603688 Stock | | | 29.08 0.41 1.39% |
Jiangsu Pacific financial indicator trend analysis is infinitely more than just investigating Jiangsu Pacific Quartz recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Pacific Quartz is a good investment. Please check the relationship between Jiangsu Pacific Non Currrent Assets Other and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Pacific Quartz. 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.
Non Currrent Assets Other vs Long Term Investments
Non Currrent Assets Other vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Pacific Quartz Non Currrent Assets Other account and
Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jiangsu Pacific's Non Currrent Assets Other and Long Term Investments is 0.36. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Jiangsu Pacific Quartz, assuming nothing else is changed. The correlation between historical values of Jiangsu Pacific's Non Currrent Assets Other and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Jiangsu Pacific Quartz are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Jiangsu Pacific's Non Currrent Assets Other and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Long Term Investments
Long Term Investments is an item on the asset side of Jiangsu Pacific balance sheet that represents investments Jiangsu Pacific Quartz intends to hold for over a year. Jiangsu Pacific Quartz long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Jiangsu Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Pacific Quartz 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 Jiangsu Pacific Quartz. 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 913.3
M, whereas
Selling General Administrative is forecasted to decline to about 35.5
M.
Jiangsu Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Pacific fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Pacific Quartz at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Pacific 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.