603336 Stock | | | 5.08 0.11 2.21% |
Great Sun financial indicator trend analysis is much more than just examining Great Sun Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Sun Foods is a good investment. Please check the relationship between Great Sun Net Income From Continuing Ops and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Great Sun Foods Net Income From Continuing Ops account and
Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Great Sun's Net Income From Continuing Ops and Ebit is 0.78. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebit in the same time period over historical financial statements of Great Sun Foods Co, assuming nothing else is changed. The correlation between historical values of Great Sun's Net Income From Continuing Ops and Ebit 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 Great Sun Foods Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income From Continuing Ops i.e., Great Sun's Net Income From Continuing Ops and Ebit go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Great Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Sun Foods 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 Great Sun Foods 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 3, 2024,
Selling General Administrative is expected to decline to about 9.3
M. The current year's
Tax Provision is expected to grow to about (981.5
K)
Balance Sheet is a snapshot of the
financial position of Great Sun Foods at a specified time, usually calculated after every quarter, six months, or one year. Great Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great Sun 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 Great currently owns. An asset can also be divided into two categories, current and non-current.