Shaanxi Interest Expense vs Net Interest Income Analysis

601568 Stock   4.57  0.09  2.01%   
Shaanxi Beiyuan financial indicator trend analysis is much more than just breaking down Shaanxi Beiyuan Chemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Beiyuan Chemical is a good investment. Please check the relationship between Shaanxi Beiyuan Interest Expense and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Beiyuan Chemical. 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.

Interest Expense vs Net Interest Income

Interest Expense vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Beiyuan Chemical Interest Expense account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Shaanxi Beiyuan's Interest Expense and Net Interest Income is -0.97. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Shaanxi Beiyuan Chemical, assuming nothing else is changed. The correlation between historical values of Shaanxi Beiyuan's Interest Expense and Net 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 Interest Expense of Shaanxi Beiyuan Chemical are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Expense i.e., Shaanxi Beiyuan's Interest Expense and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Shaanxi Beiyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan Chemical. 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 12, 2024, Tax Provision is expected to decline to about 49.9 M. In addition to that, Selling General Administrative is expected to decline to about 311.8 M
 2021 2022 2023 2024 (projected)
Interest Expense533.6K116.5K922.2K876.1K
Interest Income170.7M222.3M183.1M135.3M

Shaanxi Beiyuan fundamental ratios Correlations

-0.97-0.631.0-0.50.910.880.99-0.840.33-0.970.550.81-0.980.730.67-0.911.00.990.770.99-0.82-0.70.670.64-0.85
-0.970.7-0.980.55-0.78-0.8-0.960.76-0.451.0-0.49-0.910.99-0.59-0.760.95-0.98-0.95-0.87-0.960.80.62-0.71-0.710.85
-0.630.7-0.630.84-0.41-0.37-0.540.74-0.740.690.08-0.740.6-0.31-0.580.88-0.64-0.54-0.69-0.550.790.74-0.73-0.780.54
1.0-0.98-0.63-0.470.890.850.99-0.810.32-0.980.570.82-0.990.70.7-0.911.00.990.790.99-0.8-0.650.670.64-0.84
-0.50.550.84-0.47-0.24-0.5-0.410.74-0.940.540.44-0.740.47-0.26-0.590.72-0.48-0.4-0.69-0.390.850.84-0.79-0.920.67
0.91-0.78-0.410.89-0.240.830.9-0.81-0.02-0.80.670.49-0.840.810.37-0.710.890.920.460.91-0.67-0.650.430.35-0.65
0.88-0.8-0.370.85-0.50.830.88-0.810.33-0.810.350.7-0.850.720.58-0.690.850.880.680.85-0.8-0.730.620.64-0.91
0.99-0.96-0.540.99-0.410.90.88-0.770.27-0.970.610.8-0.990.750.71-0.860.991.00.791.0-0.78-0.610.670.61-0.86
-0.840.760.74-0.810.74-0.81-0.81-0.77-0.480.76-0.13-0.650.75-0.7-0.470.83-0.81-0.79-0.6-0.770.930.97-0.69-0.710.75
0.33-0.45-0.740.32-0.94-0.020.330.27-0.48-0.44-0.540.74-0.350.030.63-0.60.320.230.710.23-0.68-0.610.740.89-0.6
-0.971.00.69-0.980.54-0.8-0.81-0.970.76-0.44-0.5-0.90.99-0.61-0.760.95-0.98-0.96-0.86-0.970.80.62-0.71-0.710.85
0.55-0.490.080.570.440.670.350.61-0.13-0.54-0.50.15-0.570.460.16-0.290.570.630.160.65-0.020.12-0.05-0.21-0.19
0.81-0.91-0.740.82-0.740.490.70.8-0.650.74-0.90.15-0.870.410.9-0.90.820.770.980.78-0.82-0.60.850.9-0.89
-0.980.990.6-0.990.47-0.84-0.85-0.990.75-0.350.99-0.57-0.87-0.65-0.750.91-0.99-0.98-0.84-0.990.780.59-0.68-0.660.86
0.73-0.59-0.310.7-0.260.810.720.75-0.70.03-0.610.460.41-0.650.54-0.550.70.740.50.72-0.71-0.630.640.45-0.67
0.67-0.76-0.580.7-0.590.370.580.71-0.470.63-0.760.160.9-0.750.54-0.740.680.650.970.67-0.74-0.440.920.85-0.85
-0.910.950.88-0.910.72-0.71-0.69-0.860.83-0.60.95-0.29-0.90.91-0.55-0.74-0.92-0.86-0.85-0.870.870.74-0.78-0.80.79
1.0-0.98-0.641.0-0.480.890.850.99-0.810.32-0.980.570.82-0.990.70.68-0.920.990.790.99-0.8-0.660.670.64-0.83
0.99-0.95-0.540.99-0.40.920.881.0-0.790.23-0.960.630.77-0.980.740.65-0.860.990.741.0-0.77-0.630.620.58-0.83
0.77-0.87-0.690.79-0.690.460.680.79-0.60.71-0.860.160.98-0.840.50.97-0.850.790.740.76-0.81-0.560.910.91-0.91
0.99-0.96-0.550.99-0.390.910.851.0-0.770.23-0.970.650.78-0.990.720.67-0.870.991.00.76-0.75-0.60.620.57-0.82
-0.820.80.79-0.80.85-0.67-0.8-0.780.93-0.680.8-0.02-0.820.78-0.71-0.740.87-0.8-0.77-0.81-0.750.93-0.9-0.910.89
-0.70.620.74-0.650.84-0.65-0.73-0.610.97-0.610.620.12-0.60.59-0.63-0.440.74-0.66-0.63-0.56-0.60.93-0.72-0.760.71
0.67-0.71-0.730.67-0.790.430.620.67-0.690.74-0.71-0.050.85-0.680.640.92-0.780.670.620.910.62-0.9-0.720.95-0.86
0.64-0.71-0.780.64-0.920.350.640.61-0.710.89-0.71-0.210.9-0.660.450.85-0.80.640.580.910.57-0.91-0.760.95-0.87
-0.850.850.54-0.840.67-0.65-0.91-0.860.75-0.60.85-0.19-0.890.86-0.67-0.850.79-0.83-0.83-0.91-0.820.890.71-0.86-0.87
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Other Information on Investing in Shaanxi Stock

Balance Sheet is a snapshot of the financial position of Shaanxi Beiyuan Chemical at a specified time, usually calculated after every quarter, six months, or one year. Shaanxi Beiyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shaanxi Beiyuan 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 Shaanxi currently owns. An asset can also be divided into two categories, current and non-current.