601995 Stock | | | 35.56 0.61 1.75% |
China International financial indicator trend analysis is way more than just evaluating China International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China International is a good investment. Please check the relationship between China International Capital Lease Obligations and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Capital. 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.
Capital Lease Obligations vs Common Stock Shares Outstanding
Capital Lease Obligations vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China International Capital Lease Obligations account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China International's Capital Lease Obligations and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of China International Capital, assuming nothing else is changed. The correlation between historical values of China International's Capital Lease Obligations and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of China International Capital are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Capital Lease Obligations i.e., China International's Capital Lease Obligations and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Lease Obligations
China International capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to China International asset purchases. For example, China International can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as China International control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from China International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China International 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 International Capital. 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 1, 2024,
Tax Provision is expected to decline to about 626.4
M. In addition to that,
Selling General Administrative is expected to decline to about 227.1
MChina International fundamental ratios Correlations
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China International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China International 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 International at a specified time, usually calculated after every quarter, six months, or one year. China International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China International 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.