Liaoning Non Current Liabilities Total vs Other Current Liab Analysis
688739 Stock | 27.32 0.43 1.60% |
Liaoning Chengda financial indicator trend analysis is infinitely more than just investigating Liaoning Chengda Bio recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liaoning Chengda Bio is a good investment. Please check the relationship between Liaoning Chengda Non Current Liabilities Total and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Liaoning Chengda Biotechnology. 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.
Non Current Liabilities Total vs Other Current Liab
Non Current Liabilities Total vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liaoning Chengda Bio Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Liaoning Chengda's Non Current Liabilities Total and Other Current Liab is -0.13. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Liaoning Chengda Biotechnology, assuming nothing else is changed. The correlation between historical values of Liaoning Chengda's Non Current Liabilities Total 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 Non Current Liabilities Total of Liaoning Chengda Biotechnology 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 Non Current Liabilities Total i.e., Liaoning Chengda's Non Current Liabilities Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Other Current Liab
Most indicators from Liaoning Chengda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liaoning Chengda Bio 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 Liaoning Chengda Biotechnology. 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. As of December 2, 2024, Tax Provision is expected to decline to about 102.7 M. In addition to that, Selling General Administrative is expected to decline to about 452.6 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 4.1M | 55.6M | 69.9M | 73.4M | Tax Provision | 138.5M | 124.1M | 110.5M | 102.7M |
Liaoning Chengda fundamental ratios Correlations
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Liaoning Chengda Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Liaoning Stock
Balance Sheet is a snapshot of the financial position of Liaoning Chengda Bio at a specified time, usually calculated after every quarter, six months, or one year. Liaoning Chengda Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Liaoning Chengda 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 Liaoning currently owns. An asset can also be divided into two categories, current and non-current.