600685 Stock | | | 24.73 0.02 0.08% |
CSSC Offshore financial indicator trend analysis is way more than just evaluating CSSC Offshore Marine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSSC Offshore Marine is a good investment. Please check the relationship between CSSC Offshore Cash and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSSC Offshore Marine. 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 Short Term Investments
Cash vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSSC Offshore Marine Cash account and
Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CSSC Offshore's Cash and Short Term Investments is -0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of CSSC Offshore Marine, assuming nothing else is changed. The correlation between historical values of CSSC Offshore's Cash and Short Term 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 Cash of CSSC Offshore Marine are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash i.e., CSSC Offshore's Cash and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of CSSC Offshore Marine, which is listed under current asset account on CSSC Offshore Marine balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CSSC Offshore customers. The amounts must be unrestricted with restricted cash listed in a different CSSC Offshore 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.
Short Term Investments
Short Term Investments is an item under the current assets section of CSSC Offshore balance sheet. It contains any investments CSSC Offshore Marine undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CSSC Offshore Marine can easily liquidate in the marketplace.
Most indicators from CSSC Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSSC Offshore Marine 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 CSSC Offshore Marine. 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
Selling General Administrative is expected to grow to about 341.7
M, whereas
Tax Provision is projected to grow to (108
K).
CSSC Offshore fundamental ratios Correlations
Click cells to compare fundamentals
CSSC Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSSC Offshore fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in CSSC Stock
Balance Sheet is a snapshot of the
financial position of CSSC Offshore Marine at a specified time, usually calculated after every quarter, six months, or one year. CSSC Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSSC Offshore 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 CSSC currently owns. An asset can also be divided into two categories, current and non-current.