600831 Stock | | | 2.89 0.15 4.93% |
Shaanxi Broadcast financial indicator trend analysis is much more than just breaking down Shaanxi Broadcast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Broadcast is a good investment. Please check the relationship between Shaanxi Broadcast Property Plant Equipment and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Broadcast TV. 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.
Property Plant Equipment vs Total Liab
Property Plant Equipment vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shaanxi Broadcast Property Plant Equipment account and
Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shaanxi Broadcast's Property Plant Equipment and Total Liab is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shaanxi Broadcast TV, assuming nothing else is changed. The correlation between historical values of Shaanxi Broadcast's Property Plant Equipment and Total 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 Property Plant Equipment of Shaanxi Broadcast TV are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant Equipment i.e., Shaanxi Broadcast's Property Plant Equipment and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Shaanxi Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Broadcast 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 Shaanxi Broadcast TV. 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 268.3
M. The current year's
Tax Provision is expected to grow to about 3.2
MShaanxi Broadcast fundamental ratios Correlations
Click cells to compare fundamentals
Shaanxi Broadcast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shaanxi Broadcast fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Shaanxi Stock
Balance Sheet is a snapshot of the
financial position of Shaanxi Broadcast at a specified time, usually calculated after every quarter, six months, or one year. Shaanxi Broadcast Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shaanxi Broadcast 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 Shaanxi currently owns. An asset can also be divided into two categories, current and non-current.