SOLI Stock | | | 127.50 2.50 1.92% |
Solid State financial indicator trend analysis is much more than just breaking down Solid State Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid State Plc is a good investment. Please check the relationship between Solid State Cost Of Revenue and its Net Interest Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. 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.
Cost Of Revenue vs Net Interest Income
Cost Of Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Solid State Plc Cost Of Revenue account and
Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid State's Cost Of Revenue and Net Interest Income is -0.95. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Solid State Plc, assuming nothing else is changed. The correlation between historical values of Solid State's Cost Of Revenue 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 Cost Of Revenue of Solid State Plc 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 Cost Of Revenue i.e., Solid State's Cost Of Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Solid State Plc income statement and represents the costs associated with goods and services Solid State provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Solid State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid State Plc 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 Solid State Plc. 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, Solid State's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 3.4
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (374.5
K).
Solid State fundamental ratios Correlations
Click cells to compare fundamentals
Solid State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solid State fundamental ratios Accounts
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