| 600130 Stock | | | 4.41 0.20 4.34% |
Ningbo Bird financial indicator trend analysis is infinitely more than just investigating Ningbo Bird recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Bird is a good investment. Please check the relationship between Ningbo Bird Net Income and its Change To Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Bird Co. 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.
Net Income vs Change To Liabilities
Net Income vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Bird Net Income account and
Change To Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ningbo Bird's Net Income and Change To Liabilities is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Ningbo Bird Co, assuming nothing else is changed. The correlation between historical values of Ningbo Bird's Net Income and Change To 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 Net Income of Ningbo Bird Co are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Ningbo Bird's Net Income and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ningbo Bird financial statement analysis. It represents the amount of money remaining after all of Ningbo Bird Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Liabilities
Most indicators from Ningbo Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Bird 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 Ningbo Bird Co. 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 January 5, 2025,
Selling General Administrative is expected to decline to about 7.4
M. In addition to that,
Tax Provision is expected to decline to about 1.2
MNingbo Bird fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo Bird Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo Bird fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo Bird at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Bird Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Bird 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.