601238 Stock | | | 9.36 0.19 2.07% |
Guangzhou Automobile financial indicator trend analysis is much more than just examining Guangzhou Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Automobile is a good investment. Please check the relationship between Guangzhou Automobile Deferred Long Term Liab and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Automobile 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.
Deferred Long Term Liab vs Long Term Investments
Deferred Long Term Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Automobile Deferred Long Term Liab account and
Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangzhou Automobile's Deferred Long Term Liab and Long Term Investments is 0.9. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Guangzhou Automobile Group, assuming nothing else is changed. The correlation between historical values of Guangzhou Automobile's Deferred Long Term Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Guangzhou Automobile Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Guangzhou Automobile's Deferred Long Term Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Long Term Investments
Long Term Investments is an item on the asset side of Guangzhou Automobile balance sheet that represents investments Guangzhou Automobile intends to hold for over a year. Guangzhou Automobile Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Guangzhou Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Automobile 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 Guangzhou Automobile 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 4.8
B. The current year's
Tax Provision is expected to grow to about (204.7
M)
Guangzhou Automobile fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Automobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Automobile fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Automobile at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Automobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Automobile 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.