chongqing VDL's Non Currrent Assets Other and Property Plant And Equipment Net 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 Currrent Assets Other of Chongqing VDL Electronics are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Chongqing VDL's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Chongqing VDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing VDL Electronics 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 Chongqing VDL Electronics. 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 Tax Provision is expected to grow to about (11.2 M). In addition to that, Selling General Administrative is expected to decline to about 43.9 M
 2021 2022 2023 2024 (projected)
Interest Expense3.1M9.3M13.0M13.6M
Interest Income106.3K2.0M9.2M9.6M

Chongqing VDL fundamental ratios Correlations

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Chongqing VDL Account Relationship Matchups

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Other Information on Investing in Chongqing Stock

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