600390 Stock | | | 7.19 0.14 1.99% |
Minmetals Capital financial indicator trend analysis is infinitely more than just investigating Minmetals Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minmetals Capital is a good investment. Please check the relationship between Minmetals Capital Other Non Cash Items and its Change To Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Minmetals Capital 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Minmetals Capital Other Non Cash Items account and
Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Minmetals Capital's Other Non Cash Items and Change To Liabilities is -0.2. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Minmetals Capital Co, assuming nothing else is changed. The correlation between historical values of Minmetals Capital's Other Non Cash Items and Change To Liabilities 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 Non Cash Items of Minmetals Capital Co are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Other Non Cash Items i.e., Minmetals Capital's Other Non Cash Items and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Minmetals Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minmetals Capital 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 Minmetals Capital 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 883.1
M. The current year's
Tax Provision is expected to grow to about 1.1
BBalance Sheet is a snapshot of the
financial position of Minmetals Capital at a specified time, usually calculated after every quarter, six months, or one year. Minmetals Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Minmetals Capital 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 Minmetals currently owns. An asset can also be divided into two categories, current and non-current.