603517 Stock | | | 19.92 0.74 3.86% |
Juewei Food financial indicator trend analysis is infinitely more than just investigating Juewei Food recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juewei Food is a good investment. Please check the relationship between Juewei Food Non Current Assets Total and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Juewei Food Co. 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.
Non Current Assets Total vs Intangible Assets
Non Current Assets Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Juewei Food Non Current Assets Total account and
Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Juewei Food's Non Current Assets Total and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Juewei Food Co, assuming nothing else is changed. The correlation between historical values of Juewei Food's Non Current Assets Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Juewei Food Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., Juewei Food's Non Current Assets Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Juewei Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juewei Food 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 Juewei Food Co. 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 current year's
Selling General Administrative is expected to grow to about 475.3
M. The current year's
Tax Provision is expected to grow to about 246.1
MJuewei Food fundamental ratios Correlations
Click cells to compare fundamentals
Juewei Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Juewei Food fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Juewei Stock
Balance Sheet is a snapshot of the
financial position of Juewei Food at a specified time, usually calculated after every quarter, six months, or one year. Juewei Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Juewei Food 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 Juewei currently owns. An asset can also be divided into two categories, current and non-current.