600675 Stock | | | 2.88 0.12 4.00% |
China Enterprise financial indicator trend analysis is way more than just evaluating China Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Enterprise is a good investment. Please check the relationship between China Enterprise Long Term Debt and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Enterprise 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.
Long Term Debt vs Other Assets
Long Term Debt vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Enterprise Long Term Debt account and
Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Enterprise's Long Term Debt and Other Assets is 0.83. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of China Enterprise Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., China Enterprise's Long Term Debt and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that China Enterprise has held for over one year. Long-term debt appears on China Enterprise Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Enterprise Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Assets
Most indicators from China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 China Enterprise 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.
As of December 24, 2024,
Tax Provision is expected to decline to about 570.2
M. In addition to that,
Selling General Administrative is expected to decline to about 320.8
MChina Enterprise fundamental ratios Correlations
Click cells to compare fundamentals
China Enterprise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Enterprise fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Enterprise at a specified time, usually calculated after every quarter, six months, or one year. China Enterprise Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Enterprise 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 China currently owns. An asset can also be divided into two categories, current and non-current.