Caitong Securities financial indicator trend analysis is way more than just evaluating Caitong Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caitong Securities is a good investment. Please check the relationship between Caitong Securities Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caitong Securities 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 board of governors.
Income Before Tax vs Net Income
Income Before Tax vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caitong Securities Income Before Tax account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Caitong Securities' Income Before Tax and Net Income is 0.65. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Caitong Securities Co, assuming nothing else is changed. The correlation between historical values of Caitong Securities' Income Before Tax and Net 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 Income Before Tax of Caitong Securities Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Caitong Securities' Income Before Tax and Net Income go up and down completely randomly.
Income Before Tax which can also be referred as pre-tax income is reported on Caitong Securities income statement and is an important metric when analyzing Caitong Securities profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Caitong Securities financial statement analysis. It represents the amount of money remaining after all of Caitong Securities Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Caitong Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caitong Securities 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 Caitong Securities 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 board of governors.
Balance Sheet is a snapshot of the financial position of Caitong Securities at a specified time, usually calculated after every quarter, six months, or one year. Caitong Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Caitong Securities 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 Caitong currently owns. An asset can also be divided into two categories, current and non-current.