Linzhou Operating Income vs Total Operating Expenses Analysis
002535 Stock | 4.65 0.04 0.85% |
Linzhou Heavy financial indicator trend analysis is infinitely more than just investigating Linzhou Heavy Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linzhou Heavy Machinery is a good investment. Please check the relationship between Linzhou Heavy Operating Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Linzhou Heavy Machinery. 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.
Operating Income vs Total Operating Expenses
Operating Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Linzhou Heavy's Operating Income and Total Operating Expenses is 0.15. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Linzhou Heavy Machinery, assuming nothing else is changed. The correlation between historical values of Linzhou Heavy's Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Linzhou Heavy Machinery are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Linzhou Heavy's Operating Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Linzhou Heavy Machinery 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 Linzhou Heavy Machinery 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Linzhou Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linzhou Heavy Machinery 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 Linzhou Heavy Machinery. 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 95.7 M, whereas Tax Provision is forecasted to decline to (17 M).
Linzhou Heavy fundamental ratios Correlations
Click cells to compare fundamentals
Linzhou Heavy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linzhou Heavy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 4.8B | 4.0B | 4.2B | 4.0B | 4.8B | |
Other Current Liab | 205.6M | 391.4M | 512.4M | 679.4M | 250.1M | 345.5M | |
Total Current Liabilities | 3.2B | 3.1B | 3.0B | 3.0B | 2.7B | 2.8B | |
Total Stockholder Equity | 787.2M | 823.1M | 394.3M | 411.5M | 542.0M | 514.9M | |
Other Liab | 531.3M | 510.8M | 493.5M | 483.6M | 556.1M | 584.0M | |
Retained Earnings | (1.8B) | (1.8B) | (2.2B) | (2.2B) | (2.1B) | (2.0B) | |
Accounts Payable | 1.3B | 672.5M | 528.2M | 684.3M | 870.0M | 1.2B | |
Cash | 466.2M | 593.7M | 261.3M | 371.9M | 257.0M | 244.1M | |
Other Assets | 316.8M | 352.0M | 186.7M | 188.4M | 216.7M | 232.8M | |
Net Receivables | 928.4M | 427.4M | 319.3M | 466.5M | 518.7M | 1.0B | |
Inventory | 447.1M | 344.1M | 400.6M | 360.5M | 426.4M | 493.6M | |
Other Current Assets | 72.7M | 58.2M | 149.6M | 101.7M | 33.1M | 31.4M | |
Total Liab | 4.1B | 4.0B | 3.6B | 3.8B | 3.4B | 3.2B | |
Intangible Assets | 266.0M | 160.2M | 156.5M | 152.6M | 148.7M | 151.7M | |
Property Plant Equipment | 1.9B | 1.6B | 1.5B | 1.6B | 1.8B | 1.5B | |
Long Term Debt | 382.0M | 263.4M | 108.4M | 331.6M | 367.8M | 218.8M | |
Net Tangible Assets | 504.7M | 662.9M | 237.8M | 258.9M | 233.0M | 221.4M | |
Deferred Long Term Liab | 10.2M | 2.5M | 2.1M | 979.8K | 881.8K | 837.7K | |
Short Long Term Debt | 1.5B | 1.7B | 1.7B | 1.2B | 937.7M | 1.4B | |
Total Current Assets | 2.0B | 2.3B | 1.6B | 1.7B | 1.6B | 2.3B | |
Non Current Assets Total | 3.0B | 2.5B | 2.4B | 2.5B | 2.4B | 2.2B | |
Non Currrent Assets Other | 32.3M | 16.2M | 571.3K | 4.5M | 3.0M | 2.8M | |
Non Current Liabilities Total | 913.3M | 882.1M | 601.9M | 822.6M | 706.0M | 705.7M | |
Non Current Liabilities Other | 389.5M | 379.5M | 372.1M | 372.2M | 9.8M | 9.3M | |
Net Debt | 1.2B | 1.4B | 1.5B | 1.2B | 1.0B | 1.2B | |
Net Invested Capital | 2.5B | 2.8B | 2.2B | 2.0B | 1.8B | 2.3B | |
Net Working Capital | (1.2B) | (806.5M) | (1.4B) | (1.2B) | (1.1B) | (1.2B) |
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 Linzhou Stock
Balance Sheet is a snapshot of the financial position of Linzhou Heavy Machinery at a specified time, usually calculated after every quarter, six months, or one year. Linzhou Heavy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Linzhou Heavy 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 Linzhou currently owns. An asset can also be divided into two categories, current and non-current.