| 601816 Stock | | | 5.54 0.06 1.07% |
Beijing-Shanghai financial indicator trend analysis is way more than just evaluating Beijing Shanghai High prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shanghai High is a good investment. Please check the relationship between Beijing-Shanghai Non Current Liabilities Total and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shanghai High Speed. 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.
Non Current Liabilities Total vs Net Invested Capital
Non Current Liabilities Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Shanghai High Non Current Liabilities Total account and
Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beijing-Shanghai's Non Current Liabilities Total and Net Invested Capital is 0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Beijing Shanghai High Speed, assuming nothing else is changed. The correlation between historical values of Beijing-Shanghai's Non Current Liabilities Total and Net Invested 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 Non Current Liabilities Total of Beijing Shanghai High Speed are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Current Liabilities Total i.e., Beijing-Shanghai's Non Current Liabilities Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Liabilities Total
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Beijing-Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shanghai High 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 Beijing Shanghai High Speed. 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.
The current year's
Selling General Administrative is expected to grow to about 28.2
M, whereas
Tax Provision is forecasted to decline to about 2.1
B.
Beijing-Shanghai fundamental ratios Correlations
Click cells to compare fundamentals
Beijing-Shanghai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing-Shanghai fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing-Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Beijing Shanghai High at a specified time, usually calculated after every quarter, six months, or one year. Beijing-Shanghai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing-Shanghai 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 Beijing-Shanghai currently owns. An asset can also be divided into two categories, current and non-current.