Suzhou Income Before Tax vs Net Interest Income Analysis

688355 Stock

18.51 0.27 1.48%

Suzhou Mingzhi financial indicator trend analysis is much more than just breaking down Suzhou Mingzhi Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Mingzhi Technology is a good investment. Please check the relationship between Suzhou Mingzhi Income Before Tax and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Mingzhi Technology. 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.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Mingzhi Technology Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Suzhou Mingzhi's Income Before Tax and Net Interest Income is -0.16. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Suzhou Mingzhi Technology, assuming nothing else is changed. The correlation between historical values of Suzhou Mingzhi's Income Before Tax and Net Interest 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 Income Before Tax of Suzhou Mingzhi Technology are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Suzhou Mingzhi's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Suzhou Mingzhi income statement and is an important metric when analyzing Suzhou Mingzhi Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Suzhou Mingzhi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Mingzhi Technology 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 Mingzhi Technology. 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 (4 M). In addition to that, Selling General Administrative is expected to decline to about 27.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	1.3M	2.6M	2.9M	2.2M
Interest Income	3.5M	3.1M	2.3M	2.6M

Interest Expense Interest Income

Suzhou Mingzhi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		-0.86	-0.62	1.0	0.96	0.88	0.51	0.81	0.81	0.7	0.91	0.96	-0.92	0.37	0.69	-0.68	1.0	-0.41	0.99	0.96	0.71	0.99	0.81	0.74	0.78	0.8
Other Current Liab	-0.86		0.84	-0.88	-0.95	-0.8	-0.73	-0.73	-0.64	-0.73	-0.68	-0.83	0.83	-0.15	-0.71	0.87	-0.87	0.59	-0.84	-0.83	-0.5	-0.87	-0.75	-0.69	-0.74	-0.74
Total Current Liabilities	-0.62	0.84		-0.66	-0.75	-0.65	-0.93	-0.56	-0.19	-0.78	-0.42	-0.66	0.71	0.13	-0.72	1.0	-0.62	0.85	-0.6	-0.66	-0.31	-0.64	-0.52	-0.59	-0.61	-0.63
Total Stockholder Equity	1.0	-0.88	-0.66		0.98	0.88	0.56	0.8	0.79	0.71	0.89	0.96	-0.93	0.3	0.69	-0.71	1.0	-0.46	0.98	0.96	0.69	0.99	0.79	0.74	0.76	0.8
Retained Earnings	0.96	-0.95	-0.75	0.98		0.89	0.66	0.76	0.75	0.72	0.82	0.92	-0.93	0.18	0.67	-0.8	0.97	-0.57	0.95	0.92	0.59	0.97	0.75	0.7	0.72	0.76
Accounts Payable	0.88	-0.8	-0.65	0.88	0.89		0.46	0.44	0.77	0.42	0.91	0.74	-0.98	0.14	0.42	-0.72	0.87	-0.54	0.93	0.74	0.29	0.93	0.47	0.37	0.49	0.46
Cash	0.51	-0.73	-0.93	0.56	0.66	0.46		0.58	0.0	0.84	0.22	0.64	-0.57	-0.34	0.66	-0.92	0.51	-0.9	0.46	0.64	0.36	0.53	0.45	0.64	0.51	0.64
Non Current Assets Total	0.81	-0.73	-0.56	0.8	0.76	0.44	0.58		0.48	0.91	0.56	0.92	-0.56	0.43	0.9	-0.57	0.81	-0.26	0.7	0.92	0.95	0.71	0.96	0.99	0.92	0.99
Non Currrent Assets Other	0.81	-0.64	-0.19	0.79	0.75	0.77	0.0	0.48		0.2	0.89	0.64	-0.72	0.52	0.29	-0.26	0.82	0.04	0.85	0.64	0.44	0.82	0.59	0.36	0.5	0.43
Long Term Debt	0.7	-0.73	-0.78	0.71	0.72	0.42	0.84	0.91	0.2		0.39	0.85	-0.56	0.15	0.92	-0.78	0.7	-0.57	0.6	0.85	0.8	0.63	0.82	0.95	0.84	0.95
Net Receivables	0.91	-0.68	-0.42	0.89	0.82	0.91	0.22	0.56	0.89	0.39		0.78	-0.9	0.49	0.48	-0.5	0.91	-0.21	0.95	0.78	0.5	0.92	0.63	0.46	0.62	0.54
