| 301286 Stock | | | 35.38 0.48 1.38% |
Sichuan Qiaoyuan financial indicator trend analysis is much more than just breaking down Sichuan Qiaoyuan Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Qiaoyuan Gas is a good investment. Please check the relationship between Sichuan Qiaoyuan Other Non Cash Items and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Qiaoyuan Gas. 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.
Other Non Cash Items vs Capital Expenditures
Other Non Cash Items vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Qiaoyuan Gas Other Non Cash Items account and
Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sichuan Qiaoyuan's Other Non Cash Items and Capital Expenditures is 0.96. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Sichuan Qiaoyuan Gas, assuming nothing else is changed. The correlation between historical values of Sichuan Qiaoyuan's Other Non Cash Items and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Sichuan Qiaoyuan Gas are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., Sichuan Qiaoyuan's Other Non Cash Items and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Non Cash Items
Capital Expenditures
Capital Expenditures are funds used by Sichuan Qiaoyuan Gas to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sichuan Qiaoyuan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Sichuan Qiaoyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Qiaoyuan Gas 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 Sichuan Qiaoyuan Gas. 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 9, 2025,
Tax Provision is expected to decline to about 39.4
M. In addition to that,
Selling General Administrative is expected to decline to about 45.7
MSichuan Qiaoyuan fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Qiaoyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Qiaoyuan fundamental ratios Accounts
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Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Qiaoyuan Gas at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Qiaoyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Qiaoyuan 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.