688580 Stock | | | 30.79 0.15 0.49% |
Nanjing Vishee financial indicator trend analysis is infinitely more than just investigating Nanjing Vishee Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Vishee Medical is a good investment. Please check the relationship between Nanjing Vishee Other Current Assets and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Vishee Medical. 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.
Other Current Assets vs Other Liab
Other Current Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nanjing Vishee Medical Other Current Assets account and
Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nanjing Vishee's Other Current Assets and Other Liab is -0.48. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Nanjing Vishee Medical, assuming nothing else is changed. The correlation between historical values of Nanjing Vishee's Other Current Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nanjing Vishee Medical are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Assets i.e., Nanjing Vishee's Other Current Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Other Liab
Most indicators from Nanjing Vishee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Vishee Medical 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 Nanjing Vishee Medical. 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 16
M, whereas
Selling General Administrative is forecasted to decline to about 96.7
M.
Nanjing Vishee fundamental ratios Correlations
Click cells to compare fundamentals
Nanjing Vishee Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nanjing Vishee fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nanjing Stock
Balance Sheet is a snapshot of the
financial position of Nanjing Vishee Medical at a specified time, usually calculated after every quarter, six months, or one year. Nanjing Vishee Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanjing Vishee 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 Nanjing currently owns. An asset can also be divided into two categories, current and non-current.