601019 Stock | | | 10.59 0.05 0.47% |
Shandong Publishing financial indicator trend analysis is much more than just breaking down Shandong Publishing Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Publishing Media is a good investment. Please check the relationship between Shandong Publishing Total Liab and its Non Current Liabilities Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Publishing 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 board of governors.
Total Liab vs Non Current Liabilities Other
Total Liab vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shandong Publishing Media Total Liab account and
Non Current Liabilities Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shandong Publishing's Total Liab and Non Current Liabilities Other is -0.43. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of Shandong Publishing Media, assuming nothing else is changed. The correlation between historical values of Shandong Publishing's Total Liab and Non Current Liabilities Other 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 Liab of Shandong Publishing Media are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Total Liab i.e., Shandong Publishing's Total Liab and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Non Current Liabilities Other
Most indicators from Shandong Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Publishing 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 Shandong Publishing 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 board of governors.
As of December 4, 2024,
Selling General Administrative is expected to decline to about 1.5
B. The current year's
Tax Provision is expected to grow to about (260.5
M)
Shandong Publishing fundamental ratios Correlations
Click cells to compare fundamentals
Shandong Publishing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shandong Publishing fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shandong Stock
Balance Sheet is a snapshot of the
financial position of Shandong Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. Shandong Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Publishing 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.