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 Other Current Assets and its Cash 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.
Other Current Assets vs Cash
Other Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SuZhou ChunXing Precision Other Current Assets account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SuZhou ChunXing's Other Current Assets and Cash is 0.57. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash 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 Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of SuZhou ChunXing Precision are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., SuZhou ChunXing's Other Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Cash
Cash refers to the most liquid asset of SuZhou ChunXing Precision, which is listed under current asset account on SuZhou ChunXing Precision balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SuZhou ChunXing customers. The amounts must be unrestricted with restricted cash listed in a different SuZhou ChunXing account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.