Trina Solar financial indicator trend analysis is much more than just breaking down Trina Solar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trina Solar is a good investment. Please check the relationship between Trina Solar Ebitda and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Trina Solar 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.
Ebitda vs Net Income
Ebitda vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trina Solar Ebitda account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Trina Solar's Ebitda and Net Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Trina Solar Co, assuming nothing else is changed. The correlation between historical values of Trina Solar's Ebitda and Net 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 Ebitda of Trina Solar Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Trina Solar's Ebitda and Net Income go up and down completely randomly.
Net income is one of the most important fundamental items in finance. It plays a large role in Trina Solar financial statement analysis. It represents the amount of money remaining after all of Trina Solar Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Trina Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trina Solar 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 Trina Solar 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.
Balance Sheet is a snapshot of the financial position of Trina Solar at a specified time, usually calculated after every quarter, six months, or one year. Trina Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Trina Solar 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 Trina currently owns. An asset can also be divided into two categories, current and non-current.