603893 Stock | | | 85.40 0.87 1.03% |
Fuzhou Rockchip financial indicator trend analysis is much more than just examining Fuzhou Rockchip Elec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fuzhou Rockchip Elec is a good investment. Please check the relationship between Fuzhou Rockchip Total Assets and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fuzhou Rockchip Electronics. 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.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fuzhou Rockchip Elec Total Assets account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fuzhou Rockchip's Total Assets and Common Stock is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Fuzhou Rockchip Electronics, assuming nothing else is changed. The correlation between historical values of Fuzhou Rockchip's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Fuzhou Rockchip Electronics are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Fuzhou Rockchip's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Fuzhou Rockchip assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fuzhou Rockchip Elec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Common Stock
Most indicators from Fuzhou Rockchip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fuzhou Rockchip Elec 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 Fuzhou Rockchip Electronics. 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
Selling General Administrative is expected to grow to about 71.4
M, whereas
Tax Provision is projected to grow to (50
M).
Fuzhou Rockchip fundamental ratios Correlations
Click cells to compare fundamentals
Fuzhou Rockchip Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fuzhou Rockchip fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fuzhou Stock
Balance Sheet is a snapshot of the
financial position of Fuzhou Rockchip Elec at a specified time, usually calculated after every quarter, six months, or one year. Fuzhou Rockchip Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fuzhou Rockchip 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 Fuzhou currently owns. An asset can also be divided into two categories, current and non-current.