AVIC Net Income vs Selling General Administrative Analysis

688297 Stock   41.44  0.14  0.34%   
AVIC UAS financial indicator trend analysis is way more than just evaluating AVIC UAS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AVIC UAS is a good investment. Please check the relationship between AVIC UAS Net Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVIC UAS 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.

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AVIC UAS Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between AVIC UAS's Net Income and Selling General Administrative is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of AVIC UAS Co, assuming nothing else is changed. The correlation between historical values of AVIC UAS's Net Income and Selling General Administrative 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 AVIC UAS Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., AVIC UAS's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AVIC UAS financial statement analysis. It represents the amount of money remaining after all of AVIC UAS Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Selling General Administrative

Most indicators from AVIC UAS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AVIC UAS 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 AVIC UAS 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 current year's Tax Provision is expected to grow to about 32.9 M, whereas Selling General Administrative is forecasted to decline to about 53.5 M.
 2021 2022 2023 2024 (projected)
Net Interest Income3.9M46.9M93.0M97.7M
Tax Provision34.2M35.2M25.4M32.9M

AVIC UAS fundamental ratios Correlations

0.830.911.00.880.990.960.91-0.87-0.860.580.97-0.860.890.921.00.931.01.00.45-0.630.640.65
0.830.930.810.470.780.690.64-0.66-0.660.060.68-0.650.850.910.810.590.840.810.42-0.190.930.23
0.910.930.880.640.890.870.78-0.88-0.880.220.84-0.880.981.00.880.780.910.880.65-0.420.780.45
1.00.810.880.90.990.960.91-0.85-0.840.620.97-0.830.860.91.00.931.01.00.41-0.650.610.67
0.880.470.640.90.910.920.92-0.77-0.780.890.95-0.770.660.680.90.960.870.890.29-0.870.210.87
0.990.780.890.990.910.980.92-0.9-0.90.630.99-0.890.890.910.990.960.990.990.5-0.680.570.7
0.960.690.870.960.920.980.93-0.95-0.950.661.0-0.950.90.90.960.990.950.950.58-0.740.450.76
0.910.640.780.910.920.920.93-0.79-0.820.720.93-0.810.760.80.910.910.910.910.32-0.880.330.9
-0.87-0.66-0.88-0.85-0.77-0.9-0.95-0.791.0-0.45-0.921.0-0.95-0.91-0.85-0.92-0.86-0.84-0.820.58-0.47-0.6
-0.86-0.66-0.88-0.84-0.78-0.9-0.95-0.821.0-0.46-0.921.0-0.95-0.91-0.84-0.92-0.86-0.84-0.80.62-0.44-0.64
0.580.060.220.620.890.630.660.72-0.45-0.460.7-0.460.250.270.620.750.580.62-0.04-0.88-0.20.86
0.970.680.840.970.950.991.00.93-0.92-0.920.7-0.920.870.870.970.990.960.970.53-0.750.450.76
-0.86-0.65-0.88-0.83-0.77-0.89-0.95-0.811.01.0-0.46-0.92-0.94-0.91-0.84-0.92-0.85-0.83-0.810.62-0.44-0.64
0.890.850.980.860.660.890.90.76-0.95-0.950.250.87-0.940.990.860.830.880.860.77-0.430.70.47
0.920.911.00.90.680.910.90.8-0.91-0.910.270.87-0.910.990.90.820.920.90.67-0.450.750.49
1.00.810.881.00.90.990.960.91-0.85-0.840.620.97-0.840.860.90.931.01.00.41-0.660.610.67
0.930.590.780.930.960.960.990.91-0.92-0.920.750.99-0.920.830.820.930.920.930.54-0.780.350.79
1.00.840.911.00.870.990.950.91-0.86-0.860.580.96-0.850.880.921.00.921.00.44-0.630.640.65
1.00.810.881.00.890.990.950.91-0.84-0.840.620.97-0.830.860.91.00.931.00.4-0.650.620.67
0.450.420.650.410.290.50.580.32-0.82-0.8-0.040.53-0.810.770.670.410.540.440.4-0.130.360.15
-0.63-0.19-0.42-0.65-0.87-0.68-0.74-0.880.580.62-0.88-0.750.62-0.43-0.45-0.66-0.78-0.63-0.65-0.130.15-1.0
0.640.930.780.610.210.570.450.33-0.47-0.44-0.20.45-0.440.70.750.610.350.640.620.360.15-0.12
0.650.230.450.670.870.70.760.9-0.6-0.640.860.76-0.640.470.490.670.790.650.670.15-1.0-0.12
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AVIC UAS Account Relationship Matchups

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Other Information on Investing in AVIC Stock

Balance Sheet is a snapshot of the financial position of AVIC UAS at a specified time, usually calculated after every quarter, six months, or one year. AVIC UAS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AVIC UAS 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 AVIC currently owns. An asset can also be divided into two categories, current and non-current.