| FCL Stock | | | 352.65 0.65 0.18% |
Fineotex Chemical financial indicator trend analysis is much more than just examining Fineotex Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fineotex Chemical is a good investment. Please check the relationship between Fineotex Chemical Net Income and its End Period Cash Flow accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fineotex Chemical Limited. 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 End Period Cash Flow
Net Income vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fineotex Chemical Net Income account and
End Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fineotex Chemical's Net Income and End Period Cash Flow is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Fineotex Chemical Limited, assuming nothing else is changed. The correlation between historical values of Fineotex Chemical's Net Income and End Period Cash Flow 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 Fineotex Chemical Limited are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Net Income i.e., Fineotex Chemical's Net Income and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Fineotex Chemical financial statement analysis. It represents the amount of money remaining after all of Fineotex Chemical Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
End Period Cash Flow
Most indicators from Fineotex Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fineotex Chemical 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fineotex Chemical Limited. 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.
At present, Fineotex Chemical's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Fineotex Chemical fundamental ratios Correlations
Click cells to compare fundamentals
Fineotex Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fineotex Chemical fundamental ratios Accounts
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Other Information on Investing in Fineotex Stock
Balance Sheet is a snapshot of the
financial position of Fineotex Chemical at a specified time, usually calculated after every quarter, six months, or one year. Fineotex Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fineotex Chemical 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 Fineotex currently owns. An asset can also be divided into two categories, current and non-current.