Bangyan Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.
Total Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bangyan Technology Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Bangyan Technology's Total Assets and Other Current Liab is -0.73. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Bangyan Technology Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Bangyan Technology's Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Bangyan Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bangyan Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Liab
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.