000630 Stock | | | 3.50 0.01 0.29% |
Tongling Nonferrous financial indicator trend analysis is much more than just breaking down Tongling Nonferrous prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tongling Nonferrous is a good investment. Please check the relationship between Tongling Nonferrous Change To Operating Activities and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tongling Nonferrous Metals. 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.
Change To Operating Activities vs Dividends Paid
Change To Operating Activities vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tongling Nonferrous Change To Operating Activities account and
Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tongling Nonferrous' Change To Operating Activities and Dividends Paid is -0.35. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Tongling Nonferrous Metals, assuming nothing else is changed. The correlation between historical values of Tongling Nonferrous' Change To Operating Activities and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Tongling Nonferrous Metals are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Operating Activities i.e., Tongling Nonferrous' Change To Operating Activities and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Operating Activities
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Tongling Nonferrous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tongling Nonferrous 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 Tongling Nonferrous Metals. 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.
The current year's
Selling General Administrative is expected to grow to about 592.6
M. The current year's
Tax Provision is expected to grow to about 1.7
BTongling Nonferrous fundamental ratios Correlations
Click cells to compare fundamentals
Tongling Nonferrous Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tongling Nonferrous fundamental ratios Accounts
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Other Information on Investing in Tongling Stock
Balance Sheet is a snapshot of the
financial position of Tongling Nonferrous at a specified time, usually calculated after every quarter, six months, or one year. Tongling Nonferrous Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tongling Nonferrous 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 Tongling currently owns. An asset can also be divided into two categories, current and non-current.