600959 Stock | | | 3.67 0.02 0.54% |
Jiangsu Broadcasting financial indicator trend analysis is infinitely more than just investigating Jiangsu Broadcasting recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Broadcasting is a good investment. Please check the relationship between Jiangsu Broadcasting Long Term Investments and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Broadcasting Cable. 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 Short Term Debt
Long Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Broadcasting Long Term Investments account and
Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiangsu Broadcasting's Long Term Investments and Short Term Debt is -0.02. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Jiangsu Broadcasting Cable, assuming nothing else is changed. The correlation between historical values of Jiangsu Broadcasting's Long Term Investments and Short 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 Long Term Investments of Jiangsu Broadcasting Cable are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Investments i.e., Jiangsu Broadcasting's Long Term Investments and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Jiangsu Broadcasting balance sheet that represents investments Jiangsu Broadcasting intends to hold for over a year. Jiangsu Broadcasting Cable long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Term Debt
Most indicators from Jiangsu Broadcasting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Broadcasting 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 Jiangsu Broadcasting Cable. 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 4, 2024,
Selling General Administrative is expected to decline to about 869.1
M. The current year's
Tax Provision is expected to grow to about (5.2
M)
Jiangsu Broadcasting fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Broadcasting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Broadcasting fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Broadcasting at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Broadcasting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Broadcasting 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.