601717 Stock | | | 13.07 0.09 0.69% |
Zhengzhou Coal financial indicator trend analysis is more than just analyzing Zhengzhou Coal Mining current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhengzhou Coal Mining is a good investment. Please check the relationship between Zhengzhou Coal Change To Operating Activities and its Change To Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhengzhou Coal Mining. 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.
Change To Operating Activities vs Change To Inventory
Change To Operating Activities vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhengzhou Coal Mining Change To Operating Activities account and
Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhengzhou Coal's Change To Operating Activities and Change To Inventory is -0.87. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Zhengzhou Coal Mining, assuming nothing else is changed. The correlation between historical values of Zhengzhou Coal's Change To Operating Activities and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Zhengzhou Coal Mining are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Operating Activities i.e., Zhengzhou Coal's Change To Operating Activities and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Change To Operating Activities
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Zhengzhou Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhengzhou Coal Mining 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 Zhengzhou Coal Mining. 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 11, 2024,
Selling General Administrative is expected to decline to about 973
M. In addition to that,
Tax Provision is expected to decline to about 414.8
MZhengzhou Coal fundamental ratios Correlations
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Zhengzhou Coal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhengzhou Coal fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Zhengzhou Stock
Balance Sheet is a snapshot of the
financial position of Zhengzhou Coal Mining at a specified time, usually calculated after every quarter, six months, or one year. Zhengzhou Coal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhengzhou Coal 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 Zhengzhou currently owns. An asset can also be divided into two categories, current and non-current.