002682 Stock | | | 5.68 0.16 2.90% |
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 Property Plant And Equipment Net and its Net Debt 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.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Longzhou Tran Property Plant And Equipment Net account and
Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fujian Longzhou's Property Plant And Equipment Net and Net Debt is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fujian Longzhou Transportation are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Fujian Longzhou's Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.