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 Revenue and its Total Current Assets 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 Revenue vs Total Current Assets
Total Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
City Development Env Total Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between City Development's Total Revenue and Total Current Assets is 0.76. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Revenue and Total Current Assets 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 Revenue of City Development Environment are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., City Development's Total Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts City Development Env generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
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
M | 2021 | 2022 | 2023 | 2024 (projected) |
Cost Of Revenue | 3.7B | 3.8B | 3.9B | 4.1B | Total Revenue | 5.6B | 6.4B | 6.5B | 6.8B |
City 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.