000725 Stock | | | 4.38 0.02 0.45% |
BOE Technology financial indicator trend analysis is way more than just evaluating BOE Technology Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BOE Technology Group is a good investment. Please check the relationship between BOE Technology Total Current Assets and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BOE Technology 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.
Total Current Assets vs Property Plant Equipment
Total Current Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BOE Technology Group Total Current Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BOE Technology's Total Current Assets and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of BOE Technology Group, assuming nothing else is changed. The correlation between historical values of BOE Technology's Total Current Assets and Property Plant Equipment 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 Current Assets of BOE Technology Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., BOE Technology's Total Current Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Property Plant Equipment
Most indicators from BOE Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BOE Technology Group 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 BOE Technology 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.
The current year's
Tax Provision is expected to grow to about 1.9
B, whereas
Selling General Administrative is forecasted to decline to about 5.2
B.
BOE Technology fundamental ratios Correlations
Click cells to compare fundamentals
BOE Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BOE Technology fundamental ratios Accounts
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Other Information on Investing in BOE Stock
Balance Sheet is a snapshot of the
financial position of BOE Technology Group at a specified time, usually calculated after every quarter, six months, or one year. BOE Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BOE Technology 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 BOE currently owns. An asset can also be divided into two categories, current and non-current.