603078 Stock | | | 18.90 0.25 1.34% |
Jiangyin Jianghua financial indicator trend analysis is infinitely more than just investigating Jiangyin Jianghua recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangyin Jianghua is a good investment. Please check the relationship between Jiangyin Jianghua Change To Liabilities and its Change In Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangyin Jianghua Microelectronics. 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.
Change To Liabilities vs Change In Working Capital
Change To Liabilities vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangyin Jianghua Change To Liabilities account and
Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jiangyin Jianghua's Change To Liabilities and Change In Working Capital is -0.52. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Jiangyin Jianghua Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangyin Jianghua's Change To Liabilities and Change In Working Capital 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 Jiangyin Jianghua Microelectronics are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Liabilities i.e., Jiangyin Jianghua's Change To Liabilities and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Liabilities
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Jiangyin Jianghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics. 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 December 12, 2024,
Tax Provision is expected to decline to about 8.6
M. In addition to that,
Selling General Administrative is expected to decline to about 31.4
MJiangyin Jianghua fundamental ratios Correlations
Click cells to compare fundamentals
Jiangyin Jianghua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangyin Jianghua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangyin Stock
Balance Sheet is a snapshot of the
financial position of Jiangyin Jianghua at a specified time, usually calculated after every quarter, six months, or one year. Jiangyin Jianghua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangyin Jianghua 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 Jiangyin currently owns. An asset can also be divided into two categories, current and non-current.