600010 Stock | | | 1.92 0.03 1.59% |
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia BaoTou recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia BaoTou is a good investment. Please check the relationship between Inner Mongolia Non Current Assets Total and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia BaoTou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Current Assets Total vs Long Term Investments
Non Current Assets Total vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inner Mongolia BaoTou Non Current Assets Total account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Inner Mongolia's Non Current Assets Total and Long Term Investments is -0.09. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Inner Mongolia BaoTou, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Non Current Assets Total and Long Term Investments 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 Current Assets Total of Inner Mongolia BaoTou are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Non Current Assets Total i.e., Inner Mongolia's Non Current Assets Total and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Long Term Investments
Long Term Investments is an item on the asset side of Inner Mongolia balance sheet that represents investments Inner Mongolia BaoTou intends to hold for over a year. Inner Mongolia BaoTou long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia BaoTou 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 Inner Mongolia BaoTou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 1.2
B, whereas
Tax Provision is forecasted to decline to about 357.6
M.
Inner Mongolia fundamental ratios Correlations
Click cells to compare fundamentals
Inner Mongolia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inner Mongolia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Inner Stock
Balance Sheet is a snapshot of the
financial position of Inner Mongolia BaoTou at a specified time, usually calculated after every quarter, six months, or one year. Inner Mongolia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inner Mongolia 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 Inner currently owns. An asset can also be divided into two categories, current and non-current.