002672 Stock | | | 4.87 0.03 0.61% |
Dongjiang Environmental financial indicator trend analysis is much more than just examining Dongjiang Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongjiang Environmental is a good investment. Please check the relationship between Dongjiang Environmental Operating Income and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongjiang Environmental Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Operating Income vs Net Interest Income
Operating Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dongjiang Environmental Operating Income account and
Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dongjiang Environmental's Operating Income and Net Interest Income is 0.75. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Dongjiang Environmental Co, assuming nothing else is changed. The correlation between historical values of Dongjiang Environmental's Operating Income 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 Operating Income of Dongjiang Environmental Co 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 Operating Income i.e., Dongjiang Environmental's Operating Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Dongjiang Environmental operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dongjiang Environmental Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Dongjiang Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongjiang Environmental 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 Dongjiang Environmental 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.
The current year's
Selling General Administrative is expected to grow to about 183.3
M, whereas
Tax Provision is forecasted to decline to about 2.2
M.
Dongjiang Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Dongjiang Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dongjiang Environmental fundamental ratios Accounts
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Other Information on Investing in Dongjiang Stock
Balance Sheet is a snapshot of the
financial position of Dongjiang Environmental at a specified time, usually calculated after every quarter, six months, or one year. Dongjiang Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dongjiang Environmental 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 Dongjiang currently owns. An asset can also be divided into two categories, current and non-current.