600373 Stock | | | 12.60 0.07 0.56% |
Chinese Universe financial indicator trend analysis is way more than just evaluating Chinese Universe Pub prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chinese Universe Pub is a good investment. Please check the relationship between Chinese Universe Other Liab and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chinese Universe Publishing. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chinese Universe Pub Other Liab account and
Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chinese Universe's Other Liab and Inventory is 0.8. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of Chinese Universe Publishing, assuming nothing else is changed. The correlation between historical values of Chinese Universe's Other Liab 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 Other Liab of Chinese Universe Publishing 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 Other Liab i.e., Chinese Universe's Other Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Chinese Universe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chinese Universe Pub 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 Chinese Universe Publishing. 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 November 29, 2024,
Selling General Administrative is expected to decline to about 778.2
M. The current year's
Tax Provision is expected to grow to about (233.4
M)
Balance Sheet is a snapshot of the
financial position of Chinese Universe Pub at a specified time, usually calculated after every quarter, six months, or one year. Chinese Universe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chinese Universe 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 Chinese currently owns. An asset can also be divided into two categories, current and non-current.