002175 Stock | | | 4.31 0.20 4.43% |
Oriental Times financial indicator trend analysis is much more than just breaking down Oriental Times Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Times Media is a good investment. Please check the relationship between Oriental Times Gross Profit and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Oriental Times Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oriental Times Media Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oriental Times' Gross Profit and Operating Income is 0.77. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Oriental Times Media, assuming nothing else is changed. The correlation between historical values of Oriental Times' Gross Profit and Operating 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 Gross Profit of Oriental Times Media are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Oriental Times' Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Oriental Times Media minus its cost of goods sold. It is profit before Oriental Times operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Operating Income
Operating Income is the amount of profit realized from Oriental Times Media operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Oriental Times Media is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Oriental Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Times Media 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 Oriental Times Media. 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
Selling General Administrative is expected to grow to about 47.9
M, whereas
Tax Provision is forecasted to decline to about 2.6
M.
Oriental Times fundamental ratios Correlations
Click cells to compare fundamentals
Oriental Times Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oriental Times fundamental ratios Accounts
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Other Information on Investing in Oriental Stock
Balance Sheet is a snapshot of the
financial position of Oriental Times Media at a specified time, usually calculated after every quarter, six months, or one year. Oriental Times Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oriental Times 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 Oriental currently owns. An asset can also be divided into two categories, current and non-current.