CICT Selling General Administrative vs Non Current Assets Total Analysis
688387 Stock | 6.27 0.11 1.79% |
CICT Mobile financial indicator trend analysis is way more than just evaluating CICT Mobile Communication prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CICT Mobile Communication is a good investment. Please check the relationship between CICT Mobile Selling General Administrative and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CICT Mobile Communication. 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.
Selling General Administrative vs Non Current Assets Total
Selling General Administrative vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CICT Mobile Communication Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CICT Mobile's Selling General Administrative and Non Current Assets Total is -0.7. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of CICT Mobile Communication, assuming nothing else is changed. The correlation between historical values of CICT Mobile's Selling General Administrative 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 Selling General Administrative of CICT Mobile Communication 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 Selling General Administrative i.e., CICT Mobile's Selling General Administrative and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Selling General Administrative
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 CICT Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CICT Mobile Communication 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 CICT Mobile Communication. 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 Selling General Administrative is expected to grow to about 438.6 M, whereas Tax Provision is forecasted to decline to about 7.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 122.4M | 61.6M | 56.9M | 81.7M | Interest Income | 22.2M | 27.2M | 49.2M | 32.4M |
CICT Mobile fundamental ratios Correlations
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CICT Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in CICT Stock
Balance Sheet is a snapshot of the financial position of CICT Mobile Communication at a specified time, usually calculated after every quarter, six months, or one year. CICT Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CICT Mobile 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 CICT currently owns. An asset can also be divided into two categories, current and non-current.