603219 Stock | | | 14.68 0.24 1.61% |
Ningbo Fujia financial indicator trend analysis is infinitely more than just investigating Ningbo Fujia Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Fujia Industrial is a good investment. Please check the relationship between Ningbo Fujia Interest Expense and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Fujia Industrial. 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.
Interest Expense vs Total Revenue
Interest Expense vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Fujia Industrial Interest Expense account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ningbo Fujia's Interest Expense and Total Revenue is 0.3. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ningbo Fujia Industrial, assuming nothing else is changed. The correlation between historical values of Ningbo Fujia's Interest Expense and Total Revenue 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 Ningbo Fujia Industrial are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Expense i.e., Ningbo Fujia's Interest Expense and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Total Revenue
Total revenue comprises all receipts Ningbo Fujia Industrial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Ningbo Fujia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Fujia Industrial 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 Ningbo Fujia Industrial. 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 December 27, 2024,
Selling General Administrative is expected to decline to about 32.4
M. In addition to that,
Tax Provision is expected to decline to about 34.7
MNingbo Fujia fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo Fujia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo Fujia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo Fujia Industrial at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Fujia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Fujia 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.