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 Total Other Income Expense Net and its Income Before Tax 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.
Total Other Income Expense Net vs Income Before Tax
Total Other Income Expense Net vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingclean Electric Total Other Income Expense Net account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kingclean Electric's Total Other Income Expense Net and Income Before Tax is -0.22. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax 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 Total Other Income Expense Net and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Kingclean Electric Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Kingclean Electric's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Kingclean Electric income statement and is an important metric when analyzing Kingclean Electric profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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
MKingclean Electric fundamental ratios Correlations
Click cells to compare fundamentals
Kingclean Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingclean Electric fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Kingclean Stock
Balance 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.