| 600082 Stock | | | 3.01 0.05 1.63% |
Tianjin Hi-Tech 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-Tech Total Liab and its Inventory 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.
Total Liab vs Inventory
Total Liab vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Hi Tech Total Liab account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tianjin Hi-Tech's Total Liab and Inventory is 0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Inventory 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-Tech's Total Liab and Inventory 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 Liab of Tianjin Hi Tech Development are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Liab i.e., Tianjin Hi-Tech's Total Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Inventory
Most indicators from Tianjin Hi-Tech'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.
As of March 2, 2025,
Selling General Administrative is expected to decline to about 11.5
M. In addition to that,
Tax Provision is expected to decline to about 4.6
MTianjin Hi-Tech fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Hi-Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Hi-Tech 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-Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Hi-Tech 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.