600345 Stock | | | 28.49 0.05 0.18% |
Wuhan Yangtze financial indicator trend analysis is more than just analyzing Wuhan Yangtze Commun current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuhan Yangtze Commun is a good investment. Please check the relationship between Wuhan Yangtze Cash and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuhan Yangtze Communication. 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.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuhan Yangtze Commun Cash account and
Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Wuhan Yangtze's Cash and Good Will is -0.91. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of Wuhan Yangtze Communication, assuming nothing else is changed. The correlation between historical values of Wuhan Yangtze's Cash and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Wuhan Yangtze Communication are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., Wuhan Yangtze's Cash and Good Will go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Wuhan Yangtze Commun, which is listed under current asset account on Wuhan Yangtze Communication balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wuhan Yangtze customers. The amounts must be unrestricted with restricted cash listed in a different Wuhan Yangtze account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Wuhan Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuhan Yangtze Commun 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 Wuhan Yangtze Communication. 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,
Selling General Administrative is expected to decline to about 69.2
M. In addition to that,
Discontinued Operations is expected to decline to about (7.3
M)
Wuhan Yangtze fundamental ratios Correlations
Click cells to compare fundamentals
Wuhan Yangtze Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuhan Yangtze fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Wuhan Stock
Balance Sheet is a snapshot of the
financial position of Wuhan Yangtze Commun at a specified time, usually calculated after every quarter, six months, or one year. Wuhan Yangtze Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuhan Yangtze 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 Wuhan currently owns. An asset can also be divided into two categories, current and non-current.