688008 Stock | | | 75.48 4.51 5.64% |
Montage Technology financial indicator trend analysis is infinitely more than just investigating Montage Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montage Technology is a good investment. Please check the relationship between Montage Technology Capital Stock and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Montage Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capital Stock vs Other Current Assets
Capital Stock vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Montage Technology Capital Stock account and
Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Montage Technology's Capital Stock and Other Current Assets is 0.75. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Montage Technology Co, assuming nothing else is changed. The correlation between historical values of Montage Technology's Capital Stock and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Montage Technology Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Capital Stock i.e., Montage Technology's Capital Stock and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Montage Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montage Technology 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 Montage Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Discontinued Operations is expected to grow to about 36.3
M, whereas
Tax Provision is forecasted to decline to about 20
M.
Montage Technology fundamental ratios Correlations
Click cells to compare fundamentals
Montage Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Montage Technology fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Montage Stock
Balance Sheet is a snapshot of the
financial position of Montage Technology at a specified time, usually calculated after every quarter, six months, or one year. Montage Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Montage Technology 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 Montage currently owns. An asset can also be divided into two categories, current and non-current.