| 300842 Stock | | | 40.76 0.27 0.66% |
Wuxi Dk financial indicator trend analysis is more than just analyzing Wuxi Dk Electronic current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Dk Electronic is a good investment. Please check the relationship between Wuxi Dk Tax Provision and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuxi Dk Electronic. 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.
Tax Provision vs Net Income From Continuing Ops
Tax Provision vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuxi Dk Electronic Tax Provision account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wuxi Dk's Tax Provision and Net Income From Continuing Ops is 0.97. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Wuxi Dk Electronic, assuming nothing else is changed. The correlation between historical values of Wuxi Dk's Tax Provision and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Wuxi Dk Electronic are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Tax Provision i.e., Wuxi Dk's Tax Provision and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Net Income From Continuing Ops
Most indicators from Wuxi Dk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Dk Electronic 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 Wuxi Dk Electronic. 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 45.2
M, whereas
Selling General Administrative is forecasted to decline to about 53.7
M.
Wuxi Dk fundamental ratios Correlations
Click cells to compare fundamentals
Wuxi Dk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuxi Dk fundamental ratios Accounts
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Other Information on Investing in Wuxi Stock
Balance Sheet is a snapshot of the
financial position of Wuxi Dk Electronic at a specified time, usually calculated after every quarter, six months, or one year. Wuxi Dk Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuxi Dk 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 Wuxi currently owns. An asset can also be divided into two categories, current and non-current.