300143 Stock | | | 9.76 0.37 3.65% |
INKON Life financial indicator trend analysis is infinitely more than just investigating INKON Life Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether INKON Life Technology is a good investment. Please check the relationship between INKON Life Ebitda and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. 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.
Ebitda vs Other Operating Expenses
Ebitda vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
INKON Life Technology Ebitda account and
Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between INKON Life's Ebitda and Other Operating Expenses is -0.35. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of INKON Life Technology, assuming nothing else is changed. The correlation between historical values of INKON Life's Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of INKON Life Technology are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., INKON Life's Ebitda and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebitda
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of INKON Life Technology. It is also known as INKON Life overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from INKON Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into INKON Life Technology 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 INKON Life Technology. 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.
As of December 14, 2024,
Selling General Administrative is expected to decline to about 52.6
M. In addition to that,
Tax Provision is expected to decline to about 31.8
MINKON Life fundamental ratios Correlations
Click cells to compare fundamentals
INKON Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
INKON Life fundamental ratios Accounts
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Other Information on Investing in INKON Stock
Balance Sheet is a snapshot of the
financial position of INKON Life Technology at a specified time, usually calculated after every quarter, six months, or one year. INKON Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INKON Life 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 INKON currently owns. An asset can also be divided into two categories, current and non-current.