600225 Stock | | | 1.24 0.00 0.00% |
Tianjin Songjiang financial indicator trend analysis is much more than just breaking down Tianjin Songjiang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Songjiang is a good investment. Please check the relationship between Tianjin Songjiang Short Term Investments and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Songjiang 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.
Short Term Investments vs Inventory
Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin Songjiang Short Term Investments account and
Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tianjin Songjiang's Short Term Investments and Inventory is -0.64. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Tianjin Songjiang Co, assuming nothing else is changed. The correlation between historical values of Tianjin Songjiang's Short Term Investments 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 Short Term Investments of Tianjin Songjiang Co 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 Short Term Investments i.e., Tianjin Songjiang's Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Tianjin Songjiang balance sheet. It contains any investments Tianjin Songjiang Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tianjin Songjiang can easily liquidate in the marketplace.
Inventory
Most indicators from Tianjin Songjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Songjiang 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 Songjiang 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.
The current year's
Selling General Administrative is expected to grow to about 121.4
M, whereas
Tax Provision is projected to grow to (15.8
M).
Tianjin Songjiang fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin Songjiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin Songjiang 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 Songjiang at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Songjiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Songjiang 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.