| 300251 Stock | | | 8.77 0.52 5.60% |
Beijing Enlight financial indicator trend analysis is way more than just evaluating Beijing Enlight Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Enlight Media is a good investment. Please check the relationship between Beijing Enlight Net Income and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Enlight Media. 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 Net Interest Income
Net Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Enlight Media Net Income account and
Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Enlight's Net Income and Net Interest Income is -0.46. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Beijing Enlight Media, assuming nothing else is changed. The correlation between historical values of Beijing Enlight's Net 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 Net Income of Beijing Enlight Media 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 Net Income i.e., Beijing Enlight's Net Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Beijing Enlight Media financial statement analysis. It represents the amount of money remaining after all of Beijing Enlight Media operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Beijing Enlight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Enlight Media 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 Enlight Media. 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
Tax Provision is expected to grow to about 98.4
M, whereas
Selling General Administrative is forecasted to decline to about 21.9
M.
Beijing Enlight fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Enlight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Enlight 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 Enlight Media at a specified time, usually calculated after every quarter, six months, or one year. Beijing Enlight Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Enlight 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.