688670 Stock | | | 13.09 1.23 8.59% |
Jiangsu GDK financial indicator trend analysis is infinitely more than just investigating Jiangsu GDK Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu GDK Biotechnology is a good investment. Please check the relationship between Jiangsu GDK Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu GDK Biotechnology. 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 Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu GDK Biotechnology Common Stock Shares Outstanding account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu GDK's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Jiangsu GDK Biotechnology, assuming nothing else is changed. The correlation between historical values of Jiangsu GDK's Common Stock Shares Outstanding and Cash And Short Term Investments 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 Jiangsu GDK Biotechnology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Jiangsu GDK's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.87 |
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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Jiangsu GDK Biotechnology balance sheet. This account contains Jiangsu GDK investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Jiangsu GDK Biotechnology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Jiangsu GDK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu GDK Biotechnology 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 GDK Biotechnology. 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 95.1
M, whereas
Tax Provision is projected to grow to (14.8
M).
Jiangsu GDK fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu GDK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu GDK 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 GDK Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu GDK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu GDK 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.