Konfoong Net Income From Continuing Ops vs Net Interest Income Analysis

300666 Stock   63.77  1.58  2.42%   
Konfoong Materials financial indicator trend analysis is infinitely more than just investigating Konfoong Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Konfoong Materials is a good investment. Please check the relationship between Konfoong Materials Net Income From Continuing Ops and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Konfoong Materials International. 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 From Continuing Ops vs Net Interest Income

Net Income From Continuing Ops vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Konfoong Materials Net Income From Continuing Ops account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Konfoong Materials' Net Income From Continuing Ops and Net Interest Income is -0.32. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Konfoong Materials International, assuming nothing else is changed. The correlation between historical values of Konfoong Materials' Net Income From Continuing Ops 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 From Continuing Ops of Konfoong Materials International 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 From Continuing Ops i.e., Konfoong Materials' Net Income From Continuing Ops and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

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 Konfoong Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Konfoong Materials 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 Konfoong Materials International. 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 83.4 M. The current year's Selling General Administrative is expected to grow to about 176 M
 2022 2023 2024 2025 (projected)
Gross Profit695.6M759.7M873.7M917.4M
Total Revenue2.3B2.6B3.0B3.1B

Konfoong Materials fundamental ratios Correlations

0.180.820.990.680.990.990.980.850.990.880.850.920.990.940.990.980.080.960.950.190.99-0.630.790.990.87
0.180.080.260.250.280.23-0.020.530.080.30.36-0.130.08-0.10.270.190.03-0.030.27-0.060.29-0.210.210.230.27
0.820.080.770.810.770.840.780.820.80.940.920.720.820.740.830.840.180.880.740.550.82-0.860.90.760.9
0.990.260.770.631.00.980.960.870.980.860.840.90.970.90.990.970.030.920.950.10.99-0.580.741.00.86
0.680.250.810.630.630.750.590.670.650.790.870.610.710.660.720.720.590.750.740.530.7-0.730.820.610.76
0.990.280.771.00.630.980.950.880.980.870.850.890.970.90.990.970.030.910.950.10.99-0.590.741.00.86
0.990.230.840.980.750.980.950.870.980.90.890.90.990.921.00.990.140.960.950.250.99-0.680.830.980.9
0.98-0.020.780.960.590.950.950.740.990.80.770.960.980.970.950.950.010.960.90.130.94-0.530.710.970.8
0.850.530.820.870.670.880.870.740.80.950.930.640.80.670.880.850.090.750.830.190.9-0.740.770.850.91
0.990.080.80.980.650.980.980.990.80.840.820.960.990.960.980.970.060.970.930.160.97-0.580.750.980.84
0.880.30.940.860.790.870.90.80.950.840.980.730.860.760.90.90.180.860.840.350.9-0.830.870.840.97
0.850.360.920.840.870.850.890.770.930.820.980.730.850.760.880.870.330.840.870.320.88-0.790.850.820.94
0.92-0.130.720.90.610.890.90.960.640.960.730.730.961.00.890.880.210.940.910.060.88-0.450.630.910.72
0.990.080.820.970.710.970.990.980.80.990.860.850.960.970.980.980.150.980.950.20.97-0.620.790.970.86
0.94-0.10.740.90.660.90.920.970.670.960.760.761.00.970.910.890.240.950.920.10.89-0.490.670.910.75
0.990.270.830.990.720.991.00.950.880.980.90.880.890.980.910.980.110.940.960.221.0-0.660.810.990.88
0.980.190.840.970.720.970.990.950.850.970.90.870.880.980.890.980.060.950.910.280.98-0.680.830.960.92
0.080.030.180.030.590.030.140.010.090.060.180.330.210.150.240.110.060.190.330.190.09-0.260.260.010.14
0.96-0.030.880.920.750.910.960.960.750.970.860.840.940.980.950.940.950.190.90.370.94-0.70.840.920.84
0.950.270.740.950.740.950.950.90.830.930.840.870.910.950.920.960.910.330.90.080.95-0.580.740.940.81
0.19-0.060.550.10.530.10.250.130.190.160.350.320.060.20.10.220.280.190.370.080.22-0.740.690.080.34
0.990.290.820.990.70.990.990.940.90.970.90.880.880.970.891.00.980.090.940.950.22-0.680.820.980.89
-0.63-0.21-0.86-0.58-0.73-0.59-0.68-0.53-0.74-0.58-0.83-0.79-0.45-0.62-0.49-0.66-0.68-0.26-0.7-0.58-0.74-0.68-0.95-0.55-0.79
0.790.210.90.740.820.740.830.710.770.750.870.850.630.790.670.810.830.260.840.740.690.82-0.950.710.84
0.990.230.761.00.611.00.980.970.850.980.840.820.910.970.910.990.960.010.920.940.080.98-0.550.710.83
0.870.270.90.860.760.860.90.80.910.840.970.940.720.860.750.880.920.140.840.810.340.89-0.790.840.83
Click cells to compare fundamentals

