SALZERELEC | | | 1,118 1.40 0.13% |
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Net Income and its Operating Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.
Net Income vs Operating Income
Net Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Salzer Electronics Net Income account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Salzer Electronics' Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' Net 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 Income of Salzer Electronics 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 Income i.e., Salzer Electronics' Net Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Salzer Electronics financial statement analysis. It represents the amount of money remaining after all of Salzer Electronics Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Operating Income
Operating Income is the amount of profit realized from Salzer Electronics 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 Salzer Electronics 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 Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.
The current year's
Issuance Of Capital Stock is expected to grow to about 241.2
M, whereas
Selling General Administrative is forecasted to decline to about 45.3
M.
Salzer Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Salzer Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Salzer Electronics fundamental ratios Accounts
Also Currently Popular
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 Salzer Stock
Balance Sheet is a snapshot of the
financial position of Salzer Electronics at a specified time, usually calculated after every quarter, six months, or one year. Salzer Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Salzer Electronics 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 Salzer currently owns. An asset can also be divided into two categories, current and non-current.