600449 Stock | | | 15.00 0.13 0.87% |
Ningxia Building financial indicator trend analysis is infinitely more than just investigating Ningxia Building Mat recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Building Mat is a good investment. Please check the relationship between Ningxia Building Other Liab and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Building Materials. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningxia Building Mat Other Liab account and
Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Ningxia Building's Other Liab and Other Current Liab is 0.03. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ningxia Building Materials, assuming nothing else is changed. The correlation between historical values of Ningxia Building's Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Ningxia Building Materials are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Ningxia Building's Other Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Ningxia Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Building Mat 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 Ningxia Building Materials. 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 110.4
M. In addition to that,
Tax Provision is expected to decline to about 53.1
MBalance Sheet is a snapshot of the
financial position of Ningxia Building Mat at a specified time, usually calculated after every quarter, six months, or one year. Ningxia Building Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningxia Building 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 Ningxia currently owns. An asset can also be divided into two categories, current and non-current.