301148 Stock | | | 17.08 0.79 4.42% |
Xiamen Jiarong financial indicator trend analysis is more than just analyzing Xiamen Jiarong Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Jiarong Technology is a good investment. Please check the relationship between Xiamen Jiarong Long Term Debt and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Jiarong 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.
Long Term Debt vs Other Current Liab
Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Jiarong Technology Long Term Debt account and
Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiamen Jiarong's Long Term Debt and Other Current Liab is -0.73. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Xiamen Jiarong Technology, assuming nothing else is changed. The correlation between historical values of Xiamen Jiarong's Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Xiamen Jiarong Technology are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Xiamen Jiarong's Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Xiamen Jiarong Technology has held for over one year. Long-term debt appears on Xiamen Jiarong Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Xiamen Jiarong Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Current Liab
Most indicators from Xiamen Jiarong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Jiarong 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 Xiamen Jiarong 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.
As of January 6, 2025,
Tax Provision is expected to decline to about 367.7
K. In addition to that,
Selling General Administrative is expected to decline to about 67.3
MXiamen Jiarong fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Jiarong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Jiarong 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 Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Jiarong Technology at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Jiarong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Jiarong 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.