002054 Stock | | | 6.30 0.07 1.12% |
Dymatic Chemicals financial indicator trend analysis is much more than just examining Dymatic Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dymatic Chemicals is a good investment. Please check the relationship between Dymatic Chemicals Income Before Tax and its Total Other Income Expense Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dymatic Chemicals. 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.
Income Before Tax vs Total Other Income Expense Net
Income Before Tax vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dymatic Chemicals Income Before Tax account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dymatic Chemicals' Income Before Tax and Total Other Income Expense Net is 0.53. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Dymatic Chemicals, assuming nothing else is changed. The correlation between historical values of Dymatic Chemicals' Income Before Tax and Total Other Income Expense Net 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 Dymatic Chemicals are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Dymatic Chemicals' Income Before Tax and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Dymatic Chemicals income statement and is an important metric when analyzing Dymatic Chemicals 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.
Total Other Income Expense Net
Most indicators from Dymatic Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dymatic Chemicals 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dymatic Chemicals. 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.
The current year's
Tax Provision is expected to grow to about 31.3
M, whereas
Selling General Administrative is forecasted to decline to about 98.4
M.
Dymatic Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
Dymatic Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dymatic Chemicals fundamental ratios Accounts
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Other Information on Investing in Dymatic Stock
Balance Sheet is a snapshot of the
financial position of Dymatic Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Dymatic Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dymatic Chemicals 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 Dymatic currently owns. An asset can also be divided into two categories, current and non-current.