603109 Stock | | | 17.33 0.26 1.52% |
Senci Electric financial indicator trend analysis is much more than just breaking down Senci Electric Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senci Electric Machinery is a good investment. Please check the relationship between Senci Electric Net Receivables and its Non Current Liabilities Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senci Electric Machinery. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senci Electric Machinery Net Receivables account and
Non Current Liabilities Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Senci Electric's Net Receivables and Non Current Liabilities Other is -0.73. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of Senci Electric Machinery, assuming nothing else is changed. The correlation between historical values of Senci Electric's Net Receivables and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Senci Electric Machinery are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Net Receivables i.e., Senci Electric's Net Receivables and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from Senci Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senci Electric Machinery 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 Senci Electric Machinery. 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 26, 2024,
Tax Provision is expected to decline to about 25.8
M. In addition to that,
Selling General Administrative is expected to decline to about 177.2
MBalance Sheet is a snapshot of the
financial position of Senci Electric Machinery at a specified time, usually calculated after every quarter, six months, or one year. Senci Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Senci Electric 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 Senci currently owns. An asset can also be divided into two categories, current and non-current.