603326 Stock | | | 6.80 0.05 0.73% |
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 Net Income and its Change To Operating Activities 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.
Net Income vs Change To Operating Activities
Net Income vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nanjing OLO Home Net Income account and
Change To Operating Activities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nanjing OLO's Net Income and Change To Operating Activities is 0.2. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities 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 Net Income and Change To Operating Activities 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 Nanjing OLO Home are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., Nanjing OLO's Net Income and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.2 |
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 Nanjing OLO Home financial statement analysis. It represents the amount of money remaining after all of Nanjing OLO Home operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Operating Activities
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.