Beken Corp financial indicator trend analysis is way more than just evaluating Beken Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beken Corp is a good investment. Please check the relationship between Beken Corp Net Income From Continuing Ops and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beken Corp. 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 Other Operating Expenses
Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beken Corp Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Beken Corp's Net Income From Continuing Ops and Other Operating Expenses is -0.86. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Beken Corp, assuming nothing else is changed. The correlation between historical values of Beken Corp's Net Income From Continuing Ops and Other Operating Expenses 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 Beken Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Beken Corp's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Beken Corp. It is also known as Beken Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Beken Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beken Corp 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 Beken Corp. 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 Beken Corp at a specified time, usually calculated after every quarter, six months, or one year. Beken Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beken Corp 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 Beken currently owns. An asset can also be divided into two categories, current and non-current.