603496 Stock | | | 24.49 0.44 1.76% |
EmbedWay TechCorp financial indicator trend analysis is much more than just examining EmbedWay TechCorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EmbedWay TechCorp is a good investment. Please check the relationship between EmbedWay TechCorp Net Income From Continuing Ops and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in EmbedWay TechCorp. 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
EmbedWay TechCorp Net Income From Continuing Ops account and
Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EmbedWay TechCorp's Net Income From Continuing Ops and Reconciled Depreciation is -0.07. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of EmbedWay TechCorp, assuming nothing else is changed. The correlation between historical values of EmbedWay TechCorp's Net Income From Continuing Ops and Reconciled Depreciation 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 From Continuing Ops of EmbedWay TechCorp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income From Continuing Ops i.e., EmbedWay TechCorp's Net Income From Continuing Ops and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from EmbedWay TechCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EmbedWay TechCorp 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 EmbedWay TechCorp. 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 26, 2024,
Selling General Administrative is expected to decline to about 51.5
M. The current year's
Tax Provision is expected to grow to about (236.7
K)
Balance Sheet is a snapshot of the
financial position of EmbedWay TechCorp at a specified time, usually calculated after every quarter, six months, or one year. EmbedWay TechCorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EmbedWay TechCorp 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 EmbedWay currently owns. An asset can also be divided into two categories, current and non-current.