603027 Stock | | | 12.81 0.03 0.23% |
Qianhe CondimentFood financial indicator trend analysis is much more than just breaking down Qianhe CondimentFood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qianhe CondimentFood is a good investment. Please check the relationship between Qianhe CondimentFood Short Term Investments and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qianhe CondimentFood 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.
Short Term Investments vs Common Stock Shares Outstanding
Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qianhe CondimentFood Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Qianhe CondimentFood's Short Term Investments and Common Stock Shares Outstanding is -0.05. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Qianhe CondimentFood Co, assuming nothing else is changed. The correlation between historical values of Qianhe CondimentFood's Short Term Investments 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 Short Term Investments of Qianhe CondimentFood Co 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 Short Term Investments i.e., Qianhe CondimentFood's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Qianhe CondimentFood balance sheet. It contains any investments Qianhe CondimentFood Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Qianhe CondimentFood can easily liquidate in the marketplace.
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 Qianhe CondimentFood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qianhe CondimentFood 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 Qianhe CondimentFood 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.
As of December 26, 2024,
Selling General Administrative is expected to decline to about 251.5
M. In addition to that,
Tax Provision is expected to decline to about 51.5
MQianhe CondimentFood fundamental ratios Correlations
Click cells to compare fundamentals
Qianhe CondimentFood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qianhe CondimentFood fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Qianhe Stock
Balance Sheet is a snapshot of the
financial position of Qianhe CondimentFood at a specified time, usually calculated after every quarter, six months, or one year. Qianhe CondimentFood Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qianhe CondimentFood 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 Qianhe currently owns. An asset can also be divided into two categories, current and non-current.