| 688378 Stock | | | 21.83 0.19 0.86% |
Jilin OLED financial indicator trend analysis is infinitely more than just investigating Jilin OLED Material recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin OLED Material is a good investment. Please check the relationship between Jilin OLED Net Receivables and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin OLED Material. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jilin OLED Material Net Receivables account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jilin OLED's Net Receivables and Short Long Term Debt Total is -0.18. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Jilin OLED Material, assuming nothing else is changed. The correlation between historical values of Jilin OLED's Net Receivables and Short Long Term Debt 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 Net Receivables of Jilin OLED Material are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Receivables i.e., Jilin OLED's Net Receivables and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Jilin OLED's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin OLED Material 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 Jilin OLED Material. 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 45.7
M, whereas
Tax Provision is projected to grow to (12.8
K).
Balance Sheet is a snapshot of the
financial position of Jilin OLED Material at a specified time, usually calculated after every quarter, six months, or one year. Jilin OLED Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jilin OLED 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 Jilin currently owns. An asset can also be divided into two categories, current and non-current.