Chongqing Rural financial indicator trend analysis is way more than just evaluating Chongqing Rural Comm prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Rural Comm is a good investment. Please check the relationship between Chongqing Rural Net Invested Capital and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Rural Commercial. 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.
Net Invested Capital vs Good Will
Net Invested Capital vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Rural Comm Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chongqing Rural's Net Invested Capital and Good Will is -0.35. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Chongqing Rural Commercial, assuming nothing else is changed. The correlation between historical values of Chongqing Rural's Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Chongqing Rural Commercial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Chongqing Rural's Net Invested Capital and Good Will go up and down completely randomly.
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Chongqing Rural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Rural Comm 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 Chongqing Rural Commercial. 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 Chongqing Rural Comm at a specified time, usually calculated after every quarter, six months, or one year. Chongqing Rural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chongqing Rural 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 Chongqing currently owns. An asset can also be divided into two categories, current and non-current.