002322 Stock | | | 13.13 0.27 2.01% |
Ningbo Ligong financial indicator trend analysis is infinitely more than just investigating Ningbo Ligong Online recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Ligong Online is a good investment. Please check the relationship between Ningbo Ligong Non Current Liabilities Other and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Ligong Online. 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.
Non Current Liabilities Other vs Deferred Long Term Liab
Non Current Liabilities Other vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Ligong Online Non Current Liabilities Other account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ningbo Ligong's Non Current Liabilities Other and Deferred Long Term Liab is 0.31. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Ningbo Ligong Online, assuming nothing else is changed. The correlation between historical values of Ningbo Ligong's Non Current Liabilities Other and Deferred Long Term Liab 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 Ningbo Ligong Online are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Current Liabilities Other i.e., Ningbo Ligong's Non Current Liabilities Other and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Other
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Ningbo Ligong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Ligong Online 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 Ningbo Ligong Online. 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 109.5
M, whereas
Tax Provision is forecasted to decline to about 30
M.
Ningbo Ligong fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo Ligong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo Ligong fundamental ratios Accounts
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Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo Ligong Online at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Ligong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Ligong 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.