Suzhou Net Income vs Other Non Cash Items Analysis
688261 Stock | 48.40 0.34 0.71% |
Suzhou Oriental financial indicator trend analysis is much more than just breaking down Suzhou Oriental Semi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Oriental Semi is a good investment. Please check the relationship between Suzhou Oriental Net Income and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Oriental Semiconductor. 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 vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Oriental Semi Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suzhou Oriental's Net Income and Other Non Cash Items is 0.65. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Suzhou Oriental Semiconductor, assuming nothing else is changed. The correlation between historical values of Suzhou Oriental's Net Income and Other Non Cash Items 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 of Suzhou Oriental Semiconductor are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Suzhou Oriental's Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Suzhou Oriental Semi financial statement analysis. It represents the amount of money remaining after all of Suzhou Oriental Semiconductor operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Non Cash Items
Most indicators from Suzhou Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Oriental Semi 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 Suzhou Oriental Semiconductor. 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 current year's Tax Provision is expected to grow to about 17.7 M, whereas Selling General Administrative is forecasted to decline to about 13.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 5.9M | 27.0M | 39.9M | 41.9M | Tax Provision | 21.9M | 42.7M | 10.2M | 17.7M |
Suzhou Oriental fundamental ratios Correlations
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Suzhou Oriental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Suzhou Stock
Balance Sheet is a snapshot of the financial position of Suzhou Oriental Semi at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Oriental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Oriental 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.