Suzhou Operating Income vs Ebitda Analysis

688355 Stock   19.20  0.94  4.67%   
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 Operating Income and its Ebitda 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.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Mingzhi Technology Operating Income account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Suzhou Mingzhi's Operating Income and Ebitda is -0.51. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda 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 Operating Income 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 Operating Income of Suzhou Mingzhi Technology 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 Operating Income i.e., Suzhou Mingzhi's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Suzhou Mingzhi Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Suzhou Mingzhi Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

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 (3.6 M). In addition to that, Selling General Administrative is expected to decline to about 23.5 M
 2022 2023 2024 2025 (projected)
Interest Expense2.6M2.9M2.6M2.2M
Interest Income3.1M2.3M2.7M2.6M

Suzhou Mingzhi fundamental ratios Correlations

-0.87-0.721.00.970.860.680.850.760.730.910.99-0.90.510.77-0.761.0-0.540.980.990.790.980.860.810.830.84
-0.870.86-0.89-0.95-0.82-0.73-0.73-0.67-0.69-0.72-0.850.84-0.29-0.750.89-0.880.64-0.86-0.85-0.58-0.89-0.75-0.7-0.78-0.73
-0.720.86-0.74-0.81-0.68-0.92-0.69-0.3-0.83-0.51-0.760.74-0.12-0.81.0-0.710.84-0.68-0.76-0.53-0.71-0.67-0.71-0.7-0.73
1.0-0.89-0.740.980.870.70.840.750.720.890.98-0.910.460.75-0.781.0-0.590.980.980.780.990.840.80.810.84
0.97-0.95-0.810.980.890.740.80.720.720.840.95-0.920.350.74-0.850.97-0.660.960.950.70.980.80.770.780.8
0.86-0.82-0.680.870.890.50.490.810.580.920.83-0.980.240.49-0.730.86-0.640.930.830.390.930.520.440.560.5
0.68-0.73-0.920.70.740.50.80.10.850.380.74-0.590.120.77-0.910.67-0.810.590.740.680.620.730.830.640.83
0.85-0.73-0.690.840.80.490.80.410.790.60.89-0.580.60.89-0.70.85-0.410.740.890.980.740.980.990.891.0
0.76-0.67-0.30.750.720.810.10.410.320.910.68-0.760.530.38-0.360.77-0.110.830.680.370.810.50.320.580.38
0.73-0.69-0.830.720.720.580.850.790.320.580.81-0.610.530.84-0.830.72-0.560.660.810.710.650.810.810.780.83
0.91-0.72-0.510.890.840.920.380.60.910.580.88-0.910.560.56-0.570.9-0.370.950.880.570.930.650.540.690.59
0.99-0.85-0.760.980.950.830.740.890.680.810.88-0.870.540.82-0.790.98-0.570.961.00.840.950.890.860.860.89
-0.90.840.74-0.91-0.92-0.98-0.59-0.58-0.76-0.61-0.91-0.87-0.23-0.580.79-0.890.71-0.95-0.87-0.48-0.96-0.58-0.54-0.62-0.59
0.51-0.29-0.120.460.350.240.120.60.530.530.560.54-0.230.6-0.140.520.320.450.540.670.390.720.570.740.58
0.77-0.75-0.80.750.740.490.770.890.380.840.560.82-0.580.6-0.80.76-0.440.670.820.840.670.90.910.960.92
-0.760.891.0-0.78-0.85-0.73-0.91-0.7-0.36-0.83-0.57-0.790.79-0.14-0.8-0.750.85-0.73-0.79-0.54-0.76-0.67-0.71-0.71-0.74
1.0-0.88-0.711.00.970.860.670.850.770.720.90.98-0.890.520.76-0.75-0.530.980.980.790.980.860.810.840.84
-0.540.640.84-0.59-0.66-0.64-0.81-0.41-0.11-0.56-0.37-0.570.710.32-0.440.85-0.53-0.55-0.57-0.26-0.6-0.31-0.43-0.28-0.45
0.98-0.86-0.680.980.960.930.590.740.830.660.950.96-0.950.450.67-0.730.98-0.550.960.681.00.760.690.750.73
0.99-0.85-0.760.980.950.830.740.890.680.810.881.0-0.870.540.82-0.790.98-0.570.960.840.950.890.860.860.89
0.79-0.58-0.530.780.70.390.680.980.370.710.570.84-0.480.670.84-0.540.79-0.260.680.840.670.950.970.860.96
0.98-0.89-0.710.990.980.930.620.740.810.650.930.95-0.960.390.67-0.760.98-0.61.00.950.670.750.690.740.74
0.86-0.75-0.670.840.80.520.730.980.50.810.650.89-0.580.720.9-0.670.86-0.310.760.890.950.750.970.940.98
0.81-0.7-0.710.80.770.440.830.990.320.810.540.86-0.540.570.91-0.710.81-0.430.690.860.970.690.970.881.0
0.83-0.78-0.70.810.780.560.640.890.580.780.690.86-0.620.740.96-0.710.84-0.280.750.860.860.740.940.880.9
0.84-0.73-0.730.840.80.50.831.00.380.830.590.89-0.590.580.92-0.740.84-0.450.730.890.960.740.981.00.9
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Suzhou Mingzhi Account Relationship Matchups

Suzhou Mingzhi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets783.6M1.4B1.5B1.4B1.6B1.3B
Other Current Liab10.2M28.6M6.1M2.9M2.6M2.5M
Total Current Liabilities304.2M320.2M373.7M306.1M275.5M269.4M
Total Stockholder Equity454.1M1.1B1.1B1.1B1.2B878.3M
Retained Earnings145.7M255.7M238.4M244.0M280.6M203.4M
Accounts Payable107.2M151.2M129.8M107.8M124.0M129.8M
Cash175.8M168.0M135.6M189.0M217.3M179.1M
Non Current Assets Total216.8M241.2M338.0M437.4M503.0M319.8M
Non Currrent Assets Other3.5M24.5M44.0M8.8M10.2M18.2M
Net Receivables116.9M177.2M182.4M142.8M164.2M164.3M
Non Current Liabilities Total25.3M11.0M18.9M20.7M18.7M16.7M
Inventory159.4M163.3M215.6M180.0M207.0M197.8M
Other Current Assets3.5M2.0M8.3M15.0M17.2M18.1M
Total Liab329.5M331.2M392.6M326.9M294.2M286.0M
Net Invested Capital547.8M1.1B1.2B1.1B1.3B988.0M
Short Long Term Debt72.9M36.2M153.9M73.3M65.9M73.1M
Total Current Assets566.8M1.2B1.1B948.7M1.1B951.8M
Non Current Liabilities Other3.7M6.9M12.6M16.9M19.5M10.4M
Net Working Capital262.6M843.6M750.9M642.6M739.0M581.4M
Intangible Assets19.5M19.3M26.2M26.9M31.0M24.5M

Currently Active Assets on Macroaxis

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.