600666 Stock | | | 2.50 0.03 1.19% |
Aurora Optoelectronics financial indicator trend analysis is way more than just evaluating Aurora Optoelectronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Optoelectronics is a good investment. Please check the relationship between Aurora Optoelectronics Cost Of Revenue and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Optoelectronics 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.
Cost Of Revenue vs Net Interest Income
Cost Of Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aurora Optoelectronics Cost Of Revenue account and
Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aurora Optoelectronics' Cost Of Revenue and Net Interest Income is -0.32. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Aurora Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Aurora Optoelectronics' Cost Of Revenue and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Aurora Optoelectronics Co are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., Aurora Optoelectronics' Cost Of Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Aurora Optoelectronics income statement and represents the costs associated with goods and services Aurora Optoelectronics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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.
Most indicators from Aurora Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Optoelectronics 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 Aurora Optoelectronics 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 76.1
M, whereas
Selling General Administrative is forecasted to decline to about 45.3
M.
Aurora Optoelectronics fundamental ratios Correlations
Click cells to compare fundamentals
Aurora Optoelectronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurora Optoelectronics fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Aurora Stock
Balance Sheet is a snapshot of the
financial position of Aurora Optoelectronics at a specified time, usually calculated after every quarter, six months, or one year. Aurora Optoelectronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aurora Optoelectronics 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 Aurora currently owns. An asset can also be divided into two categories, current and non-current.