300520 Stock | | | 25.05 0.30 1.21% |
GuoChuang Software financial indicator trend analysis is much more than just examining GuoChuang Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GuoChuang Software is a good investment. Please check the relationship between GuoChuang Software Depreciation and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in GuoChuang Software Co. 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.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GuoChuang Software Depreciation account and
Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between GuoChuang Software's Depreciation and Investments is -0.8. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of GuoChuang Software Co, assuming nothing else is changed. The correlation between historical values of GuoChuang Software's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of GuoChuang Software Co are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., GuoChuang Software's Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of GuoChuang Software value has been used up. For tax purposes GuoChuang Software can deduct the cost of the tangible assets it purchases as business expenses. However, GuoChuang Software Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from GuoChuang Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GuoChuang Software 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 GuoChuang Software Co. 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 26
M, whereas
Selling General Administrative is forecasted to decline to about 138.8
M.
GuoChuang Software fundamental ratios Correlations
Click cells to compare fundamentals
GuoChuang Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GuoChuang Software fundamental ratios Accounts
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Other Information on Investing in GuoChuang Stock
Balance Sheet is a snapshot of the
financial position of GuoChuang Software at a specified time, usually calculated after every quarter, six months, or one year. GuoChuang Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GuoChuang Software 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 GuoChuang currently owns. An asset can also be divided into two categories, current and non-current.