603277 Stock | | | 24.45 0.29 1.20% |
Yindu Kitchen financial indicator trend analysis is more than just analyzing Yindu Kitchen Equipment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yindu Kitchen Equipment is a good investment. Please check the relationship between Yindu Kitchen Short Term Investments and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yindu Kitchen Equipment. 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 Non Current Assets Total
Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yindu Kitchen Equipment Short Term Investments account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yindu Kitchen's Short Term Investments and Non Current Assets Total is -0.17. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Yindu Kitchen Equipment, assuming nothing else is changed. The correlation between historical values of Yindu Kitchen's Short Term Investments and Non Current Assets Total 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 Yindu Kitchen Equipment are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Investments i.e., Yindu Kitchen's Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Yindu Kitchen balance sheet. It contains any investments Yindu Kitchen Equipment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Yindu Kitchen Equipment can easily liquidate in the marketplace.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Yindu Kitchen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yindu Kitchen Equipment 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 Yindu Kitchen Equipment. 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 12, 2024,
Selling General Administrative is expected to decline to about 256.2
M. In addition to that,
Tax Provision is expected to decline to about 63.9
MYindu Kitchen fundamental ratios Correlations
Click cells to compare fundamentals
Yindu Kitchen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yindu Kitchen fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yindu Stock
Balance Sheet is a snapshot of the
financial position of Yindu Kitchen Equipment at a specified time, usually calculated after every quarter, six months, or one year. Yindu Kitchen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yindu Kitchen 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 Yindu currently owns. An asset can also be divided into two categories, current and non-current.