Ion Retained Earnings vs Capital Surpluse Analysis
| 0GZK Stock | 13.96 0.02 0.14% |
Ion Beam financial indicator trend analysis is infinitely more than just investigating Ion Beam Applications recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ion Beam Applications is a good investment. Please check the relationship between Ion Beam Retained Earnings and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ion Beam Applications. 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.
Retained Earnings vs Capital Surpluse
Retained Earnings vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ion Beam Applications Retained Earnings account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ion Beam's Retained Earnings and Capital Surpluse is -0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Ion Beam Applications, assuming nothing else is changed. The correlation between historical values of Ion Beam's Retained Earnings and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ion Beam Applications are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Retained Earnings i.e., Ion Beam's Retained Earnings and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Surpluse
Most indicators from Ion Beam's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ion Beam Applications 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 Ion Beam Applications. 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. Tax Provision is likely to drop to about 3.8 M in 2024. Selling General Administrative is likely to drop to about 51.2 M in 2024
| 2017 | 2018 | 2023 | 2024 (projected) | Interest Income | 2.6M | 1.6M | 1.9M | 2.0M | Tax Provision | 18.2M | 3.5M | 4.0M | 3.8M |
Ion Beam fundamental ratios Correlations
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Ion Beam Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Ion Beam's price analysis, check to measure Ion Beam's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ion Beam is operating at the current time. Most of Ion Beam's value examination focuses on studying past and present price action to predict the probability of Ion Beam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ion Beam's price. Additionally, you may evaluate how the addition of Ion Beam to your portfolios can decrease your overall portfolio volatility.