600880 Stock | | | 5.04 0.01 0.20% |
Chengdu B financial indicator trend analysis is way more than just evaluating Chengdu B ray prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu B ray is a good investment. Please check the relationship between Chengdu B Long Term Investments and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu B ray 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.
Long Term Investments vs Other Liab
Long Term Investments vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chengdu B ray Long Term Investments account and
Other Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Chengdu B's Long Term Investments and Other Liab is 0.04. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Liab in the same time period over historical financial statements of Chengdu B ray Media, assuming nothing else is changed. The correlation between historical values of Chengdu B's Long Term Investments and Other Liab 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 Investments of Chengdu B ray Media are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Long Term Investments i.e., Chengdu B's Long Term Investments and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Chengdu B balance sheet that represents investments Chengdu B ray intends to hold for over a year. Chengdu B ray Media long term investments may include different instruments such as stocks, bonds, real estate and cash.
Other Liab
Most indicators from Chengdu B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu B ray 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 Chengdu B ray 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.
At present, Chengdu B's
Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 20.5
M, whereas
Selling General Administrative is forecasted to decline to about 52.5
M.
Chengdu B fundamental ratios Correlations
Click cells to compare fundamentals
Chengdu B Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chengdu B fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Chengdu Stock
Balance Sheet is a snapshot of the
financial position of Chengdu B ray at a specified time, usually calculated after every quarter, six months, or one year. Chengdu B Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chengdu B 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 Chengdu currently owns. An asset can also be divided into two categories, current and non-current.