300002 Stock | | | 12.79 0.19 1.51% |
Beijing Ultrapower financial indicator trend analysis is way more than just evaluating Beijing Ultrapower prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Ultrapower is a good investment. Please check the relationship between Beijing Ultrapower 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 Beijing Ultrapower Software. 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.
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
Beijing Ultrapower Depreciation And Amortization account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Ultrapower's Depreciation And Amortization and Net Income is 0.49. 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 Beijing Ultrapower Software, assuming nothing else is changed. The correlation between historical values of Beijing Ultrapower'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 Beijing Ultrapower Software 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., Beijing Ultrapower's Depreciation And Amortization and Net Income go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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 Beijing Ultrapower financial statement analysis. It represents the amount of money remaining after all of Beijing Ultrapower Software operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Beijing Ultrapower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Ultrapower 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 Beijing Ultrapower Software. 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.
The current year's
Tax Provision is expected to grow to about 179.7
M, whereas
Selling General Administrative is forecasted to decline to about 103.2
M.
Beijing Ultrapower fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Ultrapower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Ultrapower fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Ultrapower at a specified time, usually calculated after every quarter, six months, or one year. Beijing Ultrapower Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Ultrapower 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.