300109 Stock | | | 17.75 2.96 20.01% |
Boai NKY financial indicator trend analysis is way more than just evaluating Boai NKY Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boai NKY Pharmaceuticals is a good investment. Please check the relationship between Boai NKY Income Tax Expense and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boai NKY Pharmaceuticals. 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.
Income Tax Expense vs Gross Profit
Income Tax Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boai NKY Pharmaceuticals Income Tax Expense account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Boai NKY's Income Tax Expense and Gross Profit is 0.89. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Boai NKY Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Boai NKY's Income Tax Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Boai NKY Pharmaceuticals are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., Boai NKY's Income Tax Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Tax Expense
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Boai NKY Pharmaceuticals minus its cost of goods sold. It is profit before Boai NKY 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.
Most indicators from Boai NKY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boai NKY Pharmaceuticals 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 Boai NKY Pharmaceuticals. 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.
As of December 4, 2024,
Selling General Administrative is expected to decline to about 21.8
M. In addition to that,
Tax Provision is expected to decline to about 60.6
MBoai NKY fundamental ratios Correlations
Click cells to compare fundamentals
Boai NKY Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boai NKY fundamental ratios Accounts
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Other Information on Investing in Boai Stock
Balance Sheet is a snapshot of the
financial position of Boai NKY Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Boai NKY Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Boai NKY 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 Boai currently owns. An asset can also be divided into two categories, current and non-current.