600830 Stock | | | 10.15 0.04 0.39% |
Sunny Loan financial indicator trend analysis is much more than just breaking down Sunny Loan Top prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunny Loan Top is a good investment. Please check the relationship between Sunny Loan Change To Liabilities and its Change To Netincome accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunny Loan Top. 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
Sunny Loan Top Change To Liabilities account and
Change To Netincome. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sunny Loan's Change To Liabilities and Change To Netincome is 0.22. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Sunny Loan Top, assuming nothing else is changed. The correlation between historical values of Sunny Loan's Change To Liabilities and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Sunny Loan Top are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Liabilities i.e., Sunny Loan's Change To Liabilities and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Sunny Loan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunny Loan Top 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 Sunny Loan Top. 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 28, 2024,
Selling General Administrative is expected to decline to about 66.3
M. In addition to that,
Tax Provision is expected to decline to about 21.4
MBalance Sheet is a snapshot of the
financial position of Sunny Loan Top at a specified time, usually calculated after every quarter, six months, or one year. Sunny Loan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunny Loan 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 Sunny currently owns. An asset can also be divided into two categories, current and non-current.