600236 Stock | | | 6.29 0.06 0.94% |
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 Total Stockholder Equity and its Cash 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangxi Guiguan Electric Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Guangxi Guiguan's Total Stockholder Equity and Cash is 0.08. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Total Stockholder Equity and Cash 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 Guangxi Guiguan Electric are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Guangxi Guiguan's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Cash
Cash refers to the most liquid asset of Guangxi Guiguan Electric, which is listed under current asset account on Guangxi Guiguan Electric balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guangxi Guiguan customers. The amounts must be unrestricted with restricted cash listed in a different Guangxi Guiguan account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
The current year's
Selling General Administrative is expected to grow to about 398.5
M, whereas
Tax Provision is forecasted to decline to about 153.4
M.
Guangxi Guiguan fundamental ratios Correlations
Click cells to compare fundamentals
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.