| 600082 Stock | | | 3.32 0.11 3.43% |
Tianjin Hi financial indicator trend analysis is much more than just breaking down Tianjin Hi Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Hi Tech is a good investment. Please check the relationship between Tianjin Hi Short Term Investments and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Hi Tech Development. 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.
Short Term Investments vs Total Current Liabilities
Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Hi Tech Short Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Tianjin Hi's Short Term Investments and Total Current Liabilities is 0.01. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Tianjin Hi Tech Development, assuming nothing else is changed. The correlation between historical values of Tianjin Hi's Short Term Investments and Total Current Liabilities 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 Tianjin Hi Tech Development are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Tianjin Hi's Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Tianjin Hi balance sheet. It contains any investments Tianjin Hi Tech Development undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tianjin Hi Tech can easily liquidate in the marketplace.
Total Current Liabilities
Total Current Liabilities is an item on Tianjin Hi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tianjin Hi Tech Development are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Tianjin Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Hi Tech 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 Tianjin Hi Tech Development. 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 25.3
M. The current year's
Tax Provision is expected to grow to about 4.6
MTianjin Hi fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Hi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Hi fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Hi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Hi 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.