Liuzhou Ebit vs Operating Income Analysis
601003 Stock | 2.69 0.03 1.10% |
Liuzhou Iron financial indicator trend analysis is infinitely more than just investigating Liuzhou Iron Steel recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liuzhou Iron Steel is a good investment. Please check the relationship between Liuzhou Iron Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Liuzhou Iron Steel. 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.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liuzhou Iron Steel Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Liuzhou Iron's Ebit and Operating Income is 0.94. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Liuzhou Iron Steel, assuming nothing else is changed. The correlation between historical values of Liuzhou Iron's Ebit 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 Ebit of Liuzhou Iron Steel 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 Ebit i.e., Liuzhou Iron's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Operating Income
Operating Income is the amount of profit realized from Liuzhou Iron Steel 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 Liuzhou Iron Steel 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 Liuzhou Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liuzhou Iron Steel 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 Liuzhou Iron Steel. 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 January 6, 2025, Selling General Administrative is expected to decline to about 119.8 M. The current year's Tax Provision is expected to grow to about (167.8 M)
Liuzhou Iron fundamental ratios Correlations
Click cells to compare fundamentals
Liuzhou Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liuzhou Iron fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 60.6B | 72.6B | 71.4B | 68.6B | 78.9B | 82.8B | |
Other Current Liab | 2.6B | 5.2B | 3.2B | 1.4B | 1.7B | 1.6B | |
Total Current Liabilities | 19.3B | 29.0B | 27.1B | 25.8B | 29.7B | 31.2B | |
Total Stockholder Equity | 11.8B | 12.6B | 9.8B | 8.8B | 10.1B | 6.9B | |
Retained Earnings | 9.1B | 9.9B | 4.9B | 3.9B | 4.5B | 3.7B | |
Accounts Payable | 11.6B | 14.0B | 14.9B | 12.0B | 13.8B | 14.5B | |
Cash | 4.2B | 4.2B | 8.8B | 6.7B | 7.8B | 8.1B | |
Other Assets | 76.7M | 54.3M | 679.3M | 381.8M | 439.1M | 461.0M | |
Net Receivables | 153.3M | 780.6M | 768.4M | 757.4M | 871.1M | 827.5M | |
Inventory | 9.2B | 16.5B | 8.4B | 9.3B | 10.7B | 6.3B | |
Other Current Assets | 2.9B | 2.6B | 3.2B | 146.6M | 168.6M | 160.1M | |
Total Liab | 35.7B | 46.0B | 48.8B | 47.3B | 54.4B | 57.1B | |
Property Plant Equipment | 31.6B | 39.0B | 43.1B | 45.8B | 52.7B | 55.3B | |
Long Term Debt | 16.1B | 16.7B | 21.4B | 21.2B | 24.3B | 25.5B | |
Other Liab | 71.4M | 317.2M | 295.8M | 329.2M | 378.6M | 397.5M | |
Net Tangible Assets | 10.5B | 12.3B | 10.5B | 11.2B | 12.9B | 9.6B | |
Other Stockholder Equity | 2.2M | 4.9M | 3.8M | 4.8M | 4.3M | 3.3M | |
Short Long Term Debt | 2.8B | 6.0B | 2.4B | 3.0B | 2.7B | 3.4B | |
Total Current Assets | 19.6B | 27.7B | 23.3B | 19.8B | 22.7B | 19.4B | |
Non Current Assets Total | 41.0B | 44.9B | 48.1B | 48.8B | 56.1B | 31.0B | |
Non Currrent Assets Other | 410.0M | 167.2M | 88.0M | 263.2M | 236.9M | 225.0M | |
Non Current Liabilities Total | 16.4B | 17.0B | 21.7B | 21.5B | 24.7B | 26.0B | |
Net Debt | 14.6B | 18.5B | 15.0B | 17.4B | 20.1B | 11.1B | |
Net Invested Capital | 30.6B | 35.3B | 33.6B | 33.0B | 38.0B | 28.2B | |
Net Working Capital | 242.7M | (1.2B) | (3.8B) | (6.0B) | (5.4B) | (5.2B) | |
Intangible Assets | 1.3B | 1.3B | 1.3B | 1.4B | 1.6B | 844.6M | |
Property Plant And Equipment Net | 39.0B | 43.1B | 45.8B | 46.0B | 52.9B | 40.3B | |
Property Plant And Equipment Gross | 50.9B | 56.8B | 45.8B | 64.2B | 73.8B | 52.2B |
Currently Active Assets on Macroaxis
BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin | |
ADA | Cardano | |
XRP | XRP |
Other Information on Investing in Liuzhou Stock
Balance Sheet is a snapshot of the financial position of Liuzhou Iron Steel at a specified time, usually calculated after every quarter, six months, or one year. Liuzhou Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Liuzhou Iron 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 Liuzhou currently owns. An asset can also be divided into two categories, current and non-current.