600462 Stock | | | 1.47 0.06 3.92% |
Hubei Geoway financial indicator trend analysis is much more than just examining Hubei Geoway Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Geoway Investment is a good investment. Please check the relationship between Hubei Geoway Inventory and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Geoway Investment. 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.
Inventory vs Total Stockholder Equity
Inventory vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hubei Geoway Investment Inventory account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Geoway's Inventory and Total Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Hubei Geoway Investment, assuming nothing else is changed. The correlation between historical values of Hubei Geoway's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Hubei Geoway Investment are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Hubei Geoway's Inventory and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
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.
Most indicators from Hubei Geoway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Geoway Investment 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 Hubei Geoway Investment. 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
Tax Provision is expected to grow to about 7.7
M, whereas
Selling General Administrative is forecasted to decline to about 54.1
M.
Hubei Geoway fundamental ratios Correlations
Click cells to compare fundamentals
Hubei Geoway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hubei Geoway fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the
financial position of Hubei Geoway Investment at a specified time, usually calculated after every quarter, six months, or one year. Hubei Geoway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Geoway 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.