000885 Stock | | | 13.40 0.18 1.36% |
City Development financial indicator trend analysis is way more than just evaluating City Development Env prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether City Development Env is a good investment. Please check the relationship between City Development Total Current Liabilities and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in City Development Environment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Total Current Liabilities vs Property Plant Equipment
Total Current Liabilities vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
City Development Env Total Current Liabilities account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between City Development's Total Current Liabilities and Property Plant Equipment is 0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of City Development Environment, assuming nothing else is changed. The correlation between historical values of City Development's Total Current Liabilities 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 Liabilities of City Development Environment 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 Liabilities i.e., City Development's Total Current Liabilities and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on City Development balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of City Development Environment 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.
Property Plant Equipment
Most indicators from City Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into City Development Env 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 City Development Environment. 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 28, 2024,
Selling General Administrative is expected to decline to about 110.2
M. In addition to that,
Discontinued Operations is expected to decline to about 128.9
MCity Development fundamental ratios Correlations
Click cells to compare fundamentals
City Development Account Relationship Matchups
High Positive Relationship
High Negative Relationship
City Development fundamental ratios Accounts
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Other Information on Investing in City Stock
Balance Sheet is a snapshot of the
financial position of City Development Env at a specified time, usually calculated after every quarter, six months, or one year. City Development Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of City Development 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 City currently owns. An asset can also be divided into two categories, current and non-current.