603711 Stock | | | 17.36 0.96 5.85% |
Xiangpiaopiao Food financial indicator trend analysis is more than just analyzing Xiangpiaopiao Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangpiaopiao Food is a good investment. Please check the relationship between Xiangpiaopiao Food Interest Income and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangpiaopiao Food 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 board of governors.
Interest Income vs Net Income From Continuing Ops
Interest Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiangpiaopiao Food Interest Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xiangpiaopiao Food's Interest Income and Net Income From Continuing Ops is -0.41. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Xiangpiaopiao Food Co, assuming nothing else is changed. The correlation between historical values of Xiangpiaopiao Food's Interest Income and Net Income From Continuing Ops 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 Income of Xiangpiaopiao Food Co are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Income i.e., Xiangpiaopiao Food's Interest Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Net Income From Continuing Ops
Most indicators from Xiangpiaopiao Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangpiaopiao Food 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 Xiangpiaopiao Food 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 774.4
M. The current year's
Tax Provision is expected to grow to about 59.9
MXiangpiaopiao Food fundamental ratios Correlations
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Xiangpiaopiao Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiangpiaopiao Food fundamental ratios Accounts
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Other Information on Investing in Xiangpiaopiao Stock
Balance Sheet is a snapshot of the
financial position of Xiangpiaopiao Food at a specified time, usually calculated after every quarter, six months, or one year. Xiangpiaopiao Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiangpiaopiao Food 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 Xiangpiaopiao currently owns. An asset can also be divided into two categories, current and non-current.