Orinko Net Interest Income vs Net Income Analysis

688219 Stock   12.23  2.24  22.42%   
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 Interest Income and its Net 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.

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orinko Advanced Plastics Net Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Orinko Advanced's Net Interest Income and Net Income is -0.22. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net 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 Net Interest Income and Net 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 Net Interest Income of Orinko Advanced Plastics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Orinko Advanced's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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.
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 Expense66.3M67.5M81.1M77.4M
Interest Income3.7M3.7M7.8M4.4M

Orinko Advanced fundamental ratios Correlations

-0.670.890.890.960.920.920.890.980.860.910.95-0.620.80.920.77-0.710.970.980.820.990.80.830.480.99-0.83
-0.67-0.43-0.88-0.76-0.78-0.35-0.51-0.75-0.28-0.48-0.680.58-0.96-0.51-0.380.28-0.51-0.78-0.81-0.59-0.96-0.59-0.11-0.680.73
0.89-0.430.70.850.740.950.710.880.780.710.86-0.640.640.720.8-0.530.910.810.780.870.640.520.550.93-0.73
0.89-0.880.70.960.980.650.670.950.630.690.93-0.60.950.720.47-0.520.760.950.910.820.950.730.40.9-0.75
0.96-0.760.850.960.970.810.751.00.740.770.98-0.590.880.790.62-0.550.880.980.930.90.880.720.440.97-0.8
0.92-0.780.740.980.970.730.690.960.750.740.97-0.60.880.760.47-0.620.810.950.870.860.880.760.510.92-0.68
0.92-0.350.950.650.810.730.840.850.90.860.85-0.560.540.860.84-0.70.970.820.650.940.540.680.560.91-0.71
0.89-0.510.710.670.750.690.840.80.790.980.72-0.40.570.980.87-0.730.930.860.550.930.570.920.230.82-0.84
0.98-0.750.880.951.00.960.850.80.760.810.97-0.610.870.830.68-0.580.910.980.920.930.870.750.440.98-0.84
0.86-0.280.780.630.740.750.90.790.760.870.83-0.570.480.870.63-0.920.890.770.470.90.480.790.740.82-0.47
0.91-0.480.710.690.770.740.860.980.810.870.77-0.430.571.00.8-0.820.940.870.530.950.570.950.350.83-0.76
0.95-0.680.860.930.980.970.850.720.970.830.77-0.660.840.790.57-0.660.890.950.860.910.840.720.610.97-0.69
-0.620.58-0.64-0.6-0.59-0.6-0.56-0.4-0.61-0.57-0.43-0.66-0.73-0.44-0.470.6-0.57-0.57-0.54-0.61-0.73-0.41-0.75-0.690.38
0.8-0.960.640.950.880.880.540.570.870.480.570.84-0.730.590.47-0.420.660.870.890.721.00.620.350.83-0.74
0.92-0.510.720.720.790.760.860.980.830.871.00.79-0.440.590.8-0.820.940.890.560.960.590.950.360.85-0.77
0.77-0.380.80.470.620.470.840.870.680.630.80.57-0.470.470.8-0.510.860.690.520.820.470.630.170.76-0.84
-0.710.28-0.53-0.52-0.55-0.62-0.7-0.73-0.58-0.92-0.82-0.660.6-0.42-0.82-0.51-0.74-0.64-0.23-0.78-0.42-0.83-0.71-0.650.32
0.97-0.510.910.760.880.810.970.930.910.890.940.89-0.570.660.940.86-0.740.910.710.990.660.810.480.95-0.81
0.98-0.780.810.950.980.950.820.860.980.770.870.95-0.570.870.890.69-0.640.910.870.950.870.840.390.96-0.85
0.82-0.810.780.910.930.870.650.550.920.470.530.86-0.540.890.560.52-0.230.710.870.720.890.470.260.87-0.8
0.99-0.590.870.820.90.860.940.930.930.90.950.91-0.610.720.960.82-0.780.990.950.720.720.870.490.96-0.81
0.8-0.960.640.950.880.880.540.570.870.480.570.84-0.731.00.590.47-0.420.660.870.890.720.620.350.83-0.74
0.83-0.590.520.730.720.760.680.920.750.790.950.72-0.410.620.950.63-0.830.810.840.470.870.620.310.74-0.67
0.48-0.110.550.40.440.510.560.230.440.740.350.61-0.750.350.360.17-0.710.480.390.260.490.350.310.520.04
0.99-0.680.930.90.970.920.910.820.980.820.830.97-0.690.830.850.76-0.650.950.960.870.960.830.740.52-0.82
-0.830.73-0.73-0.75-0.8-0.68-0.71-0.84-0.84-0.47-0.76-0.690.38-0.74-0.77-0.840.32-0.81-0.85-0.8-0.81-0.74-0.670.04-0.82
Click cells to compare fundamentals

Orinko Advanced Account Relationship Matchups

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.