| 301286 Stock | | | 35.38 0.48 1.38% |
Sichuan Qiaoyuan financial indicator trend analysis is much more than just breaking down Sichuan Qiaoyuan Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Qiaoyuan Gas is a good investment. Please check the relationship between Sichuan Qiaoyuan Operating Income and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Qiaoyuan Gas. 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.
Operating Income vs Interest Expense
Operating Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Qiaoyuan Gas Operating Income account and
Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Qiaoyuan's Operating Income and Interest Expense is 0.56. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Sichuan Qiaoyuan Gas, assuming nothing else is changed. The correlation between historical values of Sichuan Qiaoyuan's Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Sichuan Qiaoyuan Gas are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Sichuan Qiaoyuan's Operating Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Sichuan Qiaoyuan Gas 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 Sichuan Qiaoyuan Gas 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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Sichuan Qiaoyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Qiaoyuan Gas 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 Sichuan Qiaoyuan Gas. 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.
As of January 9, 2025,
Tax Provision is expected to decline to about 39.4
M. In addition to that,
Selling General Administrative is expected to decline to about 45.7
M | 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 18.0M | 6.6M | 5.9M | 10.6M | Interest Income | 1.7M | 3.1M | 2.8M | 2.6M |
Sichuan Qiaoyuan fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Qiaoyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Qiaoyuan fundamental ratios Accounts
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 Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Qiaoyuan Gas at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Qiaoyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Qiaoyuan 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.