000042 Stock | | | 5.32 0.13 2.50% |
Shenzhen Centralcon financial indicator trend analysis is much more than just breaking down Shenzhen Centralcon prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Centralcon is a good investment. Please check the relationship between Shenzhen Centralcon Cash and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Centralcon Investment. 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 vs Deferred Long Term Liab
Cash vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Centralcon Cash account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shenzhen Centralcon's Cash and Deferred Long Term Liab is -0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Shenzhen Centralcon Investment, assuming nothing else is changed. The correlation between historical values of Shenzhen Centralcon's Cash and Deferred Long Term Liab 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 of Shenzhen Centralcon Investment are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Cash i.e., Shenzhen Centralcon's Cash and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Shenzhen Centralcon, which is listed under current asset account on Shenzhen Centralcon Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen Centralcon customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen Centralcon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Shenzhen Centralcon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Centralcon 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 Shenzhen Centralcon Investment. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 327.5
M. In addition to that,
Tax Provision is expected to decline to about 454
MShenzhen Centralcon fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Centralcon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Centralcon fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Centralcon at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Centralcon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Centralcon 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.