Shanghai Common Stock Shares Outstanding vs Net Invested Capital Analysis
688385 Stock | 39.80 0.25 0.63% |
Shanghai Fudan financial indicator trend analysis is much more than just breaking down Shanghai Fudan Micro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Fudan Micro is a good investment. Please check the relationship between Shanghai Fudan Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Fudan Microelectronics. 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.
Common Stock Shares Outstanding vs Net Invested Capital
Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Fudan Micro Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Fudan's Common Stock Shares Outstanding and Net Invested Capital is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Shanghai Fudan Microelectronics, assuming nothing else is changed. The correlation between historical values of Shanghai Fudan's Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Shanghai Fudan Microelectronics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Shanghai Fudan's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Shanghai Fudan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Fudan Micro 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 Shanghai Fudan Microelectronics. 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 5.4 M, whereas Selling General Administrative is forecasted to decline to about 103.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.5M | 4.4M | 28.0M | 29.4M | Interest Income | 8.4M | 14.8M | 15.5M | 11.7M |
Shanghai Fudan fundamental ratios Correlations
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Shanghai Fudan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the financial position of Shanghai Fudan Micro at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Fudan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Fudan 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.