Common Stock Shares Outstanding	0.96	-0.83	-0.66	0.96	0.92	0.74	0.64	0.92	0.64	0.85	0.78		-0.83	0.31	0.8	-0.71	0.96	-0.47	0.91	1.0	0.83	0.92	0.87	0.88	0.84	0.92
Non Current Liabilities Total	-0.92	0.83	0.71	-0.93	-0.93	-0.98	-0.57	-0.56	-0.72	-0.56	-0.9	-0.83		-0.12	-0.52	0.78	-0.91	0.62	-0.96	-0.83	-0.41	-0.96	-0.55	-0.5	-0.57	-0.57
Inventory	0.37	-0.15	0.13	0.3	0.18	0.14	-0.34	0.43	0.52	0.15	0.49	0.31	-0.12		0.47	0.11	0.37	0.59	0.32	0.31	0.55	0.25	0.62	0.39	0.63	0.41
Other Current Assets	0.69	-0.71	-0.72	0.69	0.67	0.42	0.66	0.9	0.29	0.92	0.48	0.8	-0.52	0.47		-0.71	0.69	-0.34	0.6	0.8	0.81	0.6	0.9	0.93	0.97	0.94
Total Liab	-0.68	0.87	1.0	-0.71	-0.8	-0.72	-0.92	-0.57	-0.26	-0.78	-0.5	-0.71	0.78	0.11	-0.71		-0.68	0.85	-0.67	-0.71	-0.33	-0.71	-0.54	-0.6	-0.62	-0.64
Net Invested Capital	1.0	-0.87	-0.62	1.0	0.97	0.87	0.51	0.81	0.82	0.7	0.91	0.96	-0.91	0.37	0.69	-0.68		-0.4	0.99	0.96	0.71	0.99	0.82	0.74	0.78	0.8
Short Long Term Debt	-0.41	0.59	0.85	-0.46	-0.57	-0.54	-0.9	-0.26	0.04	-0.57	-0.21	-0.47	0.62	0.59	-0.34	0.85	-0.4		-0.42	-0.47	-0.04	-0.48	-0.12	-0.31	-0.18	-0.33
Total Current Assets	0.99	-0.84	-0.6	0.98	0.95	0.93	0.46	0.7	0.85	0.6	0.95	0.91	-0.96	0.32	0.6	-0.67	0.99	-0.42		0.91	0.6	1.0	0.72	0.63	0.69	0.7
Capital Stock	0.96	-0.83	-0.66	0.96	0.92	0.74	0.64	0.92	0.64	0.85	0.78	1.0	-0.83	0.31	0.8	-0.71	0.96	-0.47	0.91		0.83	0.92	0.87	0.88	0.84	0.92
Non Current Liabilities Other	0.71	-0.5	-0.31	0.69	0.59	0.29	0.36	0.95	0.44	0.8	0.5	0.83	-0.41	0.55	0.81	-0.33	0.71	-0.04	0.6	0.83		0.59	0.91	0.94	0.86	0.93
Net Working Capital	0.99	-0.87	-0.64	0.99	0.97	0.93	0.53	0.71	0.82	0.63	0.92	0.92	-0.96	0.25	0.6	-0.71	0.99	-0.48	1.0	0.92	0.59		0.71	0.64	0.68	0.71
Intangible Assets	0.81	-0.75	-0.52	0.79	0.75	0.47	0.45	0.96	0.59	0.82	0.63	0.87	-0.55	0.62	0.9	-0.54	0.82	-0.12	0.72	0.87	0.91	0.71		0.94	0.97	0.95
Property Plant And Equipment Net	0.74	-0.69	-0.59	0.74	0.7	0.37	0.64	0.99	0.36	0.95	0.46	0.88	-0.5	0.39	0.93	-0.6	0.74	-0.31	0.63	0.88	0.94	0.64	0.94		0.92	1.0
Capital Lease Obligations	0.78	-0.74	-0.61	0.76	0.72	0.49	0.51	0.92	0.5	0.84	0.62	0.84	-0.57	0.63	0.97	-0.62	0.78	-0.18	0.69	0.84	0.86	0.68	0.97	0.92		0.94
Property Plant And Equipment Gross	0.8	-0.74	-0.63	0.8	0.76	0.46	0.64	0.99	0.43	0.95	0.54	0.92	-0.57	0.41	0.94	-0.64	0.8	-0.33	0.7	0.92	0.93	0.71	0.95	1.0	0.94

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Other Information on Investing in Suzhou Stock

Balance Sheet is a snapshot of the financial position of Suzhou Mingzhi Technology at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Mingzhi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Mingzhi 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.

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Suzhou Income Before Tax vs Net Interest Income Analysis

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Interest Income

Suzhou Mingzhi fundamental ratios Correlations

Suzhou Mingzhi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Suzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Net Working Capital	+ 1.0	Total Current Assets

Non Current Liabilities Total	- 0.98	Accounts Payable
Net Working Capital	- 0.96	Non Current Liabilities Total
Total Current Assets	- 0.96	Non Current Liabilities Total
Retained Earnings	- 0.95	Other Current Liab
Non Current Liabilities Total	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Total Stockholder Equity