| 603659 Stock | | | 17.20 0.17 1.00% |
Shanghai Putailai financial indicator trend analysis is much more than just breaking down Shanghai Putailai New prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Putailai New is a good investment. Please check the relationship between Shanghai Putailai Deferred Long Term Liab and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Putailai New. 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.
Deferred Long Term Liab vs Cash
Deferred Long Term Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Putailai New Deferred Long Term Liab account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Putailai's Deferred Long Term Liab and Cash is 0.93. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Shanghai Putailai New, assuming nothing else is changed. The correlation between historical values of Shanghai Putailai's Deferred Long Term Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Shanghai Putailai New are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Deferred Long Term Liab i.e., Shanghai Putailai's Deferred Long Term Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Cash
Cash refers to the most liquid asset of Shanghai Putailai New, which is listed under current asset account on Shanghai Putailai New balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shanghai Putailai customers. The amounts must be unrestricted with restricted cash listed in a different Shanghai Putailai account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Shanghai Putailai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Putailai New 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 Shanghai Putailai New. 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 22, 2024,
Selling General Administrative is expected to decline to about 204.5
M. In addition to that,
Tax Provision is expected to decline to about 163.7
MShanghai Putailai fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Putailai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Putailai fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Putailai New at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Putailai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Putailai 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.