601881 Stock | | | 15.80 0.03 0.19% |
China Galaxy financial indicator trend analysis is way more than just evaluating China Galaxy Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Galaxy Securities is a good investment. Please check the relationship between China Galaxy Good Will and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Galaxy Securities. 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.
Good Will vs Short Long Term Debt
Good Will vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Galaxy Securities Good Will account and
Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Galaxy's Good Will and Short Long Term Debt is 0.79. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of China Galaxy Securities, assuming nothing else is changed. The correlation between historical values of China Galaxy's Good Will and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of China Galaxy Securities are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Good Will i.e., China Galaxy's Good Will and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from China Galaxy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Galaxy Securities 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 China Galaxy Securities. 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 26, 2024,
Selling General Administrative is expected to decline to about 1.2
B. In addition to that,
Tax Provision is expected to decline to about 237.2
MChina Galaxy fundamental ratios Correlations
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China Galaxy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Galaxy fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Galaxy Securities at a specified time, usually calculated after every quarter, six months, or one year. China Galaxy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Galaxy 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 China currently owns. An asset can also be divided into two categories, current and non-current.