Bangyan Cash vs Common Stock Shares Outstanding Analysis
688132 Stock | 19.09 0.08 0.42% |
Bangyan Technology financial indicator trend analysis is way more than just evaluating Bangyan Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bangyan Technology is a good investment. Please check the relationship between Bangyan Technology Cash and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bangyan Technology 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 nation.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bangyan Technology Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bangyan Technology's Cash and Common Stock Shares Outstanding is 0.68. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bangyan Technology Co, assuming nothing else is changed. The correlation between historical values of Bangyan Technology's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Bangyan Technology Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Bangyan Technology's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Bangyan Technology, which is listed under current asset account on Bangyan Technology Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bangyan Technology customers. The amounts must be unrestricted with restricted cash listed in a different Bangyan Technology 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Bangyan Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bangyan Technology 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 Bangyan Technology 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 nation. The current year's Tax Provision is expected to grow to about (6 M). In addition to that, Selling General Administrative is expected to decline to about 49 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.4M | 24.7M | 6.5M | 12.7M | Interest Income | 228.1K | 1.2M | 6.1M | 6.4M |
Bangyan Technology fundamental ratios Correlations
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Bangyan Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Bangyan Stock
Balance Sheet is a snapshot of the financial position of Bangyan Technology at a specified time, usually calculated after every quarter, six months, or one year. Bangyan Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bangyan Technology 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 Bangyan currently owns. An asset can also be divided into two categories, current and non-current.