YiDong Ebitda vs Interest Expense Analysis

301123 Stock   21.03  0.23  1.08%   
YiDong Electronics financial indicator trend analysis is more than just analyzing YiDong Electronics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YiDong Electronics is a good investment. Please check the relationship between YiDong Electronics Ebitda and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YiDong Electronics 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 Interest Expense

Ebitda vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YiDong Electronics Ebitda account and Interest Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between YiDong Electronics' Ebitda and Interest Expense is 0.06. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Interest Expense in the same time period over historical financial statements of YiDong Electronics Technology, assuming nothing else is changed. The correlation between historical values of YiDong Electronics' Ebitda 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 Ebitda of YiDong Electronics Technology 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 Ebitda i.e., YiDong Electronics' Ebitda and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebitda

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from YiDong Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YiDong Electronics 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 YiDong Electronics 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 Tax Provision is expected to grow to about (16.6 M). In addition to that, Selling General Administrative is expected to decline to about 57.2 M
 2021 2022 2023 2024 (projected)
Interest Expense7.2M2.0M1.4M1.4M
Interest Income698.2K42.8M34.5M18.7M

YiDong Electronics fundamental ratios Correlations

-0.850.741.0-0.20.820.970.970.980.820.840.97-0.350.890.890.990.81.0-0.950.990.970.980.840.960.570.96
-0.85-0.71-0.85-0.18-0.54-0.8-0.9-0.79-0.72-0.56-0.82-0.1-0.65-0.69-0.79-0.72-0.860.75-0.88-0.82-0.86-0.52-0.8-0.47-0.8
0.74-0.710.710.040.430.850.620.830.350.530.86-0.080.770.550.810.990.72-0.660.660.860.60.530.880.850.88
1.0-0.850.71-0.220.830.960.980.970.830.840.96-0.360.880.90.980.781.0-0.950.990.960.990.840.950.540.95
-0.2-0.180.04-0.22-0.41-0.18-0.14-0.22-0.12-0.45-0.20.77-0.22-0.28-0.23-0.02-0.20.45-0.19-0.2-0.2-0.44-0.21-0.37-0.22
0.82-0.540.430.83-0.410.810.750.790.910.990.71-0.750.890.980.810.550.82-0.880.820.710.830.990.720.350.74
0.97-0.80.850.96-0.180.810.880.990.750.850.97-0.40.960.880.990.910.96-0.920.930.970.90.860.980.680.99
0.97-0.90.620.98-0.140.750.880.910.820.740.91-0.210.760.830.920.680.98-0.90.990.910.990.730.890.440.89
0.98-0.790.830.97-0.220.790.990.910.720.830.99-0.380.930.861.00.890.97-0.920.940.990.910.840.990.660.99
0.82-0.720.350.83-0.120.910.750.820.720.870.66-0.460.780.940.750.460.83-0.820.870.660.880.850.650.160.66
0.84-0.560.530.84-0.450.990.850.740.830.870.76-0.760.930.980.840.640.84-0.910.830.760.831.00.780.490.79
0.97-0.820.860.96-0.20.710.970.910.990.660.76-0.280.870.790.980.90.96-0.90.931.00.90.751.00.710.99
-0.35-0.1-0.08-0.360.77-0.75-0.4-0.21-0.38-0.46-0.76-0.28-0.58-0.62-0.39-0.2-0.340.54-0.32-0.28-0.33-0.77-0.32-0.28-0.34
0.89-0.650.770.88-0.220.890.960.760.930.780.930.87-0.580.930.930.850.88-0.870.840.870.820.940.90.610.91
0.89-0.690.550.9-0.280.980.880.830.860.940.980.79-0.620.930.870.660.89-0.910.90.790.90.970.80.410.82
0.99-0.790.810.98-0.230.810.990.921.00.750.840.98-0.390.930.870.870.98-0.930.950.980.930.850.990.640.99
0.8-0.720.990.78-0.020.550.910.680.890.460.640.9-0.20.850.660.870.79-0.730.730.90.670.640.920.830.92
1.0-0.860.721.0-0.20.820.960.980.970.830.840.96-0.340.880.890.980.79-0.950.990.960.980.830.950.540.95
-0.950.75-0.66-0.950.45-0.88-0.92-0.9-0.92-0.82-0.91-0.90.54-0.87-0.91-0.93-0.73-0.95-0.94-0.9-0.93-0.89-0.9-0.65-0.91
0.99-0.880.660.99-0.190.820.930.990.940.870.830.93-0.320.840.90.950.730.99-0.940.931.00.810.910.480.92
0.97-0.820.860.96-0.20.710.970.910.990.660.761.0-0.280.870.790.980.90.96-0.90.930.90.751.00.710.99
0.98-0.860.60.99-0.20.830.90.990.910.880.830.9-0.330.820.90.930.670.98-0.931.00.90.810.880.430.89
0.84-0.520.530.84-0.440.990.860.730.840.851.00.75-0.770.940.970.850.640.83-0.890.810.750.810.780.460.79
0.96-0.80.880.95-0.210.720.980.890.990.650.781.0-0.320.90.80.990.920.95-0.90.911.00.880.780.741.0
0.57-0.470.850.54-0.370.350.680.440.660.160.490.71-0.280.610.410.640.830.54-0.650.480.710.430.460.740.74
0.96-0.80.880.95-0.220.740.990.890.990.660.790.99-0.340.910.820.990.920.95-0.910.920.990.890.791.00.74
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YiDong Electronics Account Relationship Matchups

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Other Information on Investing in YiDong Stock

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