Shanghai Interest Expense vs Gross Profit Analysis
| 688372 Stock | 60.30 0.40 0.66% |
Shanghai V financial indicator trend analysis is much more than just breaking down Shanghai V Test prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai V Test is a good investment. Please check the relationship between Shanghai V Interest Expense and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai V Test Semiconductor. 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai V Test Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai V's Interest Expense and Gross Profit is 0.98. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Shanghai V Test Semiconductor, assuming nothing else is changed. The correlation between historical values of Shanghai V's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Shanghai V Test Semiconductor are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Shanghai V's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Shanghai V Test Semiconductor minus its cost of goods sold. It is profit before Shanghai V operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Shanghai V's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai V Test 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 Shanghai V Test Semiconductor. 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 (19 M). In addition to that, Selling General Administrative is expected to decline to about 26.3 M
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 33.4M | 33.1M | 38.0M | 25.6M | Interest Income | 4.7M | 4.6M | 5.3M | 3.1M |
Shanghai V fundamental ratios Correlations
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Shanghai V Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the financial position of Shanghai V Test at a specified time, usually calculated after every quarter, six months, or one year. Shanghai V Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai V 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.