002333 Stock | | | 5.83 0.03 0.52% |
ZYF Lopsking financial indicator trend analysis is more than just analyzing ZYF Lopsking Aluminum current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZYF Lopsking Aluminum is a good investment. Please check the relationship between ZYF Lopsking Common Stock Shares Outstanding and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ZYF Lopsking Aluminum. 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.
Common Stock Shares Outstanding vs Other Liab
Common Stock Shares Outstanding vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZYF Lopsking Aluminum Common Stock Shares Outstanding account and
Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ZYF Lopsking's Common Stock Shares Outstanding and Other Liab is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Liab in the same time period over historical financial statements of ZYF Lopsking Aluminum, assuming nothing else is changed. The correlation between historical values of ZYF Lopsking's Common Stock Shares Outstanding and Other 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 Common Stock Shares Outstanding of ZYF Lopsking Aluminum are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Common Stock Shares Outstanding i.e., ZYF Lopsking's Common Stock Shares Outstanding and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Other Liab
Most indicators from ZYF Lopsking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZYF Lopsking Aluminum 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 ZYF Lopsking Aluminum. 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 6.8
M, whereas
Selling General Administrative is forecasted to decline to about 27.6
M.
ZYF Lopsking fundamental ratios Correlations
Click cells to compare fundamentals
ZYF Lopsking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZYF Lopsking fundamental ratios Accounts
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Other Information on Investing in ZYF Stock
Balance Sheet is a snapshot of the
financial position of ZYF Lopsking Aluminum at a specified time, usually calculated after every quarter, six months, or one year. ZYF Lopsking Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZYF Lopsking 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 ZYF currently owns. An asset can also be divided into two categories, current and non-current.