002146 Stock | | | 1.79 0.01 0.56% |
Risesun Real financial indicator trend analysis is much more than just breaking down Risesun Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Risesun Real Estate is a good investment. Please check the relationship between Risesun Real Long Term Debt and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Risesun Real Estate. 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.
Long Term Debt vs Total Current Assets
Long Term Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Risesun Real Estate Long Term Debt account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Risesun Real's Long Term Debt and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Risesun Real Estate, assuming nothing else is changed. The correlation between historical values of Risesun Real's Long Term Debt 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 Long Term Debt of Risesun Real Estate 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 Long Term Debt i.e., Risesun Real's Long Term Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Risesun Real Estate has held for over one year. Long-term debt appears on Risesun Real Estate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Risesun Real Estate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Risesun Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Risesun Real Estate 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 Risesun Real Estate. 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.
The current year's
Tax Provision is expected to grow to about 1.5
B, whereas
Selling General Administrative is forecasted to decline to about 539
M.
Risesun Real fundamental ratios Correlations
Click cells to compare fundamentals
Risesun Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Risesun Real fundamental ratios Accounts
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Other Information on Investing in Risesun Stock
Balance Sheet is a snapshot of the
financial position of Risesun Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Risesun Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Risesun Real 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 Risesun currently owns. An asset can also be divided into two categories, current and non-current.