002517 Stock | | | 12.63 0.25 1.94% |
Kingnet Network financial indicator trend analysis is infinitely more than just investigating Kingnet Network recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingnet Network is a good investment. Please check the relationship between Kingnet Network Net Interest Income and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kingnet Network Co. 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 Ebitda
Net Interest Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingnet Network Net Interest Income account and
Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kingnet Network's Net Interest Income and Ebitda is 0.6. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Kingnet Network Co, assuming nothing else is changed. The correlation between historical values of Kingnet Network's Net Interest Income and Ebitda 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 Kingnet Network Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Interest Income i.e., Kingnet Network's Net Interest Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Ebitda
Most indicators from Kingnet Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingnet Network 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 Kingnet Network Co. 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
Selling General Administrative is expected to grow to about 140.3
M. The current year's
Tax Provision is expected to grow to about 122.5
MKingnet Network fundamental ratios Correlations
Click cells to compare fundamentals
Kingnet Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingnet Network fundamental ratios Accounts
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Other Information on Investing in Kingnet Stock
Balance Sheet is a snapshot of the
financial position of Kingnet Network at a specified time, usually calculated after every quarter, six months, or one year. Kingnet Network Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingnet Network 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 Kingnet currently owns. An asset can also be divided into two categories, current and non-current.