600958 Stock | | | 10.66 0.01 0.09% |
Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec Total Assets and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Orient Sec 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 Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orient Sec Total Assets account and
Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orient Sec's Total Assets and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec's Total Assets and Intangible Assets 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 Assets of Orient Sec Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Orient Sec's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Orient Sec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Orient Sec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec 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 current year's
Tax Provision is expected to grow to about 312.7
M, whereas
Selling General Administrative is forecasted to decline to about 6.4
B.
Orient Sec fundamental ratios Correlations
Click cells to compare fundamentals
Orient Sec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orient Sec fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Orient Stock
Balance Sheet is a snapshot of the
financial position of Orient Sec at a specified time, usually calculated after every quarter, six months, or one year. Orient Sec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orient Sec 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 Orient currently owns. An asset can also be divided into two categories, current and non-current.