600543 Stock | | | 4.62 0.06 1.28% |
Gansu Mogao financial indicator trend analysis is much more than just examining Gansu Mogao Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gansu Mogao Industrial is a good investment. Please check the relationship between Gansu Mogao Intangible Assets and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gansu Mogao Industrial. 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.
Intangible Assets vs Common Stock Shares Outstanding
Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gansu Mogao Industrial Intangible Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gansu Mogao's Intangible Assets and Common Stock Shares Outstanding is -0.18. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Gansu Mogao Industrial, assuming nothing else is changed. The correlation between historical values of Gansu Mogao's Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Gansu Mogao Industrial are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., Gansu Mogao's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Gansu Mogao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gansu Mogao Industrial 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 Gansu Mogao Industrial. 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 68.6
M, whereas
Tax Provision is forecasted to decline to about 47.3
K.
Gansu Mogao fundamental ratios Correlations
Click cells to compare fundamentals
Gansu Mogao Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gansu Mogao fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Gansu Stock
Balance Sheet is a snapshot of the
financial position of Gansu Mogao Industrial at a specified time, usually calculated after every quarter, six months, or one year. Gansu Mogao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gansu Mogao 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 Gansu currently owns. An asset can also be divided into two categories, current and non-current.