002597 Stock | | | 23.51 0.33 1.42% |
Anhui Jinhe financial indicator trend analysis is way more than just evaluating Anhui Jinhe Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Jinhe Industrial is a good investment. Please check the relationship between Anhui Jinhe Non Current Liabilities Total and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Jinhe Industrial. 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 Total vs Total Current Liabilities
Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Jinhe Industrial Non Current Liabilities Total account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anhui Jinhe's Non Current Liabilities Total and Total Current Liabilities is 0.64. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Anhui Jinhe Industrial, assuming nothing else is changed. The correlation between historical values of Anhui Jinhe's Non Current Liabilities Total and Total Current Liabilities 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 Total of Anhui Jinhe Industrial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Anhui Jinhe's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Total Current Liabilities
Total Current Liabilities is an item on Anhui Jinhe balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Anhui Jinhe Industrial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Anhui Jinhe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Jinhe Industrial 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 Anhui Jinhe Industrial. 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 171.7
M. The current year's
Tax Provision is expected to grow to about 159
MAnhui Jinhe fundamental ratios Correlations
Click cells to compare fundamentals
Anhui Jinhe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Jinhe fundamental ratios Accounts
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Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Jinhe Industrial at a specified time, usually calculated after every quarter, six months, or one year. Anhui Jinhe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Jinhe 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.