002534 Stock | | | 12.01 0.18 1.52% |
Xizi Clean financial indicator trend analysis is more than just analyzing Xizi Clean Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xizi Clean Energy is a good investment. Please check the relationship between Xizi Clean Dividends Paid and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xizi Clean Energy. 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.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xizi Clean Energy Dividends Paid account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xizi Clean's Dividends Paid and Net Income is 0.56. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of Xizi Clean Energy, assuming nothing else is changed. The correlation between historical values of Xizi Clean's Dividends Paid 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 Dividends Paid of Xizi Clean Energy 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 Dividends Paid i.e., Xizi Clean's Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xizi Clean Energy financial statement analysis. It represents the amount of money remaining after all of Xizi Clean Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Xizi Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xizi Clean Energy 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 Xizi Clean Energy. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 194.4
M. In addition to that,
Tax Provision is expected to decline to about 12.5
MXizi Clean fundamental ratios Correlations
Click cells to compare fundamentals
Xizi Clean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xizi Clean fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xizi Stock
Balance Sheet is a snapshot of the
financial position of Xizi Clean Energy at a specified time, usually calculated after every quarter, six months, or one year. Xizi Clean Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xizi Clean 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 Xizi currently owns. An asset can also be divided into two categories, current and non-current.