688425 Stock | | | 4.76 0.01 0.21% |
China Railway financial indicator trend analysis is way more than just evaluating China Railway Constr prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Constr is a good investment. Please check the relationship between China Railway Total Liab and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Construction. 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 Liab vs Other Liab
Total Liab vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Railway Constr Total Liab account and
Other Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between China Railway's Total Liab and Other Liab is -0.87. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of China Railway Construction, assuming nothing else is changed. The correlation between historical values of China Railway's Total Liab and Other 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 Liab of China Railway Construction are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Liab i.e., China Railway's Total Liab and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Other Liab
Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Constr 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 China Railway Construction. 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 479
M, whereas
Tax Provision is forecasted to decline to about 149.6
M.
China Railway fundamental ratios Correlations
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China Railway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Railway fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Railway Constr at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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 China currently owns. An asset can also be divided into two categories, current and non-current.