002555 Stock | | | 17.09 0.13 0.75% |
37 Interactive financial indicator trend analysis is way more than just evaluating 37 Interactive Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 37 Interactive Enter is a good investment. Please check the relationship between 37 Interactive Operating Income and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 37 Interactive Entertainment. 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
37 Interactive Enter Operating Income account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 37 Interactive's Operating Income and Net Income is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of 37 Interactive Entertainment, assuming nothing else is changed. The correlation between historical values of 37 Interactive's Operating Income and Net 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 Operating Income of 37 Interactive Entertainment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., 37 Interactive's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from 37 Interactive Enter 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 37 Interactive Entertainment 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in 37 Interactive Enter financial statement analysis. It represents the amount of money remaining after all of 37 Interactive Entertainment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from 37 Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 37 Interactive Enter 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 37 Interactive Entertainment. 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
Selling General Administrative is expected to grow to about 9.1
B, whereas
Tax Provision is forecasted to decline to about 267.7
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 3.0B | 3.3B | 2.8B | 1.5B | Total Revenue | 16.2B | 16.4B | 16.5B | 17.4B |
37 Interactive fundamental ratios Correlations
Click cells to compare fundamentals
37 Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
37 Interactive 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 002555 Stock
Balance Sheet is a snapshot of the
financial position of 37 Interactive Enter at a specified time, usually calculated after every quarter, six months, or one year. 37 Interactive Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 37 Interactive 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 002555 currently owns. An asset can also be divided into two categories, current and non-current.