Shaanxi Selling General Administrative vs Non Current Liabilities Total Analysis
001299 Stock | 12.21 0.36 2.86% |
Shaanxi Meineng financial indicator trend analysis is much more than just breaking down Shaanxi Meineng Clean prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Meineng Clean is a good investment. Please check the relationship between Shaanxi Meineng Selling General Administrative and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Meineng Clean. 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.
Selling General Administrative vs Non Current Liabilities Total
Selling General Administrative vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Meineng Clean Selling General Administrative account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shaanxi Meineng's Selling General Administrative and Non Current Liabilities Total is 0.77. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Shaanxi Meineng Clean, assuming nothing else is changed. The correlation between historical values of Shaanxi Meineng's Selling General Administrative and Non Current Liabilities 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 Selling General Administrative of Shaanxi Meineng Clean are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Selling General Administrative i.e., Shaanxi Meineng's Selling General Administrative and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Non Current Liabilities Total
Most indicators from Shaanxi Meineng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Meineng Clean 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 Shaanxi Meineng Clean. 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 26, 2024, Tax Provision is expected to decline to about 18.8 M. In addition to that, Selling General Administrative is expected to decline to about 15.8 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 5.5M | 7.8M | 9.0M | 5.2M | Tax Provision | 16.5M | 18.2M | 20.9M | 18.8M |
Shaanxi Meineng fundamental ratios Correlations
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Shaanxi Meineng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Shaanxi Meineng Clean at a specified time, usually calculated after every quarter, six months, or one year. Shaanxi Meineng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shaanxi Meineng 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 Shaanxi currently owns. An asset can also be divided into two categories, current and non-current.