605198 Stock | | | 29.29 0.93 3.28% |
Yantai North financial indicator trend analysis is more than just analyzing Yantai North Andre current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yantai North Andre is a good investment. Please check the relationship between Yantai North Other Stockholder Equity and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai North Andre. 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.
Other Stockholder Equity vs Non Current Assets Total
Other Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yantai North Andre Other Stockholder Equity account and
Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yantai North's Other Stockholder Equity and Non Current Assets Total is 0.28. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Yantai North Andre, assuming nothing else is changed. The correlation between historical values of Yantai North's Other Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Yantai North Andre are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Yantai North's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
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.
Most indicators from Yantai North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yantai North Andre 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 Yantai North Andre. 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 9.2
M, whereas
Selling General Administrative is forecasted to decline to about 8.2
M.
Yantai North fundamental ratios Correlations
Click cells to compare fundamentals
Yantai North Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yantai North fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yantai Stock
Balance Sheet is a snapshot of the
financial position of Yantai North Andre at a specified time, usually calculated after every quarter, six months, or one year. Yantai North Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yantai North 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 Yantai currently owns. An asset can also be divided into two categories, current and non-current.