Ningbo End Period Cash Flow vs Change To Inventory Analysis
301193 Stock | 17.70 0.80 4.73% |
Ningbo Homelink financial indicator trend analysis is infinitely more than just investigating Ningbo Homelink Eco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Homelink Eco is a good investment. Please check the relationship between Ningbo Homelink End Period Cash Flow and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Homelink Eco iTech. 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.
End Period Cash Flow vs Change To Inventory
End Period Cash Flow vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Homelink Eco End Period Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ningbo Homelink's End Period Cash Flow and Change To Inventory is -0.5. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Ningbo Homelink Eco iTech, assuming nothing else is changed. The correlation between historical values of Ningbo Homelink's End Period Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Ningbo Homelink Eco iTech are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of End Period Cash Flow i.e., Ningbo Homelink's End Period Cash Flow and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
End Period Cash Flow
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Ningbo Homelink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Homelink Eco 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 Ningbo Homelink Eco iTech. 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 November 30, 2024, Tax Provision is expected to decline to about 3.3 M. In addition to that, Selling General Administrative is expected to decline to about 109.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12.7M | 15.0M | 16.8M | 25.3M | Interest Income | 1.4M | 6.3M | 12.0M | 12.6M |
Ningbo Homelink fundamental ratios Correlations
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Ningbo Homelink Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Ningbo Homelink Eco at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Homelink Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Homelink 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.