000333 Stock | | | 76.25 1.64 2.20% |
Midea Group financial indicator trend analysis is infinitely more than just investigating Midea Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Midea Group is a good investment. Please check the relationship between Midea Group Net Income and its Begin Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Midea Group 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.
Net Income vs Begin Period Cash Flow
Net Income vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Midea Group Net Income account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Midea Group's Net Income and Begin Period Cash Flow is 0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Midea Group Co, assuming nothing else is changed. The correlation between historical values of Midea Group's Net Income and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Midea Group Co are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Midea Group's Net Income and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Midea Group financial statement analysis. It represents the amount of money remaining after all of Midea Group Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Midea Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Midea Group 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 Midea Group 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 36.4
B. In addition to that,
Tax Provision is expected to decline to about 4.9
BMidea Group fundamental ratios Correlations
Click cells to compare fundamentals
Midea Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Midea Group fundamental ratios Accounts
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Other Information on Investing in Midea Stock
Balance Sheet is a snapshot of the
financial position of Midea Group at a specified time, usually calculated after every quarter, six months, or one year. Midea Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midea Group 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 Midea currently owns. An asset can also be divided into two categories, current and non-current.