Konfoong Materials Account Relationship Matchups

Konfoong Materials fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.9B5.1B6.3B7.2B7.6B
Other Current Liab16.4M17.7M123.0M799.5K919.4K873.4K
Total Current Liabilities1.1B840.9M792.8M1.3B1.5B807.8M
Total Stockholder Equity1.1B1.5B4.0B4.2B4.8B5.0B
Other Liab63.0M82.2M107.3M69.7M80.2M62.7M
Net Tangible Assets648.3M967.8M1.3B3.6B4.2B4.4B
Retained Earnings391.1M467.2M709.6M777.4M894.0M938.7M
Accounts Payable261.6M283.5M420.5M836.0M961.4M1.0B
Cash406.2M482.1M1.3B958.9M1.1B572.1M
Non Current Assets Total1.2B1.4B2.2B3.4B3.9B4.1B
Non Currrent Assets Other53.5M64.0M92.7M102.0M117.3M61.8M
Other Assets110.7M126.5M180.0M205.6M236.5M128.1M
Long Term Debt110.9M464.1M209.2M750.0M862.5M905.6M
Net Receivables260.6M384.6M442.0M665.3M765.1M803.4M
Non Current Liabilities Total199.2M594.7M306.4M864.5M994.1M1.0B
Inventory502.1M588.7M1.1B1.1B1.3B1.3B
Other Current Assets37.3M33.0M60.3M71.6M82.3M86.5M
Other Stockholder Equity1.8M1.2M145.7M3.1M3.6M3.4M
Total Liab1.3B1.4B1.1B2.1B2.5B2.6B
Deferred Long Term Liab9.8M10.0M51.7M56.1M64.5M67.7M
Short Long Term Debt738.0M376.4M151.6M185.2M212.9M359.2M
Total Current Assets1.2B1.5B2.9B2.9B3.3B3.5B
Intangible Assets105.6M130.6M393.1M436.9M502.4M527.6M
Property Plant Equipment470.4M677.9M852.2M1.2B1.4B1.5B
Common Stock Shares Outstanding224.4M227.6M265.6M265.4M305.3M257.6M
Net Invested Capital1.9B2.3B4.4B5.1B5.9B6.2B
Net Working Capital135.7M647.4M2.1B1.6B1.8B1.9B
Capital Stock224.4M227.6M265.6M265.4M305.3M260.4M
Property Plant And Equipment Net677.9M852.2M1.2B2.1B2.4B2.5B
Property Plant And Equipment Gross976.5M1.2B1.2B2.6B3.0B3.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Konfoong Stock

Balance Sheet is a snapshot of the financial position of Konfoong Materials at a specified time, usually calculated after every quarter, six months, or one year. Konfoong Materials Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Konfoong Materials 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 Konfoong currently owns. An asset can also be divided into two categories, current and non-current.