603797 Stock | | | 4.30 0.16 3.86% |
Guangdong Liantai financial indicator trend analysis is much more than just examining Guangdong Liantai latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Liantai is a good investment. Please check the relationship between Guangdong Liantai Non Current Liabilities Other and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Liantai Environmental. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong Liantai Non Current Liabilities Other account and
Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Guangdong Liantai's Non Current Liabilities Other and Other Assets is 0.02. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Other Assets in the same time period over historical financial statements of Guangdong Liantai Environmental, assuming nothing else is changed. The correlation between historical values of Guangdong Liantai's Non Current Liabilities Other and Other 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 Liabilities Other of Guangdong Liantai Environmental are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Liabilities Other i.e., Guangdong Liantai's Non Current Liabilities Other and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Guangdong Liantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Liantai 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 Guangdong Liantai Environmental. 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
Tax Provision is expected to grow to about 41.2
M, whereas
Selling General Administrative is forecasted to decline to about 14.3
M.
Balance Sheet is a snapshot of the
financial position of Guangdong Liantai at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Liantai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Liantai 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.