Shanghai Action financial indicator trend analysis is much more than just breaking down Shanghai Action Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Action Education is a good investment. Please check the relationship between Shanghai Action Free Cash Flow and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Action Education. 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.
Free Cash Flow vs Change To Inventory
Free Cash Flow vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Action Education Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanghai Action's Free Cash Flow and Change To Inventory is -0.28. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Shanghai Action Education, assuming nothing else is changed. The correlation between historical values of Shanghai Action's Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Shanghai Action Education are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Shanghai Action's Free Cash Flow and Change To Inventory go up and down completely randomly.
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Shanghai Action's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Action Education 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 Action Education. 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.
Balance Sheet is a snapshot of the financial position of Shanghai Action Education at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Action Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Action 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.