| 601958 Stock | | | 10.21 0.17 1.69% |
Jinduicheng Molybdenum financial indicator trend analysis is infinitely more than just investigating Jinduicheng Molybdenum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinduicheng Molybdenum is a good investment. Please check the relationship between Jinduicheng Molybdenum Total Assets and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinduicheng Molybdenum Co. 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.
Total Assets vs Short Long Term Debt
Total Assets vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jinduicheng Molybdenum Total Assets account and
Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jinduicheng Molybdenum's Total Assets and Short Long Term Debt is -0.35. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Jinduicheng Molybdenum Co, assuming nothing else is changed. The correlation between historical values of Jinduicheng Molybdenum's Total Assets 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 Total Assets of Jinduicheng Molybdenum Co 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 Total Assets i.e., Jinduicheng Molybdenum's Total Assets and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Jinduicheng Molybdenum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jinduicheng Molybdenum books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Jinduicheng Molybdenum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinduicheng Molybdenum 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 Jinduicheng Molybdenum Co. 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.
The current year's
Tax Provision is expected to grow to about 741.4
M, whereas
Selling General Administrative is forecasted to decline to about 99.4
M.
Jinduicheng Molybdenum fundamental ratios Correlations
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Jinduicheng Molybdenum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jinduicheng Molybdenum fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jinduicheng Stock
Balance Sheet is a snapshot of the
financial position of Jinduicheng Molybdenum at a specified time, usually calculated after every quarter, six months, or one year. Jinduicheng Molybdenum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinduicheng Molybdenum 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 Jinduicheng currently owns. An asset can also be divided into two categories, current and non-current.