| 688733 Stock | | | 19.45 1.35 7.46% |
Anhui Estone financial indicator trend analysis is way more than just evaluating Anhui Estone Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Estone Materials is a good investment. Please check the relationship between Anhui Estone Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Estone Materials. 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.
Cash And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Estone Materials Cash And Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anhui Estone's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.89. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Anhui Estone Materials, assuming nothing else is changed. The correlation between historical values of Anhui Estone's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Anhui Estone Materials are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Anhui Estone's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Anhui Estone Materials balance sheet. This account contains Anhui Estone investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Anhui Estone Materials 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Anhui Estone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Estone Materials 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 Anhui Estone Materials. 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 43.3
M, whereas
Tax Provision is projected to grow to (5.8
M).
Anhui Estone fundamental ratios Correlations
Click cells to compare fundamentals
Anhui Estone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Estone fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Estone Materials at a specified time, usually calculated after every quarter, six months, or one year. Anhui Estone Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Estone 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.