600779 Stock | | | 59.37 0.47 0.80% |
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 Total Current Assets and its Non Currrent Assets Other 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.
Total Current Assets vs Non Currrent Assets Other
Total Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Swellfun Total Current Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Swellfun's Total Current Assets and Non Currrent Assets Other is 0.57. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Current Assets and Non Currrent Assets Other 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 Sichuan Swellfun Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Sichuan Swellfun's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 12, 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
MSichuan Swellfun fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Swellfun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Swellfun fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Balance 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.