600715 Stock | | | 2.21 0.03 1.38% |
Cultural Investment financial indicator trend analysis is way more than just evaluating Cultural Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cultural Investment is a good investment. Please check the relationship between Cultural Investment Net Receivables and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cultural Investment Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cultural Investment Net Receivables account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cultural Investment's Net Receivables and Inventory is 0.52. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Cultural Investment Holdings, assuming nothing else is changed. The correlation between historical values of Cultural Investment's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Cultural Investment Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Cultural Investment's Net Receivables and Inventory go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from Cultural Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cultural 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 Cultural Investment Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 60.1
M, whereas
Tax Provision is forecasted to decline to about 303.9
K.
Balance Sheet is a snapshot of the
financial position of Cultural Investment at a specified time, usually calculated after every quarter, six months, or one year. Cultural Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cultural Investment 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 Cultural currently owns. An asset can also be divided into two categories, current and non-current.