601555 Stock | | | 8.08 0.01 0.12% |
Soochow Securities financial indicator trend analysis is much more than just breaking down Soochow Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soochow Securities is a good investment. Please check the relationship between Soochow Securities Reconciled Depreciation and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Soochow 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 nation.
Reconciled Depreciation vs Income Before Tax
Reconciled Depreciation vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Soochow Securities Reconciled Depreciation account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Soochow Securities' Reconciled Depreciation and Income Before Tax is 0.47. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Soochow Securities Co, assuming nothing else is changed. The correlation between historical values of Soochow Securities' Reconciled Depreciation and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Soochow Securities Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Reconciled Depreciation i.e., Soochow Securities' Reconciled Depreciation and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Reconciled Depreciation
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Soochow Securities income statement and is an important metric when analyzing Soochow 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.
Most indicators from Soochow Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soochow 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 Soochow 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 nation.
As of December 23, 2024,
Selling General Administrative is expected to decline to about 946.1
M. In addition to that,
Tax Provision is expected to decline to about 477.2
MSoochow Securities fundamental ratios Correlations
Click cells to compare fundamentals
Soochow Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soochow Securities fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Soochow Stock
Balance Sheet is a snapshot of the
financial position of Soochow Securities at a specified time, usually calculated after every quarter, six months, or one year. Soochow Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Soochow 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 Soochow currently owns. An asset can also be divided into two categories, current and non-current.