Guobo Intangible Assets vs Non Current Assets Total Analysis
| 688375 Stock | 47.49 0.79 1.69% |
Guobo Electronics financial indicator trend analysis is much more than just examining Guobo Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guobo Electronics is a good investment. Please check the relationship between Guobo Electronics Intangible Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guobo Electronics 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 nation.
Intangible Assets vs Non Current Assets Total
Intangible Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guobo Electronics Intangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guobo Electronics' Intangible Assets and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guobo Electronics Co, assuming nothing else is changed. The correlation between historical values of Guobo Electronics' Intangible Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guobo Electronics Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Intangible Assets i.e., Guobo Electronics' Intangible Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Guobo Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guobo Electronics 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 Guobo Electronics 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 nation. As of December 18, 2024, Tax Provision is expected to decline to about 34.6 M. In addition to that, Selling General Administrative is expected to decline to about 26.6 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 14.9M | 9.0M | 6.7M | 8.4M | Interest Income | 1.8M | 12.0M | 28.7M | 30.1M |
Guobo Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Guobo Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Guobo Stock
Balance Sheet is a snapshot of the financial position of Guobo Electronics at a specified time, usually calculated after every quarter, six months, or one year. Guobo Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guobo Electronics 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 Guobo currently owns. An asset can also be divided into two categories, current and non-current.