FCL Stock | | | 358.20 0.30 0.08% |
Fineotex Chemical financial indicator trend analysis is much more than just examining Fineotex Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fineotex Chemical is a good investment. Please check the relationship between Fineotex Chemical Ebitda and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fineotex Chemical Limited. 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.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fineotex Chemical Ebitda account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Fineotex Chemical's Ebitda and Operating Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fineotex Chemical Limited, assuming nothing else is changed. The correlation between historical values of Fineotex Chemical's Ebitda and Operating 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 Fineotex Chemical Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Fineotex Chemical's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Fineotex Chemical 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 Fineotex Chemical Limited 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.
Most indicators from Fineotex Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fineotex Chemical 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fineotex Chemical Limited. 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.
At present, Fineotex Chemical's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Fineotex Chemical fundamental ratios Correlations
Click cells to compare fundamentals
Fineotex Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fineotex Chemical fundamental ratios Accounts
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Other Information on Investing in Fineotex Stock
Balance Sheet is a snapshot of the
financial position of Fineotex Chemical at a specified time, usually calculated after every quarter, six months, or one year. Fineotex Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fineotex Chemical 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 Fineotex currently owns. An asset can also be divided into two categories, current and non-current.