688303 Stock | | | 25.13 0.22 0.87% |
Xinjiang Daqo financial indicator trend analysis is more than just analyzing Xinjiang Daqo New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Daqo New is a good investment. Please check the relationship between Xinjiang Daqo Total Liab and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Daqo New. 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.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xinjiang Daqo New Total Liab account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xinjiang Daqo's Total Liab and Retained Earnings is 0.8. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Xinjiang Daqo New, assuming nothing else is changed. The correlation between historical values of Xinjiang Daqo's Total Liab 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 Total Liab of Xinjiang Daqo New 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 Total Liab i.e., Xinjiang Daqo's Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Xinjiang Daqo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Daqo New 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 Xinjiang Daqo New. 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
Tax Provision is expected to grow to about 1.3
B, whereas
Selling General Administrative is forecasted to decline to about 82.7
M.
Xinjiang Daqo fundamental ratios Correlations
Click cells to compare fundamentals
Xinjiang Daqo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xinjiang Daqo fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Xinjiang Stock
Balance Sheet is a snapshot of the
financial position of Xinjiang Daqo New at a specified time, usually calculated after every quarter, six months, or one year. Xinjiang Daqo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xinjiang Daqo 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 Xinjiang currently owns. An asset can also be divided into two categories, current and non-current.