603269 Stock | | | 9.42 0.24 2.61% |
Jiangsu Seagull financial indicator trend analysis is infinitely more than just investigating Jiangsu Seagull Cooling recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Seagull Cooling is a good investment. Please check the relationship between Jiangsu Seagull Total Stockholder Equity and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Seagull Cooling. 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.
Total Stockholder Equity vs Total Current Liabilities
Total Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Seagull Cooling Total Stockholder Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangsu Seagull's Total Stockholder Equity and Total Current Liabilities is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jiangsu Seagull Cooling, assuming nothing else is changed. The correlation between historical values of Jiangsu Seagull's Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Jiangsu Seagull Cooling are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Jiangsu Seagull's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Current Liabilities
Total Current Liabilities is an item on Jiangsu Seagull balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jiangsu Seagull Cooling are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Jiangsu Seagull's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Seagull Cooling 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 Jiangsu Seagull Cooling. 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 2, 2024,
Selling General Administrative is expected to decline to about 110.3
M. In addition to that,
Tax Provision is expected to decline to about 15.4
MJiangsu Seagull fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Seagull Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Seagull fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Seagull Cooling at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Seagull Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Seagull 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.