Suzhou Investments vs Change In Working Capital Analysis
605089 Stock | 25.00 1.45 6.16% |
Suzhou Weizhixiang financial indicator trend analysis is much more than just breaking down Suzhou Weizhixiang Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Weizhixiang Food is a good investment. Please check the relationship between Suzhou Weizhixiang Investments and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Weizhixiang Food. 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.
Investments vs Change In Working Capital
Investments vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Weizhixiang Food Investments account and Change In Working Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Suzhou Weizhixiang's Investments and Change In Working Capital is 0.03. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Suzhou Weizhixiang Food, assuming nothing else is changed. The correlation between historical values of Suzhou Weizhixiang's Investments and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Suzhou Weizhixiang Food are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Investments i.e., Suzhou Weizhixiang's Investments and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Suzhou Weizhixiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Weizhixiang Food 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 Suzhou Weizhixiang Food. 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 1, 2024, Tax Provision is expected to decline to about 11.7 M. In addition to that, Selling General Administrative is expected to decline to about 48 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 14.3M | 16.5M | 22.3M | 12.7M | Tax Provision | 13.1M | 16.8M | 13.5M | 11.7M |
Suzhou Weizhixiang fundamental ratios Correlations
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Suzhou Weizhixiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the financial position of Suzhou Weizhixiang Food at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Weizhixiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Weizhixiang 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.