000637 Stock | | | 4.25 0.12 2.75% |
Maoming Petro financial indicator trend analysis is infinitely more than just investigating Maoming Petro Chemical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maoming Petro Chemical is a good investment. Please check the relationship between Maoming Petro Other Non Cash Items and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Maoming Petro Chemical Shihua. 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.
Other Non Cash Items vs Investments
Other Non Cash Items vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maoming Petro Chemical Other Non Cash Items account and
Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Maoming Petro's Other Non Cash Items and Investments is -0.85. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Investments in the same time period over historical financial statements of Maoming Petro Chemical Shihua, assuming nothing else is changed. The correlation between historical values of Maoming Petro's Other Non Cash Items and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Maoming Petro Chemical Shihua are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Other Non Cash Items i.e., Maoming Petro's Other Non Cash Items and Investments go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Non Cash Items
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Maoming Petro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maoming Petro Chemical 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 Maoming Petro Chemical Shihua. 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 14, 2024,
Selling General Administrative is expected to decline to about 97.8
M. The current year's
Tax Provision is expected to grow to about (5.6
M)
Maoming Petro fundamental ratios Correlations
Click cells to compare fundamentals
Maoming Petro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maoming Petro fundamental ratios Accounts
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Other Information on Investing in Maoming Stock
Balance Sheet is a snapshot of the
financial position of Maoming Petro Chemical at a specified time, usually calculated after every quarter, six months, or one year. Maoming Petro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maoming Petro 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 Maoming currently owns. An asset can also be divided into two categories, current and non-current.