002516 Stock | | | 5.22 0.05 0.95% |
Kuangda Technology financial indicator trend analysis is infinitely more than just investigating Kuangda Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuangda Technology is a good investment. Please check the relationship between Kuangda Technology Total Assets and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kuangda Technology Group. 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.
Total Assets vs Short Long Term Debt
Total Assets vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kuangda Technology Total Assets account and
Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kuangda Technology's Total Assets and Short Long Term Debt is 0.33. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Kuangda Technology Group, assuming nothing else is changed. The correlation between historical values of Kuangda Technology's Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kuangda Technology Group are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Kuangda Technology's Total Assets and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Kuangda Technology 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 Kuangda Technology 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.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Kuangda Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuangda Technology 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 Kuangda Technology Group. 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.
At present, Kuangda Technology's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 43
M, whereas
Discontinued Operations is projected to grow to
(506.16).
Kuangda Technology fundamental ratios Correlations
Click cells to compare fundamentals
Kuangda Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kuangda Technology fundamental ratios Accounts
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Other Information on Investing in Kuangda Stock
Balance Sheet is a snapshot of the
financial position of Kuangda Technology at a specified time, usually calculated after every quarter, six months, or one year. Kuangda Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kuangda Technology 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 Kuangda currently owns. An asset can also be divided into two categories, current and non-current.