| 688039 Stock | | | 24.19 0.50 2.03% |
Hangzhou Arcvideo financial indicator trend analysis is much more than just examining Hangzhou Arcvideo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Arcvideo is a good investment. Please check the relationship between Hangzhou Arcvideo Total Current Liabilities and its Capital Lease Obligations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Arcvideo Technology. 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 Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hangzhou Arcvideo Total Current Liabilities account and
Capital Lease Obligations. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hangzhou Arcvideo's Total Current Liabilities and Capital Lease Obligations is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Hangzhou Arcvideo Technology, assuming nothing else is changed. The correlation between historical values of Hangzhou Arcvideo's Total Current Liabilities and Capital Lease Obligations 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 Current Liabilities of Hangzhou Arcvideo Technology are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Hangzhou Arcvideo's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Hangzhou Arcvideo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hangzhou Arcvideo Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Capital Lease Obligations
Hangzhou Arcvideo capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Hangzhou Arcvideo asset purchases. For example, Hangzhou Arcvideo can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Hangzhou Arcvideo control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Hangzhou Arcvideo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Arcvideo 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 Hangzhou Arcvideo Technology. 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
Tax Provision is expected to grow to about (20
M). In addition to that,
Selling General Administrative is expected to decline to about 40.9
MHangzhou Arcvideo fundamental ratios Correlations
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Hangzhou Arcvideo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hangzhou Arcvideo fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hangzhou Stock
Balance Sheet is a snapshot of the
financial position of Hangzhou Arcvideo at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Arcvideo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Arcvideo 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 Hangzhou currently owns. An asset can also be divided into two categories, current and non-current.