| 600157 Stock | | | 1.79 0.08 4.68% |
Wintime Energy financial indicator trend analysis is more than just analyzing Wintime Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wintime Energy is a good investment. Please check the relationship between Wintime Energy Total Stockholder Equity and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wintime Energy 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.
Total Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wintime Energy Total Stockholder Equity account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wintime Energy's Total Stockholder Equity and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Wintime Energy Co, assuming nothing else is changed. The correlation between historical values of Wintime Energy's Total Stockholder Equity and Accounts Payable 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 Stockholder Equity of Wintime Energy Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Wintime Energy's Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Accounts Payable
An accounting item on the balance sheet that represents Wintime Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Wintime Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Wintime Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wintime Energy 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 Wintime Energy 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 1, 2025,
Selling General Administrative is expected to decline to about 307.9
M. In addition to that,
Tax Provision is expected to decline to about 624.7
MWintime Energy fundamental ratios Correlations
Click cells to compare fundamentals
Wintime Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wintime Energy fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Wintime Stock
Balance Sheet is a snapshot of the
financial position of Wintime Energy at a specified time, usually calculated after every quarter, six months, or one year. Wintime Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wintime Energy 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 Wintime currently owns. An asset can also be divided into two categories, current and non-current.