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 Current Deferred Revenue and its Good Will 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.
Current Deferred Revenue vs Good Will
Current Deferred Revenue vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Longzhou Tran Current Deferred Revenue account and
Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fujian Longzhou's Current Deferred Revenue and Good Will is 0.32. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will 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 Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Fujian Longzhou Transportation are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Fujian Longzhou's Current Deferred Revenue and Good Will go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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.