600039 Stock | | | 7.40 0.16 2.12% |
Sichuan Road financial indicator trend analysis is much more than just breaking down Sichuan Road Bridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Road Bridge is a good investment. Please check the relationship between Sichuan Road Total Assets and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Road Bridge. 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 Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Road Bridge Total Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sichuan Road's Total Assets and Other Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sichuan Road Bridge, assuming nothing else is changed. The correlation between historical values of Sichuan Road's Total Assets and Other Stockholder Equity 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 Assets of Sichuan Road Bridge are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Sichuan Road's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Sichuan Road assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sichuan Road Bridge books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Other Stockholder Equity
Most indicators from Sichuan Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Road Bridge 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 Road Bridge. 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.
The current year's
Selling General Administrative is expected to grow to about 533.4
M, whereas
Tax Provision is forecasted to decline to about 985.2
M.
Sichuan Road fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Road fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Road Bridge at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Road Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Road 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.