| SNS Stock | | | 0.04 0.00 0.00% |
Sensen Networks financial indicator trend analysis is much more than just breaking down Sensen Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensen Networks is a good investment. Please check the relationship between Sensen Networks Interest Income and its Income Tax Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensen Networks. 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.
Interest Income vs Income Tax Expense
Interest Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensen Networks Interest Income account and
Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sensen Networks' Interest Income and Income Tax Expense is 0.44. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sensen Networks, assuming nothing else is changed. The correlation between historical values of Sensen Networks' Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sensen Networks are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Income i.e., Sensen Networks' Interest Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Income Tax Expense
Most indicators from Sensen Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensen Networks 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 Sensen Networks. 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 this time, Sensen Networks'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 44.8
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.8
M in 2024.
Sensen Networks fundamental ratios Correlations
Click cells to compare fundamentals
Sensen Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensen Networks fundamental ratios Accounts
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Additional Tools for Sensen Stock Analysis
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