603319 Stock | | | 40.06 2.72 6.36% |
Hunan Oil financial indicator trend analysis is much more than just examining Hunan Oil Pump latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Oil Pump is a good investment. Please check the relationship between Hunan Oil Other Operating Expenses and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Oil Pump. 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.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hunan Oil Pump Other Operating Expenses account and
Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hunan Oil's Other Operating Expenses and Net Interest Income is -0.69. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Hunan Oil Pump, assuming nothing else is changed. The correlation between historical values of Hunan Oil's Other Operating Expenses 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 Other Operating Expenses of Hunan Oil Pump 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 Other Operating Expenses i.e., Hunan Oil's Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hunan Oil Pump. It is also known as Hunan Oil 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.
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 Hunan Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Oil Pump 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 Hunan Oil Pump. 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 March 11, 2025,
Selling General Administrative is expected to decline to about 51.7
M. In addition to that,
Tax Provision is expected to decline to about 16.8
MHunan Oil fundamental ratios Correlations
Click cells to compare fundamentals
Hunan Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hunan Oil fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hunan Stock
Balance Sheet is a snapshot of the
financial position of Hunan Oil Pump at a specified time, usually calculated after every quarter, six months, or one year. Hunan Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan Oil 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 Hunan currently owns. An asset can also be divided into two categories, current and non-current.