Orinko Net Income vs Total Revenue 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 Net Income and its Total Revenue 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.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orinko Advanced Plastics Net Income account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orinko Advanced's Net Income and Total Revenue is -0.31. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue 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 Net Income and Total Revenue 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 Orinko Advanced Plastics are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Orinko Advanced's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Orinko Advanced Plastics financial statement analysis. It represents the amount of money remaining after all of Orinko Advanced Plastics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Orinko Advanced Plastics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.