Beijing Total Current Liabilities vs Total Stockholder Equity Analysis
301276 Stock | 21.40 0.10 0.47% |
Beijing Jiaman financial indicator trend analysis is way more than just evaluating Beijing Jiaman Dress prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Jiaman Dress is a good investment. Please check the relationship between Beijing Jiaman Total Current Liabilities and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Jiaman Dress. 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 Stockholder Equity
Total Current Liabilities vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Jiaman Dress Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beijing Jiaman's Total Current Liabilities and Total Stockholder Equity is 0.71. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Beijing Jiaman Dress, assuming nothing else is changed. The correlation between historical values of Beijing Jiaman's Total Current Liabilities and Total Stockholder Equity 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 Beijing Jiaman Dress are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Beijing Jiaman's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Beijing Jiaman balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beijing Jiaman Dress 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Beijing Jiaman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Jiaman Dress 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 Beijing Jiaman Dress. 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 29, 2024, Tax Provision is expected to decline to about 54.8 M. In addition to that, Selling General Administrative is expected to decline to about 283 M
2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.0M | 1.1M | Interest Income | 3.5M | 6.4M | 3.9M |
Beijing Jiaman fundamental ratios Correlations
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Beijing Jiaman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the financial position of Beijing Jiaman Dress at a specified time, usually calculated after every quarter, six months, or one year. Beijing Jiaman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Jiaman 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.