Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec Net Income From Continuing Ops and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Orient Sec 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 From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orient Sec Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Orient Sec's Net Income From Continuing Ops and Operating Income is 0.22. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Orient Sec Co 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 Net Income From Continuing Ops i.e., Orient Sec's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Operating Income is the amount of profit realized from Orient Sec 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 Orient Sec Co 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 Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec 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.
Balance Sheet is a snapshot of the financial position of Orient Sec at a specified time, usually calculated after every quarter, six months, or one year. Orient Sec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orient Sec 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 Orient currently owns. An asset can also be divided into two categories, current and non-current.