Powell Net Interest Income vs Operating Income Analysis
| PMAX Stock | 2.55 0.34 11.76% |
Powell Max financial indicator trend analysis is much more than just breaking down Powell Max Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Powell Max Limited is a good investment. Please check the relationship between Powell Max Net Interest Income and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Powell Max 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 nation.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Powell Max Limited Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Powell Max's Net Interest Income and Operating Income is 0.97. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Powell Max Limited, assuming nothing else is changed. The correlation between historical values of Powell Max's Net Interest Income 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 Net Interest Income of Powell Max 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 Net Interest Income i.e., Powell Max's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Operating Income
Operating Income is the amount of profit realized from Powell Max Limited 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 Powell Max 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 Powell Max's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Powell Max 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Powell Max 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 nation. Selling General Administrative is likely to drop to about 8.4 M in 2024
| 2010 | 2023 | 2024 (projected) | Interest Expense | 690.5K | 550.7K | 496.5K | Interest Income | 1.5K | 48.2K | 27.3K |
Powell Max fundamental ratios Correlations
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Powell Max Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Powell Max's price analysis, check to measure Powell Max's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Powell Max is operating at the current time. Most of Powell Max's value examination focuses on studying past and present price action to predict the probability of Powell Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powell Max's price. Additionally, you may evaluate how the addition of Powell Max to your portfolios can decrease your overall portfolio volatility.