600236 Stock | | | 6.90 0.04 0.58% |
Guangxi Guiguan financial indicator trend analysis is much more than just examining Guangxi Guiguan Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Guiguan Electric is a good investment. Please check the relationship between Guangxi Guiguan Property Plant Equipment and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Guiguan Electric. 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.
Property Plant Equipment vs Short Term Investments
Property Plant Equipment vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangxi Guiguan Electric Property Plant Equipment account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangxi Guiguan's Property Plant Equipment and Short Term Investments is 0.54. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Guangxi Guiguan Electric, assuming nothing else is changed. The correlation between historical values of Guangxi Guiguan's Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Guangxi Guiguan Electric are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Guangxi Guiguan's Property Plant Equipment and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Short Term Investments
Short Term Investments is an item under the current assets section of Guangxi Guiguan balance sheet. It contains any investments Guangxi Guiguan Electric undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Guangxi Guiguan Electric can easily liquidate in the marketplace.
Most indicators from Guangxi Guiguan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Guiguan Electric 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 Guangxi Guiguan Electric. 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 13, 2024,
Selling General Administrative is expected to decline to about 169.8
M. In addition to that,
Tax Provision is expected to decline to about 170.4
MGuangxi Guiguan fundamental ratios Correlations
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Guangxi Guiguan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangxi Guiguan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guangxi Stock
Balance Sheet is a snapshot of the
financial position of Guangxi Guiguan Electric at a specified time, usually calculated after every quarter, six months, or one year. Guangxi Guiguan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangxi Guiguan 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 Guangxi currently owns. An asset can also be divided into two categories, current and non-current.