600830 Stock | | | 10.15 0.04 0.39% |
Sunny Loan financial indicator trend analysis is much more than just breaking down Sunny Loan Top prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunny Loan Top is a good investment. Please check the relationship between Sunny Loan 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 Sunny Loan Top. 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
Sunny Loan Top Net Income account and
Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sunny Loan's Net Income and Change To Account Receivables is 0.35. 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 Sunny Loan Top, assuming nothing else is changed. The correlation between historical values of Sunny Loan'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 Sunny Loan Top 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., Sunny Loan's Net Income and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sunny Loan Top financial statement analysis. It represents the amount of money remaining after all of Sunny Loan Top operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Account Receivables
Most indicators from Sunny Loan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunny Loan Top 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 Sunny Loan Top. 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.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 66.3
M. In addition to that,
Tax Provision is expected to decline to about 21.4
MSunny Loan fundamental ratios Correlations
Click cells to compare fundamentals
Sunny Loan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunny Loan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sunny Stock
Balance Sheet is a snapshot of the
financial position of Sunny Loan Top at a specified time, usually calculated after every quarter, six months, or one year. Sunny Loan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunny Loan 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 Sunny currently owns. An asset can also be divided into two categories, current and non-current.