Sichuan Net Interest Income vs Ebitda Analysis

300987 Stock   16.76  0.28  1.70%   
Sichuan Newsnet financial indicator trend analysis is much more than just breaking down Sichuan Newsnet Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Newsnet Media is a good investment. Please check the relationship between Sichuan Newsnet Net Interest Income and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Newsnet Media. 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 Interest Income vs Ebitda

Net Interest Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Newsnet Media Net Interest Income account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sichuan Newsnet's Net Interest Income and Ebitda is -0.41. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Sichuan Newsnet Media, assuming nothing else is changed. The correlation between historical values of Sichuan Newsnet's Net Interest Income and Ebitda 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 Interest Income of Sichuan Newsnet Media are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Interest Income i.e., Sichuan Newsnet's Net Interest Income and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Ebitda

Most indicators from Sichuan Newsnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Newsnet Media 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 Sichuan Newsnet Media. 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 39.1 M, whereas Tax Provision is projected to grow to (1.7 M).
 2021 2022 2023 2024 (projected)
Interest Income6.5M17.7M15.6M11.3M
Net Interest Income6.2M17.2M15.0M11.0M

Sichuan Newsnet fundamental ratios Correlations

-0.90.961.00.990.490.980.940.97-0.670.97-0.940.720.491.00.990.920.99-0.150.20.040.47-0.59
-0.9-0.83-0.9-0.95-0.29-0.9-0.89-0.830.83-0.820.75-0.63-0.5-0.9-0.89-0.78-0.890.26-0.13-0.02-0.380.52
0.96-0.830.950.930.590.910.980.98-0.560.98-0.860.750.660.950.940.910.91-0.220.410.070.64-0.64
1.0-0.90.950.990.460.990.920.97-0.660.97-0.950.690.431.01.00.920.99-0.120.140.030.42-0.55
0.99-0.950.930.990.390.990.940.95-0.730.94-0.910.680.470.990.980.870.98-0.140.13-0.020.41-0.57
0.49-0.290.590.460.390.360.510.46-0.280.65-0.410.840.550.460.470.750.43-0.710.750.760.86-0.64
0.98-0.90.910.990.990.360.880.95-0.660.93-0.960.630.350.990.990.871.0-0.030.02-0.050.31-0.5
0.94-0.890.980.920.940.510.880.95-0.640.94-0.780.720.740.920.90.850.88-0.260.430.00.65-0.66
0.97-0.830.980.970.950.460.950.95-0.50.97-0.920.620.530.970.960.880.94-0.030.23-0.060.48-0.51
-0.670.83-0.56-0.66-0.73-0.28-0.66-0.64-0.5-0.570.5-0.73-0.43-0.66-0.66-0.58-0.670.52-0.18-0.18-0.380.72
0.97-0.820.980.970.940.650.930.940.97-0.57-0.910.780.550.970.960.970.95-0.250.340.180.6-0.61
-0.940.75-0.86-0.95-0.91-0.41-0.96-0.78-0.920.5-0.91-0.58-0.19-0.95-0.96-0.87-0.97-0.070.050.01-0.240.42
0.72-0.630.750.690.680.840.630.720.62-0.730.78-0.580.650.690.70.820.68-0.730.640.540.82-0.9
0.49-0.50.660.430.470.550.350.740.53-0.430.55-0.190.650.430.40.460.34-0.560.870.140.89-0.72
1.0-0.90.951.00.990.460.990.920.97-0.660.97-0.950.690.431.00.920.99-0.120.140.030.42-0.55
0.99-0.890.941.00.980.470.990.90.96-0.660.96-0.960.70.41.00.921.0-0.120.120.050.41-0.55
0.92-0.780.910.920.870.750.870.850.88-0.580.97-0.870.820.460.920.920.91-0.390.350.40.61-0.58
0.99-0.890.910.990.980.431.00.880.94-0.670.95-0.970.680.340.991.00.91-0.10.060.040.35-0.53
-0.150.26-0.22-0.12-0.14-0.71-0.03-0.26-0.030.52-0.25-0.07-0.73-0.56-0.12-0.12-0.39-0.1-0.74-0.81-0.740.61
0.2-0.130.410.140.130.750.020.430.23-0.180.340.050.640.870.140.120.350.06-0.740.480.95-0.66
0.04-0.020.070.03-0.020.76-0.050.0-0.06-0.180.180.010.540.140.030.050.40.04-0.810.480.5-0.25
0.47-0.380.640.420.410.860.310.650.48-0.380.6-0.240.820.890.420.410.610.35-0.740.950.5-0.78
-0.590.52-0.64-0.55-0.57-0.64-0.5-0.66-0.510.72-0.610.42-0.9-0.72-0.55-0.55-0.58-0.530.61-0.66-0.25-0.78
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Sichuan Newsnet Account Relationship Matchups

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Other Information on Investing in Sichuan Stock

Balance Sheet is a snapshot of the financial position of Sichuan Newsnet Media at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Newsnet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Newsnet 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.