002682 Stock | | | 5.91 0.54 10.06% |
Fujian Longzhou financial indicator trend analysis is much more than just examining Fujian Longzhou Tran latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Longzhou Tran is a good investment. Please check the relationship between Fujian Longzhou Change To Liabilities and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Longzhou Transportation. 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.
Change To Liabilities vs Net Income
Change To Liabilities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Longzhou Tran Change To Liabilities account and
Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fujian Longzhou's Change To Liabilities and Net Income is 0.3. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Income in the same time period over historical financial statements of Fujian Longzhou Transportation, assuming nothing else is changed. The correlation between historical values of Fujian Longzhou's Change To Liabilities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Fujian Longzhou Transportation are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Liabilities i.e., Fujian Longzhou's Change To Liabilities and Net Income go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Liabilities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Fujian Longzhou Tran financial statement analysis. It represents the amount of money remaining after all of Fujian Longzhou Transportation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Fujian Longzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Longzhou Tran 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 Fujian Longzhou Transportation. 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 137.9
M, whereas
Tax Provision is forecasted to decline to about 7.6
M.
Fujian Longzhou fundamental ratios Correlations
Click cells to compare fundamentals
Fujian Longzhou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Longzhou fundamental ratios Accounts
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Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Longzhou Tran at a specified time, usually calculated after every quarter, six months, or one year. Fujian Longzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Longzhou 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.