600779 Stock | | | 58.90 0.08 0.14% |
Sichuan Swellfun financial indicator trend analysis is much more than just breaking down Sichuan Swellfun prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Swellfun is a good investment. Please check the relationship between Sichuan Swellfun Tax Provision and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Swellfun 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Swellfun Tax Provision account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sichuan Swellfun's Tax Provision and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Sichuan Swellfun Co, assuming nothing else is changed. The correlation between historical values of Sichuan Swellfun's Tax Provision 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 Tax Provision of Sichuan Swellfun Co 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 Tax Provision i.e., Sichuan Swellfun's Tax Provision and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Sichuan Swellfun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Swellfun 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 Sichuan Swellfun 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 11, 2024, Selling General Administrative is expected to decline to about 610.9
M. In addition to that, Tax Provision is expected to decline to about 283.4
MBalance Sheet is a snapshot of the
financial position of Sichuan Swellfun at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Swellfun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Swellfun 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.