603355 Stock | | | 22.97 0.19 0.82% |
Kingclean Electric financial indicator trend analysis is infinitely more than just investigating Kingclean Electric recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingclean Electric is a good investment. Please check the relationship between Kingclean Electric Selling General Administrative and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kingclean Electric 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingclean Electric Selling General Administrative account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kingclean Electric's Selling General Administrative and Net Income From Continuing Ops is 0.6. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Kingclean Electric Co, assuming nothing else is changed. The correlation between historical values of Kingclean Electric's Selling General Administrative and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Kingclean Electric Co are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling General Administrative i.e., Kingclean Electric's Selling General Administrative and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Kingclean Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingclean Electric 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 Kingclean Electric 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.
As of December 4, 2024, Selling General Administrative is expected to decline to about 512.4
M. In addition to that,
Tax Provision is expected to decline to about 76.3
MBalance Sheet is a snapshot of the
financial position of Kingclean Electric at a specified time, usually calculated after every quarter, six months, or one year. Kingclean Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingclean Electric 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 Kingclean currently owns. An asset can also be divided into two categories, current and non-current.