600804 Stock | | | 2.19 0.02 0.92% |
Dr Peng financial indicator trend analysis is much more than just examining Dr Peng Telecom latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dr Peng Telecom is a good investment. Please check the relationship between Dr Peng Total Assets and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dr Peng Telecom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Assets vs Other Assets
Total Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dr Peng Telecom Total Assets account and
Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dr Peng's Total Assets and Other Assets is 0.48. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Dr Peng Telecom, assuming nothing else is changed. The correlation between historical values of Dr Peng's Total Assets and Other Assets 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 Assets of Dr Peng Telecom are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Dr Peng's Total Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Dr Peng assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dr Peng Telecom books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Other Assets
Most indicators from Dr Peng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dr Peng Telecom 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 Dr Peng Telecom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 220.7
M. The current year's
Tax Provision is expected to grow to about (40.6
M)
Dr Peng fundamental ratios Correlations
Click cells to compare fundamentals
Dr Peng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dr Peng fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in 600804 Stock
Balance Sheet is a snapshot of the
financial position of Dr Peng Telecom at a specified time, usually calculated after every quarter, six months, or one year. Dr Peng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dr Peng 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 600804 currently owns. An asset can also be divided into two categories, current and non-current.