603326 Stock | | | 6.95 0.09 1.31% |
Nanjing OLO financial indicator trend analysis is infinitely more than just investigating Nanjing OLO Home recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing OLO Home is a good investment. Please check the relationship between Nanjing OLO Change To Netincome and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing OLO Home. 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.
Change To Netincome vs Capital Expenditures
Change To Netincome vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nanjing OLO Home Change To Netincome account and
Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nanjing OLO's Change To Netincome and Capital Expenditures is 0.38. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Nanjing OLO Home, assuming nothing else is changed. The correlation between historical values of Nanjing OLO's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Nanjing OLO Home are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., Nanjing OLO's Change To Netincome and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Netincome
Capital Expenditures
Capital Expenditures are funds used by Nanjing OLO Home to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Nanjing OLO operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Nanjing OLO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing OLO Home 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 Nanjing OLO Home. 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 12.1
M, whereas
Selling General Administrative is forecasted to decline to about 248.8
M.
Nanjing OLO fundamental ratios Correlations
Click cells to compare fundamentals
Nanjing OLO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nanjing OLO fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nanjing Stock
Balance Sheet is a snapshot of the
financial position of Nanjing OLO Home at a specified time, usually calculated after every quarter, six months, or one year. Nanjing OLO Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanjing OLO 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 Nanjing currently owns. An asset can also be divided into two categories, current and non-current.