002981 Stock | | | 28.40 1.52 5.65% |
Risuntek financial indicator trend analysis is much more than just breaking down Risuntek prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Risuntek is a good investment. Please check the relationship between Risuntek Short Long Term Debt and its Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Risuntek. 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.
Short Long Term Debt vs Capital Stock
Short Long Term Debt vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Risuntek Short Long Term Debt account and
Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Risuntek's Short Long Term Debt and Capital Stock is 0.83. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Risuntek, assuming nothing else is changed. The correlation between historical values of Risuntek's Short Long Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Risuntek are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Long Term Debt i.e., Risuntek's Short Long Term Debt and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Risuntek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Risuntek 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 Risuntek. 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 13.2
M, whereas
Selling General Administrative is forecasted to decline to about 36.5
M.
Risuntek fundamental ratios Correlations
Click cells to compare fundamentals
Risuntek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Risuntek fundamental ratios Accounts
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Other Information on Investing in Risuntek Stock
Balance Sheet is a snapshot of the
financial position of Risuntek at a specified time, usually calculated after every quarter, six months, or one year. Risuntek Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Risuntek 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 Risuntek currently owns. An asset can also be divided into two categories, current and non-current.