FIBERWEB | | | 61.33 1.67 2.65% |
Fiberweb financial indicator trend analysis is much more than just examining Fiberweb Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiberweb Limited is a good investment. Please check the relationship between Fiberweb Income Before Tax and its Net Interest Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiberweb 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 metropolitan statistical area.
Income Before Tax vs Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fiberweb Limited Income Before Tax account and
Net Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Fiberweb's Income Before Tax and Net Interest Income is 0.07. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Fiberweb Limited, assuming nothing else is changed. The correlation between historical values of Fiberweb's Income Before Tax and Net Interest 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 Income Before Tax of Fiberweb Limited are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Fiberweb's Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fiberweb income statement and is an important metric when analyzing Fiberweb Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Fiberweb's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiberweb Limited 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 Fiberweb 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 metropolitan statistical area.
As of December 27, 2024,
Selling General Administrative is expected to decline to about 7.5
M. In addition to that,
Tax Provision is expected to decline to about 869.2
KFiberweb fundamental ratios Correlations
Click cells to compare fundamentals
Fiberweb Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fiberweb fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Fiberweb Stock
Balance Sheet is a snapshot of the
financial position of Fiberweb Limited at a specified time, usually calculated after every quarter, six months, or one year. Fiberweb Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fiberweb 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 Fiberweb currently owns. An asset can also be divided into two categories, current and non-current.