300252 Stock | | | 8.99 0.03 0.33% |
Kingsignal Technology financial indicator trend analysis is infinitely more than just investigating Kingsignal Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsignal Technology is a good investment. Please check the relationship between Kingsignal Technology Net Income From Continuing Ops and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kingsignal Technology 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 nation.
Net Income From Continuing Ops vs Income Before Tax
Net Income From Continuing Ops vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingsignal Technology Net Income From Continuing Ops account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kingsignal Technology's Net Income From Continuing Ops and Income Before Tax is 0.95. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Kingsignal Technology Co, assuming nothing else is changed. The correlation between historical values of Kingsignal Technology's Net Income From Continuing Ops and Income Before Tax 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 Income From Continuing Ops of Kingsignal Technology Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Kingsignal Technology's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Kingsignal Technology income statement and is an important metric when analyzing Kingsignal Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Kingsignal Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsignal Technology 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 Kingsignal Technology 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 nation.
At present, Kingsignal Technology's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 27.3
M, whereas
Discontinued Operations is forecasted to decline to about 11
M.
Kingsignal Technology fundamental ratios Correlations
Click cells to compare fundamentals
Kingsignal Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsignal Technology fundamental ratios Accounts
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Other Information on Investing in Kingsignal Stock
Balance Sheet is a snapshot of the
financial position of Kingsignal Technology at a specified time, usually calculated after every quarter, six months, or one year. Kingsignal Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kingsignal Technology 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 Kingsignal currently owns. An asset can also be divided into two categories, current and non-current.