NIU Stock | | | USD 1.87 0.08 4.47% |
Niu Technologies financial indicator trend analysis is infinitely more than just investigating Niu Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Niu Technologies is a good investment. Please check the relationship between Niu Technologies Total Stockholder Equity and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Niu Stock please use our
How to Invest in Niu Technologies guide.
Total Stockholder Equity vs Total Assets
Total Stockholder Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Niu Technologies Total Stockholder Equity account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Niu Technologies' Total Stockholder Equity and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Niu Technologies, assuming nothing else is changed. The correlation between historical values of Niu Technologies' Total Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Niu Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Niu Technologies' Total Stockholder Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Assets
Total assets refers to the total amount of Niu Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Niu Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Niu Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Niu Technologies 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 Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Niu Stock please use our
How to Invest in Niu Technologies guide.At this time, Niu Technologies'
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 141.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Niu Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Niu Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Niu Technologies fundamental ratios Accounts
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Additional Tools for Niu Stock Analysis
When running Niu Technologies' price analysis, check to
measure Niu Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Niu Technologies is operating at the current time. Most of Niu Technologies' value examination focuses on studying past and present price action to
predict the probability of Niu Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niu Technologies' price. Additionally, you may evaluate how the addition of Niu Technologies to your portfolios can decrease your overall portfolio volatility.