| 600825 Stock | | | 8.36 0.35 4.02% |
Shanghai Xinhua financial indicator trend analysis is much more than just breaking down Shanghai Xinhua Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Xinhua Media is a good investment. Please check the relationship between Shanghai Xinhua Cash and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Xinhua Media. 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.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Xinhua Media Cash account and
Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Xinhua's Cash and Long Term Debt is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shanghai Xinhua Media, assuming nothing else is changed. The correlation between historical values of Shanghai Xinhua's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Shanghai Xinhua Media are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Shanghai Xinhua's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Shanghai Xinhua Media, which is listed under current asset account on Shanghai Xinhua Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shanghai Xinhua customers. The amounts must be unrestricted with restricted cash listed in a different Shanghai Xinhua account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Long Term Debt
Long-term debt is a debt that Shanghai Xinhua Media has held for over one year. Long-term debt appears on Shanghai Xinhua Media 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 Shanghai Xinhua Media 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.
Most indicators from Shanghai Xinhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Xinhua Media 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 Shanghai Xinhua Media. 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 364.1
M, whereas
Tax Provision is forecasted to decline to about 4.5
M.
Shanghai Xinhua fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Xinhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Xinhua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Xinhua Media at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Xinhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Xinhua 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.