002975 Stock | | | 35.09 2.09 5.62% |
Zhuhai Bojay financial indicator trend analysis is more than just analyzing Zhuhai Bojay Electronics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Bojay Electronics is a good investment. Please check the relationship between Zhuhai Bojay Total Current Liabilities and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Bojay Electronics. 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.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhuhai Bojay Electronics Total Current Liabilities account and
Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhuhai Bojay's Total Current Liabilities and Total Liab is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab in the same time period over historical financial statements of Zhuhai Bojay Electronics, assuming nothing else is changed. The correlation between historical values of Zhuhai Bojay's Total Current Liabilities and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Zhuhai Bojay Electronics are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Zhuhai Bojay's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Zhuhai Bojay balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhuhai Bojay Electronics 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.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Zhuhai Bojay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Bojay Electronics 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 Zhuhai Bojay Electronics. 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
Tax Provision is expected to grow to about (17.7
M). In addition to that,
Selling General Administrative is expected to decline to about 131.3
MZhuhai Bojay fundamental ratios Correlations
Click cells to compare fundamentals
Zhuhai Bojay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhuhai Bojay fundamental ratios Accounts
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Other Information on Investing in Zhuhai Stock
Balance Sheet is a snapshot of the
financial position of Zhuhai Bojay Electronics at a specified time, usually calculated after every quarter, six months, or one year. Zhuhai Bojay Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhuhai Bojay 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 Zhuhai currently owns. An asset can also be divided into two categories, current and non-current.