688399 Stock | | | 73.00 0.17 0.23% |
Jiangsu Bioperfectus financial indicator trend analysis is infinitely more than just investigating Jiangsu Bioperfectus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Bioperfectus is a good investment. Please check the relationship between Jiangsu Bioperfectus Intangible Assets and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Bioperfectus Technologies. 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 Total Stockholder Equity
Intangible Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Bioperfectus Intangible Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Bioperfectus' Intangible Assets and Total Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Jiangsu Bioperfectus Technologies, assuming nothing else is changed. The correlation between historical values of Jiangsu Bioperfectus' Intangible Assets and Total Stockholder Equity 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 Jiangsu Bioperfectus Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Jiangsu Bioperfectus' Intangible Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.8 |
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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Jiangsu Bioperfectus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Bioperfectus 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 Jiangsu Bioperfectus Technologies. 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 (1.8
M). In addition to that,
Selling General Administrative is expected to decline to about 275.6
MJiangsu Bioperfectus fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Bioperfectus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Bioperfectus fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Bioperfectus at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Bioperfectus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Bioperfectus 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.