605339 Stock | | | 19.24 0.43 2.19% |
Namchow Food financial indicator trend analysis is infinitely more than just investigating Namchow Food Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Namchow Food Group is a good investment. Please check the relationship between Namchow Food Common Stock Shares Outstanding and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Namchow Food Group. 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.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Namchow Food Group Common Stock Shares Outstanding account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Namchow Food's Common Stock Shares Outstanding and Retained Earnings is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Namchow Food Group, assuming nothing else is changed. The correlation between historical values of Namchow Food's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Namchow Food Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Namchow Food's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Namchow Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Namchow Food Group 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 Namchow Food Group. 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 368.5
M. The current year's
Tax Provision is expected to grow to about 50.8
MNamchow Food fundamental ratios Correlations
Click cells to compare fundamentals
Namchow Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Namchow Food fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Namchow Stock
Balance Sheet is a snapshot of the
financial position of Namchow Food Group at a specified time, usually calculated after every quarter, six months, or one year. Namchow Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Namchow Food 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 Namchow currently owns. An asset can also be divided into two categories, current and non-current.