| 002205 Stock | | | 10.50 0.96 8.38% |
XinJiang GuoTong financial indicator trend analysis is more than just analyzing XinJiang GuoTong Pipeline current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XinJiang GuoTong Pipeline is a good investment. Please check the relationship between XinJiang GuoTong Non Current Liabilities Other and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in XinJiang GuoTong Pipeline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Current Liabilities Other vs Total Assets
Non Current Liabilities Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
XinJiang GuoTong Pipeline Non Current Liabilities Other account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between XinJiang GuoTong's Non Current Liabilities Other and Total Assets is 0.83. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of XinJiang GuoTong Pipeline, assuming nothing else is changed. The correlation between historical values of XinJiang GuoTong's Non Current Liabilities Other and Total 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 Non Current Liabilities Other of XinJiang GuoTong Pipeline are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Other i.e., XinJiang GuoTong's Non Current Liabilities Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Current Liabilities Other
Total Assets
Total assets refers to the total amount of XinJiang GuoTong assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in XinJiang GuoTong Pipeline books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from XinJiang GuoTong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XinJiang GuoTong Pipeline 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 XinJiang GuoTong Pipeline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 23, 2024,
Selling General Administrative is expected to decline to about 74.6
M. In addition to that,
Tax Provision is expected to decline to about 994.4
KXinJiang GuoTong fundamental ratios Correlations
Click cells to compare fundamentals
XinJiang GuoTong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
XinJiang GuoTong fundamental ratios Accounts
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Other Information on Investing in XinJiang Stock
Balance Sheet is a snapshot of the
financial position of XinJiang GuoTong Pipeline at a specified time, usually calculated after every quarter, six months, or one year. XinJiang GuoTong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of XinJiang GuoTong 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 XinJiang currently owns. An asset can also be divided into two categories, current and non-current.