Orinko Cost Of Revenue vs Interest Income Analysis
688219 Stock | 9.96 0.03 0.30% |
Orinko Advanced financial indicator trend analysis is much more than just breaking down Orinko Advanced Plastics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orinko Advanced Plastics is a good investment. Please check the relationship between Orinko Advanced Cost Of Revenue and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Orinko Advanced Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cost Of Revenue vs Interest Income
Cost Of Revenue vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orinko Advanced Plastics Cost Of Revenue account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Orinko Advanced's Cost Of Revenue and Interest Income is 0.81. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Orinko Advanced Plastics, assuming nothing else is changed. The correlation between historical values of Orinko Advanced's Cost Of Revenue and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Orinko Advanced Plastics are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Cost Of Revenue i.e., Orinko Advanced's Cost Of Revenue and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Orinko Advanced Plastics income statement and represents the costs associated with goods and services Orinko Advanced provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Orinko Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orinko Advanced Plastics 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 Orinko Advanced Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Tax Provision is expected to grow to about 4.4 M, whereas Selling General Administrative is forecasted to decline to about 140.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 66.3M | 67.5M | 81.1M | 77.4M | Interest Income | 3.7M | 3.7M | 7.8M | 4.4M |
Orinko Advanced fundamental ratios Correlations
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Orinko Advanced Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Orinko Stock
Balance Sheet is a snapshot of the financial position of Orinko Advanced Plastics at a specified time, usually calculated after every quarter, six months, or one year. Orinko Advanced Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Orinko Advanced 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 Orinko currently owns. An asset can also be divided into two categories, current and non-current.