002202 Stock | | | 10.66 0.02 0.19% |
Xinjiang Goldwind financial indicator trend analysis is more than just analyzing Xinjiang Goldwind Science current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Goldwind Science is a good investment. Please check the relationship between Xinjiang Goldwind Minority Interest and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Minority Interest vs Net Interest Income
Minority Interest vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xinjiang Goldwind Science Minority Interest account and
Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xinjiang Goldwind's Minority Interest and Net Interest Income is -0.24. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Xinjiang Goldwind Science, assuming nothing else is changed. The correlation between historical values of Xinjiang Goldwind's Minority Interest and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Xinjiang Goldwind Science are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Minority Interest i.e., Xinjiang Goldwind's Minority Interest and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Xinjiang Goldwind Science whose combined shares represent less than 50% of the total outstanding shares issued by Xinjiang Goldwind have a minority interest in Xinjiang Goldwind.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Xinjiang Goldwind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Goldwind Science 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 Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 18, 2024,
Selling General Administrative is expected to decline to about 2.3
B. In addition to that,
Tax Provision is expected to decline to about 550.9
MXinjiang Goldwind fundamental ratios Correlations
Click cells to compare fundamentals
Xinjiang Goldwind Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xinjiang Goldwind fundamental ratios Accounts
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Other Information on Investing in Xinjiang Stock
Balance Sheet is a snapshot of the
financial position of Xinjiang Goldwind Science at a specified time, usually calculated after every quarter, six months, or one year. Xinjiang Goldwind Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xinjiang Goldwind 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 Xinjiang currently owns. An asset can also be divided into two categories, current and non-current.