| 001332 Stock | | | 35.25 0.24 0.68% |
Wuxi Chemical financial indicator trend analysis is more than just analyzing Wuxi Chemical Equipment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Chemical Equipment is a good investment. Please check the relationship between Wuxi Chemical Total Revenue and its Interest Expense accounts. Check out
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Total Revenue vs Interest Expense
Total Revenue vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuxi Chemical Equipment Total Revenue account and
Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Wuxi Chemical's Total Revenue and Interest Expense is -0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Wuxi Chemical Equipment, assuming nothing else is changed. The correlation between historical values of Wuxi Chemical's Total Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Wuxi Chemical Equipment are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., Wuxi Chemical's Total Revenue and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Wuxi Chemical Equipment 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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Wuxi Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Chemical Equipment 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 Wuxi Chemical Equipment. 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 current year's
Tax Provision is expected to grow to about 24.2
M, whereas
Selling General Administrative is forecasted to decline to about 36.2
M.
Wuxi Chemical fundamental ratios Correlations
Click cells to compare fundamentals
Wuxi Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuxi Chemical fundamental ratios Accounts
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Other Information on Investing in Wuxi Stock
Balance Sheet is a snapshot of the
financial position of Wuxi Chemical Equipment at a specified time, usually calculated after every quarter, six months, or one year. Wuxi Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuxi 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 Wuxi currently owns. An asset can also be divided into two categories, current and non-current.