| 20MICRONS | | | 233.55 4.55 1.99% |
20 Microns financial indicator trend analysis is way more than just evaluating 20 Microns Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 20 Microns Limited is a good investment. Please check the relationship between 20 Microns Operating Income and its Extraordinary Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 20 Microns 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 main economic indicators.
Operating Income vs Extraordinary Items
Operating Income vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
20 Microns Limited Operating Income account and
Extraordinary Items. At this time, the significance of the direction appears to have pay attention.
The correlation between 20 Microns' Operating Income and Extraordinary Items is -0.77. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of 20 Microns Limited, assuming nothing else is changed. The correlation between historical values of 20 Microns' Operating Income and Extraordinary Items 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 20 Microns Limited are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Operating Income i.e., 20 Microns' Operating Income and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from 20 Microns Limited 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 20 Microns 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.
Extraordinary Items
Most indicators from 20 Microns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 20 Microns Limited 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 20 Microns 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 main economic indicators.
As of the 2nd of December 2024,
Selling General Administrative is likely to drop to about 80.9
M. In addition to that,
Tax Provision is likely to drop to about 120
M20 Microns fundamental ratios Correlations
Click cells to compare fundamentals
20 Microns Account Relationship Matchups
High Positive Relationship
High Negative Relationship
20 Microns fundamental ratios Accounts
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Other Information on Investing in 20MICRONS Stock
Balance Sheet is a snapshot of the
financial position of 20 Microns Limited at a specified time, usually calculated after every quarter, six months, or one year. 20 Microns Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 20 Microns 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 20MICRONS currently owns. An asset can also be divided into two categories, current and non-current.