002966 Stock | | | 7.86 0.01 0.13% |
Bank of Suzhou financial indicator trend analysis is way more than just evaluating Bank of Suzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Suzhou is a good investment. Please check the relationship between Bank of Suzhou Depreciation And Amortization and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Suzhou. 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.
Depreciation And Amortization vs Net Income
Depreciation And Amortization vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Suzhou Depreciation And Amortization account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bank of Suzhou's Depreciation And Amortization and Net Income is 0.93. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of Bank of Suzhou, assuming nothing else is changed. The correlation between historical values of Bank of Suzhou's Depreciation And Amortization and Net 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 Depreciation And Amortization of Bank of Suzhou are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., Bank of Suzhou's Depreciation And Amortization and Net Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Suzhou financial statement analysis. It represents the amount of money remaining after all of Bank of Suzhou operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bank of Suzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Suzhou 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 Bank of Suzhou. 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 November 29, 2024,
Selling General Administrative is expected to decline to about 2.5
B. In addition to that,
Tax Provision is expected to decline to about 694.2
MBank of Suzhou fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Suzhou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Suzhou fundamental ratios Accounts
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Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the
financial position of Bank of Suzhou at a specified time, usually calculated after every quarter, six months, or one year. Bank of Suzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Suzhou 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 Bank currently owns. An asset can also be divided into two categories, current and non-current.