| 002185 Stock | | | 11.84 0.14 1.20% |
Tianshui Huatian financial indicator trend analysis is much more than just breaking down Tianshui Huatian Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshui Huatian Tec is a good investment. Please check the relationship between Tianshui Huatian Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshui Huatian Technology. 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.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianshui Huatian Tec Cash And Short Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianshui Huatian's Cash And Short Term Investments and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Tianshui Huatian Technology, assuming nothing else is changed. The correlation between historical values of Tianshui Huatian's Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Tianshui Huatian Technology are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Tianshui Huatian's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tianshui Huatian Tec balance sheet. This account contains Tianshui Huatian investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tianshui Huatian Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Tianshui Huatian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshui Huatian Tec 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 Tianshui Huatian Technology. 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
Selling General Administrative is expected to grow to about 175.8
M, whereas
Tax Provision is projected to grow to (45.1
M).
Tianshui Huatian fundamental ratios Correlations
Click cells to compare fundamentals
Tianshui Huatian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianshui Huatian fundamental ratios Accounts
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Other Information on Investing in Tianshui Stock
Balance Sheet is a snapshot of the
financial position of Tianshui Huatian Tec at a specified time, usually calculated after every quarter, six months, or one year. Tianshui Huatian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianshui Huatian 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 Tianshui currently owns. An asset can also be divided into two categories, current and non-current.