| 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 Total Stockholder Equity and its Retained Earnings 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.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Qiaoyuan Gas Total Stockholder Equity account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Qiaoyuan's Total Stockholder Equity and Retained Earnings is 0.45. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Sichuan Qiaoyuan Gas are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Sichuan Qiaoyuan's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 10, 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.