Sailun Jinyu financial indicator trend analysis is much more than just breaking down Sailun Jinyu Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailun Jinyu Group is a good investment. Please check the relationship between Sailun Jinyu Capital Expenditures and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sailun Jinyu Group. 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.
Capital Expenditures vs Change To Operating Activities
Capital Expenditures vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailun Jinyu Group Capital Expenditures account and Change To Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sailun Jinyu's Capital Expenditures and Change To Operating Activities is 0.69. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Sailun Jinyu Group, assuming nothing else is changed. The correlation between historical values of Sailun Jinyu's Capital Expenditures and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Sailun Jinyu Group are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Capital Expenditures i.e., Sailun Jinyu's Capital Expenditures and Change To Operating Activities go up and down completely randomly.
Capital Expenditures are funds used by Sailun Jinyu Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sailun Jinyu operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Operating Activities
Most indicators from Sailun Jinyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailun Jinyu Group 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 Sailun Jinyu Group. 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.
Balance Sheet is a snapshot of the financial position of Sailun Jinyu Group at a specified time, usually calculated after every quarter, six months, or one year. Sailun Jinyu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sailun Jinyu 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 Sailun currently owns. An asset can also be divided into two categories, current and non-current.