600256 Stock | | | 6.47 0.02 0.31% |
Guanghui Energy financial indicator trend analysis is much more than just examining Guanghui Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guanghui Energy is a good investment. Please check the relationship between Guanghui Energy Net Income and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guanghui Energy Co. 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 vs Interest Income
Net Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guanghui Energy Net Income account and
Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guanghui Energy's Net Income and Interest Income is 0.78. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Guanghui Energy Co, assuming nothing else is changed. The correlation between historical values of Guanghui Energy's Net Income and 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 of Guanghui Energy Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., Guanghui Energy's Net Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Guanghui Energy financial statement analysis. It represents the amount of money remaining after all of Guanghui Energy Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
Most indicators from Guanghui Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guanghui Energy 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 Guanghui Energy Co. 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 6, 2025,
Selling General Administrative is expected to decline to about 401.6
M. In addition to that,
Tax Provision is expected to decline to about 992.2
MGuanghui Energy fundamental ratios Correlations
Click cells to compare fundamentals
Guanghui Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guanghui Energy fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guanghui Stock
Balance Sheet is a snapshot of the
financial position of Guanghui Energy at a specified time, usually calculated after every quarter, six months, or one year. Guanghui Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guanghui Energy 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 Guanghui currently owns. An asset can also be divided into two categories, current and non-current.