300481 Stock | | | 16.14 0.02 0.12% |
Puyang Huicheng financial indicator trend analysis is much more than just breaking down Puyang Huicheng Elec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Puyang Huicheng Elec is a good investment. Please check the relationship between Puyang Huicheng Operating Income and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Puyang Huicheng Electronic. 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 Interest Expense
Operating Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Puyang Huicheng Elec Operating Income account and
Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Puyang Huicheng's Operating Income and Interest Expense is 0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Puyang Huicheng Electronic, assuming nothing else is changed. The correlation between historical values of Puyang Huicheng's Operating Income and Interest Expense 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 Puyang Huicheng Electronic are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Puyang Huicheng's Operating Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Puyang Huicheng Elec 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 Puyang Huicheng Electronic 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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Puyang Huicheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Puyang Huicheng Elec 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 Puyang Huicheng Electronic. 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 30.3
M, whereas
Selling General Administrative is forecasted to decline to about 7.6
M.
Puyang Huicheng fundamental ratios Correlations
Click cells to compare fundamentals
Puyang Huicheng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Puyang Huicheng fundamental ratios Accounts
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Other Information on Investing in Puyang Stock
Balance Sheet is a snapshot of the
financial position of Puyang Huicheng Elec at a specified time, usually calculated after every quarter, six months, or one year. Puyang Huicheng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Puyang Huicheng 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 Puyang currently owns. An asset can also be divided into two categories, current and non-current.