Beijing Compass financial indicator trend analysis is way more than just evaluating Beijing Compass Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Compass Tech is a good investment. Please check the relationship between Beijing Compass Interest Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Compass Technology. 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.
Interest Income vs Net Income
Interest Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Compass Tech Interest Income account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Compass' Interest Income and Net Income is 0.26. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Beijing Compass Technology, assuming nothing else is changed. The correlation between historical values of Beijing Compass' Interest Income 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 Interest Income of Beijing Compass Technology 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 Interest Income i.e., Beijing Compass' Interest Income and Net Income go up and down completely randomly.
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Beijing Compass Tech financial statement analysis. It represents the amount of money remaining after all of Beijing Compass Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Beijing Compass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Compass Tech 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 Compass Technology. 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.
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.
Balance Sheet is a snapshot of the financial position of Beijing Compass Tech at a specified time, usually calculated after every quarter, six months, or one year. Beijing Compass Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Compass 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.