300813 Stock | | | 18.21 0.84 4.41% |
Zhejiang Tailin financial indicator trend analysis is more than just analyzing Zhejiang Tailin Bioe current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Tailin Bioe is a good investment. Please check the relationship between Zhejiang Tailin Interest Income and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Tailin Bioengineering. 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 Operating Income
Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Tailin Bioe Interest Income account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zhejiang Tailin's Interest Income and Operating Income is -0.03. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zhejiang Tailin Bioengineering, assuming nothing else is changed. The correlation between historical values of Zhejiang Tailin's Interest Income and Operating 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 Zhejiang Tailin Bioengineering are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Income i.e., Zhejiang Tailin's Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Operating Income
Operating Income is the amount of profit realized from Zhejiang Tailin Bioe operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zhejiang Tailin Bioengineering is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Zhejiang Tailin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Tailin Bioe 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 Zhejiang Tailin Bioengineering. 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.
As of December 25, 2024,
Tax Provision is expected to decline to about 3.4
M. In addition to that,
Selling General Administrative is expected to decline to about 37.4
MZhejiang Tailin fundamental ratios Correlations
Click cells to compare fundamentals
Zhejiang Tailin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Tailin fundamental ratios Accounts
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Other Information on Investing in Zhejiang Stock
Balance Sheet is a snapshot of the
financial position of Zhejiang Tailin Bioe at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Tailin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Tailin 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.