001217 Stock | | | 11.08 0.21 1.93% |
Anhui Huaertai financial indicator trend analysis is way more than just evaluating Anhui Huaertai Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huaertai Chemical is a good investment. Please check the relationship between Anhui Huaertai Total Current Liabilities and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaertai Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Liabilities vs Short Long Term Debt Total
Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Huaertai Chemical Total Current Liabilities account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Anhui Huaertai's Total Current Liabilities and Short Long Term Debt Total is -0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Anhui Huaertai Chemical, assuming nothing else is changed. The correlation between historical values of Anhui Huaertai's Total Current Liabilities and Short Long Term Debt Total 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 Anhui Huaertai Chemical are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Anhui Huaertai's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Anhui Huaertai balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Anhui Huaertai Chemical 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.
Short Long Term Debt Total
Most indicators from Anhui Huaertai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huaertai 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 Anhui Huaertai Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Tax Provision is expected to grow to about 37.4
M, whereas
Selling General Administrative is forecasted to decline to about 19.5
M.
Anhui Huaertai fundamental ratios Correlations
Click cells to compare fundamentals
Anhui Huaertai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Huaertai fundamental ratios Accounts
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Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Huaertai Chemical at a specified time, usually calculated after every quarter, six months, or one year. Anhui Huaertai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Huaertai 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.