000572 Stock | | | 4.50 0.06 1.35% |
Haima Automobile financial indicator trend analysis is much more than just examining Haima Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haima Automobile is a good investment. Please check the relationship between Haima Automobile Selling General Administrative and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Haima Automobile 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 nation.
Selling General Administrative vs Total Current Liabilities
Selling General Administrative vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Haima Automobile Selling General Administrative account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Haima Automobile's Selling General Administrative and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Haima Automobile Group, assuming nothing else is changed. The correlation between historical values of Haima Automobile's Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Haima Automobile Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Haima Automobile's Selling General Administrative and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Total Current Liabilities
Total Current Liabilities is an item on Haima Automobile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Haima Automobile Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Haima Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haima Automobile 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 Haima Automobile 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 nation.
As of December 1, 2024, Selling General Administrative is expected to decline to about 112.2
M. In addition to that,
Tax Provision is expected to decline to about 5.5
MHaima Automobile fundamental ratios Correlations
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Haima Automobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haima Automobile fundamental ratios Accounts
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Other Information on Investing in Haima Stock
Balance Sheet is a snapshot of the
financial position of Haima Automobile at a specified time, usually calculated after every quarter, six months, or one year. Haima Automobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Haima Automobile 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 Haima currently owns. An asset can also be divided into two categories, current and non-current.