600996 Stock | | | 9.84 0.17 1.76% |
Guizhou BroadcastingTV financial indicator trend analysis is much more than just examining Guizhou BroadcastingTV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou BroadcastingTV is a good investment. Please check the relationship between Guizhou BroadcastingTV Total Current Assets and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou BroadcastingTV Info. 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 Deferred Long Term Liab
Total Current Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guizhou BroadcastingTV Total Current Assets account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guizhou BroadcastingTV's Total Current Assets and Deferred Long Term Liab is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Guizhou BroadcastingTV Info, assuming nothing else is changed. The correlation between historical values of Guizhou BroadcastingTV's Total Current Assets and Deferred Long Term 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 Total Current Assets of Guizhou BroadcastingTV Info are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Assets i.e., Guizhou BroadcastingTV's Total Current Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Guizhou BroadcastingTV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou BroadcastingTV 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 Guizhou BroadcastingTV Info. 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 205.3
M, whereas
Tax Provision is projected to grow to (1.3
M).
Guizhou BroadcastingTV fundamental ratios Correlations
Click cells to compare fundamentals
Guizhou BroadcastingTV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guizhou BroadcastingTV fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guizhou Stock
Balance Sheet is a snapshot of the
financial position of Guizhou BroadcastingTV at a specified time, usually calculated after every quarter, six months, or one year. Guizhou BroadcastingTV Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guizhou BroadcastingTV 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 Guizhou currently owns. An asset can also be divided into two categories, current and non-current.