300825 Stock | | | 12.30 0.62 5.31% |
Iat Automobile financial indicator trend analysis is infinitely more than just investigating Iat Automobile Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iat Automobile Technology is a good investment. Please check the relationship between Iat Automobile Net Income and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Iat Automobile 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.
Net Income vs Change To Account Receivables
Net Income vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Iat Automobile Technology Net Income account and
Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Iat Automobile's Net Income and Change To Account Receivables is 0.65. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Iat Automobile Technology, assuming nothing else is changed. The correlation between historical values of Iat Automobile's Net Income and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Iat Automobile Technology are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., Iat Automobile's Net Income and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Iat Automobile Technology financial statement analysis. It represents the amount of money remaining after all of Iat Automobile Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Account Receivables
Most indicators from Iat Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iat Automobile 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 Iat Automobile 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.
The current year's
Selling General Administrative is expected to grow to about 31.6
M, whereas
Tax Provision is forecasted to decline to about 15.4
M.
Iat Automobile fundamental ratios Correlations
Click cells to compare fundamentals
Iat Automobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iat Automobile fundamental ratios Accounts
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Other Information on Investing in Iat Stock
Balance Sheet is a snapshot of the
financial position of Iat Automobile Technology at a specified time, usually calculated after every quarter, six months, or one year. Iat Automobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Iat Automobile 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 Iat currently owns. An asset can also be divided into two categories, current and non-current.