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 Short Term Investments and its Other Current Assets 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.
Short Term Investments vs Other Current Assets
Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inner Mongolia BaoTou Short Term Investments account and
Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inner Mongolia's Short Term Investments and Other Current Assets is 0.65. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets 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 Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Inner Mongolia BaoTou are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., Inner Mongolia's Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Inner Mongolia balance sheet. It contains any investments Inner Mongolia BaoTou undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Inner Mongolia BaoTou can easily liquidate in the marketplace.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.