600543 Stock | | | 4.43 0.04 0.89% |
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 Total Current Assets and its Selling General Administrative 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.
Total Current Assets vs Selling General Administrative
Total Current Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gansu Mogao Industrial Total Current Assets account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gansu Mogao's Total Current Assets and Selling General Administrative is 0.7. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative 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 Total Current Assets and Selling General Administrative 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 Current Assets of Gansu Mogao Industrial are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Gansu Mogao's Total Current Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Selling General Administrative
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
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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.