300474 Stock | | | 104.00 1.35 1.28% |
Changsha Jingjia financial indicator trend analysis is way more than just evaluating Changsha Jingjia Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha Jingjia Mic is a good investment. Please check the relationship between Changsha Jingjia Common Stock and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha Jingjia Microelectronics. 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.
Common Stock vs Long Term Debt
Common Stock vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changsha Jingjia Mic Common Stock account and
Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Changsha Jingjia's Common Stock and Long Term Debt is 0.17. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Changsha Jingjia Microelectronics, assuming nothing else is changed. The correlation between historical values of Changsha Jingjia's Common Stock and Long Term 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 Common Stock of Changsha Jingjia Microelectronics are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Changsha Jingjia's Common Stock and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Long Term Debt
Long-term debt is a debt that Changsha Jingjia Mic has held for over one year. Long-term debt appears on Changsha Jingjia Microelectronics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Changsha Jingjia Microelectronics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Changsha Jingjia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha Jingjia Mic 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 Changsha Jingjia Microelectronics. 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 63.2
M. The current year's
Tax Provision is expected to grow to about (67.6
M)
Changsha Jingjia fundamental ratios Correlations
Click cells to compare fundamentals
Changsha Jingjia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Changsha Jingjia fundamental ratios Accounts
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Other Information on Investing in Changsha Stock
Balance Sheet is a snapshot of the
financial position of Changsha Jingjia Mic at a specified time, usually calculated after every quarter, six months, or one year. Changsha Jingjia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changsha Jingjia 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 Changsha currently owns. An asset can also be divided into two categories, current and non-current.