600084 Stock | | | 6.39 0.11 1.75% |
Citic Guoan financial indicator trend analysis is way more than just evaluating Citic Guoan Wine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citic Guoan Wine is a good investment. Please check the relationship between Citic Guoan Non Current Liabilities Other and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Citic Guoan Wine. 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.
Non Current Liabilities Other vs Non Current Assets Total
Non Current Liabilities Other vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Citic Guoan Wine Non Current Liabilities Other account and
Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Citic Guoan's Non Current Liabilities Other and Non Current Assets Total is 0.25. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Citic Guoan Wine, assuming nothing else is changed. The correlation between historical values of Citic Guoan's Non Current Liabilities Other and Non Current Assets Total 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 Liabilities Other of Citic Guoan Wine are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Other i.e., Citic Guoan's Non Current Liabilities Other and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Other
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.
Most indicators from Citic Guoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citic Guoan Wine 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 Citic Guoan Wine. 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 December 12, 2024,
Selling General Administrative is expected to decline to about 43.4
M. In addition to that,
Tax Provision is expected to decline to about 33.8
KCitic Guoan fundamental ratios Correlations
Click cells to compare fundamentals
Citic Guoan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Citic Guoan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Citic Stock
Balance Sheet is a snapshot of the
financial position of Citic Guoan Wine at a specified time, usually calculated after every quarter, six months, or one year. Citic Guoan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Citic Guoan 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 Citic currently owns. An asset can also be divided into two categories, current and non-current.