688103 Stock | | | 44.29 0.06 0.14% |
Kunshan Guoli financial indicator trend analysis is infinitely more than just investigating Kunshan Guoli Electronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunshan Guoli Electronic is a good investment. Please check the relationship between Kunshan Guoli Other Current Liab and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunshan Guoli Electronic. 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.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kunshan Guoli Electronic Other Current Liab account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kunshan Guoli's Other Current Liab and Cash is -0.31. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Kunshan Guoli Electronic, assuming nothing else is changed. The correlation between historical values of Kunshan Guoli's Other Current Liab and Cash 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 Current Liab of Kunshan Guoli Electronic are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Kunshan Guoli's Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Cash
Cash refers to the most liquid asset of Kunshan Guoli Electronic, which is listed under current asset account on Kunshan Guoli Electronic balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Kunshan Guoli customers. The amounts must be unrestricted with restricted cash listed in a different Kunshan Guoli account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Kunshan Guoli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunshan Guoli Electronic 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 Kunshan Guoli Electronic. 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
Tax Provision is expected to grow to about 7.3
M, whereas
Selling General Administrative is forecasted to decline to about 24.7
M.
Kunshan Guoli fundamental ratios Correlations
Click cells to compare fundamentals
Kunshan Guoli Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kunshan Guoli fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Kunshan Stock
Balance Sheet is a snapshot of the
financial position of Kunshan Guoli Electronic at a specified time, usually calculated after every quarter, six months, or one year. Kunshan Guoli Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kunshan Guoli 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 Kunshan currently owns. An asset can also be divided into two categories, current and non-current.