3onedata Dividends Paid vs Net Income Analysis
688618 Stock | 23.05 0.71 3.18% |
3onedata financial indicator trend analysis is way more than just evaluating 3onedata prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3onedata is a good investment. Please check the relationship between 3onedata Dividends Paid and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 3onedata Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3onedata Dividends Paid account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 3onedata's Dividends Paid and Net Income is 0.82. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of 3onedata Co Ltd, assuming nothing else is changed. The correlation between historical values of 3onedata's Dividends Paid 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 Dividends Paid of 3onedata Co Ltd 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 Dividends Paid i.e., 3onedata's Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in 3onedata financial statement analysis. It represents the amount of money remaining after all of 3onedata Co Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from 3onedata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3onedata 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 3onedata Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of November 30, 2024, Tax Provision is expected to decline to about 7.5 M. In addition to that, Selling General Administrative is expected to decline to about 48.7 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 2.4M | 2.6M | 1.5M | Interest Income | 1.8M | 1.1M | 1.0M | 1.0M |
3onedata fundamental ratios Correlations
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3onedata Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of 3onedata at a specified time, usually calculated after every quarter, six months, or one year. 3onedata Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3onedata 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 3onedata currently owns. An asset can also be divided into two categories, current and non-current.