603259 Stock | | | 55.79 0.12 0.21% |
WuXi AppTec financial indicator trend analysis is more than just analyzing WuXi AppTec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WuXi AppTec is a good investment. Please check the relationship between WuXi AppTec Ebit and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi AppTec 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WuXi AppTec Ebit account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WuXi AppTec's Ebit and Gross Profit is 0.89. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of WuXi AppTec Co, assuming nothing else is changed. The correlation between historical values of WuXi AppTec's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of WuXi AppTec Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., WuXi AppTec's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of WuXi AppTec Co minus its cost of goods sold. It is profit before WuXi AppTec operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from WuXi AppTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi AppTec 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 WuXi AppTec 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
Selling General Administrative is expected to grow to about 1.3
B. The current year's
Tax Provision is expected to grow to about 2.2
BWuXi AppTec fundamental ratios Correlations
Click cells to compare fundamentals
WuXi AppTec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WuXi AppTec fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in WuXi Stock
Balance Sheet is a snapshot of the
financial position of WuXi AppTec at a specified time, usually calculated after every quarter, six months, or one year. WuXi AppTec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WuXi AppTec 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 WuXi currently owns. An asset can also be divided into two categories, current and non-current.