002547 Stock | | | 4.76 0.13 2.66% |
SuZhou ChunXing financial indicator trend analysis is much more than just breaking down SuZhou ChunXing Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuZhou ChunXing Precision is a good investment. Please check the relationship between SuZhou ChunXing Non Currrent Assets Other and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in SuZhou ChunXing Precision. 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 Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SuZhou ChunXing Precision Non Currrent Assets Other account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between SuZhou ChunXing's Non Currrent Assets Other and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SuZhou ChunXing Precision, assuming nothing else is changed. The correlation between historical values of SuZhou ChunXing's Non Currrent Assets Other and Accounts Payable 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 Currrent Assets Other of SuZhou ChunXing Precision are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., SuZhou ChunXing's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Accounts Payable
An accounting item on the balance sheet that represents SuZhou ChunXing obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SuZhou ChunXing Precision are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from SuZhou ChunXing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuZhou ChunXing Precision 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 SuZhou ChunXing Precision. 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 55.8
M. The current year's
Tax Provision is expected to grow to about (34.9
M)
SuZhou ChunXing fundamental ratios Correlations
Click cells to compare fundamentals
SuZhou ChunXing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SuZhou ChunXing fundamental ratios Accounts
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Other Information on Investing in SuZhou Stock
Balance Sheet is a snapshot of the
financial position of SuZhou ChunXing Precision at a specified time, usually calculated after every quarter, six months, or one year. SuZhou ChunXing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SuZhou ChunXing 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 SuZhou currently owns. An asset can also be divided into two categories, current and non-current.