688819 Stock | | | 27.66 0.32 1.14% |
Tianneng Battery financial indicator trend analysis is much more than just breaking down Tianneng Battery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianneng Battery is a good investment. Please check the relationship between Tianneng Battery Dividends Paid and its Change In Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianneng Battery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Dividends Paid vs Change In Cash
Dividends Paid vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianneng Battery Dividends Paid account and
Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tianneng Battery's Dividends Paid and Change In Cash is -0.4. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Tianneng Battery Group, assuming nothing else is changed. The correlation between historical values of Tianneng Battery's Dividends Paid and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Tianneng Battery Group are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Dividends Paid i.e., Tianneng Battery's Dividends Paid and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change In Cash
Most indicators from Tianneng Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianneng Battery 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 Tianneng Battery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 1.6
B, whereas
Tax Provision is forecasted to decline to about 475.2
M.
Tianneng Battery fundamental ratios Correlations
Click cells to compare fundamentals
Tianneng Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianneng Battery fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianneng Stock
Balance Sheet is a snapshot of the
financial position of Tianneng Battery at a specified time, usually calculated after every quarter, six months, or one year. Tianneng Battery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianneng Battery 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 Tianneng currently owns. An asset can also be divided into two categories, current and non-current.