| 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 Other Current Assets and its Retained Earnings 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.
Other Current Assets vs Retained Earnings
Other Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianshui Huatian Tec Other Current Assets account and
Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tianshui Huatian's Other Current Assets and Retained Earnings is 0.35. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Tianshui Huatian Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Tianshui Huatian's Other Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.