Shaanxi Dividends Paid vs Change In Working Capital Analysis
601568 Stock | 4.48 0.04 0.88% |
Shaanxi Beiyuan financial indicator trend analysis is much more than just breaking down Shaanxi Beiyuan Chemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Beiyuan Chemical is a good investment. Please check the relationship between Shaanxi Beiyuan Dividends Paid and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Beiyuan Chemical. 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.
Dividends Paid vs Change In Working Capital
Dividends Paid vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Beiyuan Chemical Dividends Paid account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shaanxi Beiyuan's Dividends Paid and Change In Working Capital is -0.09. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Shaanxi Beiyuan Chemical, assuming nothing else is changed. The correlation between historical values of Shaanxi Beiyuan's Dividends Paid and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Shaanxi Beiyuan Chemical are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Dividends Paid i.e., Shaanxi Beiyuan's Dividends Paid and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Shaanxi Beiyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan Chemical. 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 4, 2024, Tax Provision is expected to decline to about 49.9 M. In addition to that, Selling General Administrative is expected to decline to about 311.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 533.6K | 116.5K | 922.2K | 876.1K | Interest Income | 170.7M | 222.3M | 183.1M | 135.3M |
Shaanxi Beiyuan fundamental ratios Correlations
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Shaanxi Beiyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Shaanxi Stock
Balance Sheet is a snapshot of the financial position of Shaanxi Beiyuan Chemical at a specified time, usually calculated after every quarter, six months, or one year. Shaanxi Beiyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shaanxi Beiyuan 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 Shaanxi currently owns. An asset can also be divided into two categories, current and non-current.