688278 Stock | | | 79.77 0.51 0.64% |
Xiamen Amoytop financial indicator trend analysis is more than just analyzing Xiamen Amoytop Biotech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Amoytop Biotech is a good investment. Please check the relationship between Xiamen Amoytop Change To Liabilities and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Amoytop Biotech. 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.
Change To Liabilities vs Net Income
Change To Liabilities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Amoytop Biotech Change To Liabilities account and
Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xiamen Amoytop's Change To Liabilities and Net Income is -0.54. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Income in the same time period over historical financial statements of Xiamen Amoytop Biotech, assuming nothing else is changed. The correlation between historical values of Xiamen Amoytop's Change To Liabilities and Net 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 Change To Liabilities of Xiamen Amoytop Biotech are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Liabilities i.e., Xiamen Amoytop's Change To Liabilities and Net Income go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Liabilities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xiamen Amoytop Biotech financial statement analysis. It represents the amount of money remaining after all of Xiamen Amoytop Biotech operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Xiamen Amoytop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Amoytop Biotech 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 Xiamen Amoytop Biotech. 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 102.9
M, whereas
Selling General Administrative is forecasted to decline to about 531.3
M.
Xiamen Amoytop fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Amoytop Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Amoytop fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Amoytop Biotech at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Amoytop Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Amoytop 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.