KINGFA Stock | | | 2,977 98.95 3.44% |
Kingfa Science financial indicator trend analysis is infinitely more than just investigating Kingfa Science Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingfa Science Technology is a good investment. Please check the relationship between Kingfa Science Property Plant And Equipment Net and its Common Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingfa Science Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Property Plant And Equipment Net vs Common Stock
Property Plant And Equipment Net vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingfa Science Technology Property Plant And Equipment Net account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kingfa Science's Property Plant And Equipment Net and Common Stock is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock in the same time period over historical financial statements of Kingfa Science Technology, assuming nothing else is changed. The correlation between historical values of Kingfa Science's Property Plant And Equipment Net and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Kingfa Science Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant And Equipment Net i.e., Kingfa Science's Property Plant And Equipment Net and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Common Stock
Most indicators from Kingfa Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingfa Science Technology 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingfa Science Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
The current year's
Tax Provision is expected to grow to about 437.6
M, whereas
Selling General Administrative is forecasted to decline to about 130.4
M.
Kingfa Science fundamental ratios Correlations
Click cells to compare fundamentals
Kingfa Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingfa Science fundamental ratios Accounts
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Other Information on Investing in Kingfa Stock
Balance Sheet is a snapshot of the
financial position of Kingfa Science Technology at a specified time, usually calculated after every quarter, six months, or one year. Kingfa Science Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingfa Science 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 Kingfa currently owns. An asset can also be divided into two categories, current and non-current.