300888 Stock | | | 35.20 0.10 0.28% |
Winner Medical Co financial indicator trend analysis is more than just analyzing Winner Medical Co current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winner Medical Co is a good investment. Please check the relationship between Winner Medical Co Selling General Administrative and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Winner Medical Co. 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.
Selling General Administrative vs Income Before Tax
Selling General Administrative vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Winner Medical Co Selling General Administrative account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Winner Medical Co's Selling General Administrative and Income Before Tax is 0.53. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Winner Medical Co, assuming nothing else is changed. The correlation between historical values of Winner Medical Co's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Winner Medical Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., Winner Medical Co's Selling General Administrative and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Winner Medical Co income statement and is an important metric when analyzing Winner Medical Co profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Winner Medical Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winner Medical Co 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 Winner Medical Co. 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 222.6
M, whereas Selling General Administrative is forecasted to decline to about 1.6
B.
Winner Medical Co fundamental ratios Correlations
Click cells to compare fundamentals
Winner Medical Co Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Winner Medical Co fundamental ratios Accounts
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Other Information on Investing in Winner Stock
Balance Sheet is a snapshot of the
financial position of Winner Medical Co at a specified time, usually calculated after every quarter, six months, or one year. Winner Medical Co Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Winner Medical Co 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 Winner currently owns. An asset can also be divided into two categories, current and non-current.