002034 Stock | | | 15.66 0.30 1.88% |
Wangneng Environment financial indicator trend analysis is more than just analyzing Wangneng Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangneng Environment is a good investment. Please check the relationship between Wangneng Environment Total Liab and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangneng Environment Co. 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 Liab vs Short Term Investments
Total Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wangneng Environment Total Liab account and
Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wangneng Environment's Total Liab and Short Term Investments is -0.41. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Wangneng Environment Co, assuming nothing else is changed. The correlation between historical values of Wangneng Environment's Total Liab and Short Term Investments 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 Liab of Wangneng Environment Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Liab i.e., Wangneng Environment's Total Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Short Term Investments
Short Term Investments is an item under the current assets section of Wangneng Environment balance sheet. It contains any investments Wangneng Environment Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Wangneng Environment can easily liquidate in the marketplace.
Most indicators from Wangneng Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wangneng Environment 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 Wangneng Environment Co. 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 15, 2024,
Selling General Administrative is expected to decline to about 56
M. In addition to that,
Discontinued Operations is expected to decline to about 3
MWangneng Environment fundamental ratios Correlations
Click cells to compare fundamentals
Wangneng Environment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wangneng Environment fundamental ratios Accounts
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Other Information on Investing in Wangneng Stock
Balance Sheet is a snapshot of the
financial position of Wangneng Environment at a specified time, usually calculated after every quarter, six months, or one year. Wangneng Environment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wangneng Environment 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 Wangneng currently owns. An asset can also be divided into two categories, current and non-current.