Guobo Interest Income vs Cost Of Revenue Analysis
| 688375 Stock | 47.49 0.79 1.69% |
Guobo Electronics financial indicator trend analysis is much more than just examining Guobo Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guobo Electronics is a good investment. Please check the relationship between Guobo Electronics Interest Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guobo Electronics 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.
Interest Income vs Cost Of Revenue
Interest Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guobo Electronics Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guobo Electronics' Interest Income and Cost Of Revenue is 0.88. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Guobo Electronics Co, assuming nothing else is changed. The correlation between historical values of Guobo Electronics' Interest Income and Cost Of Revenue 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 Income of Guobo Electronics Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Guobo Electronics' Interest Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Cost Of Revenue
Cost of Revenue is found on Guobo Electronics income statement and represents the costs associated with goods and services Guobo Electronics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Guobo Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guobo Electronics 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 Guobo Electronics 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. As of December 19, 2024, Tax Provision is expected to decline to about 34.6 M. In addition to that, Selling General Administrative is expected to decline to about 26.6 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 14.9M | 9.0M | 6.7M | 8.4M | Interest Income | 1.8M | 12.0M | 28.7M | 30.1M |
Guobo Electronics fundamental ratios Correlations
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Guobo Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Guobo Stock
Balance Sheet is a snapshot of the financial position of Guobo Electronics at a specified time, usually calculated after every quarter, six months, or one year. Guobo Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guobo Electronics 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 Guobo currently owns. An asset can also be divided into two categories, current and non-current.