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 Reconciled Depreciation and its Ebitda 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Amoytop Biotech Reconciled Depreciation account and
Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen Amoytop's Reconciled Depreciation and Ebitda is 0.91. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebitda 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 Reconciled Depreciation and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Xiamen Amoytop Biotech are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Reconciled Depreciation i.e., Xiamen Amoytop's Reconciled Depreciation and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
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.