300982 Stock | | | 16.92 0.40 2.31% |
Suwen Electric financial indicator trend analysis is much more than just breaking down Suwen Electric Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suwen Electric Energy is a good investment. Please check the relationship between Suwen Electric Tax Provision and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Suwen Electric 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.
Tax Provision vs Ebit
Tax Provision vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suwen Electric Energy Tax Provision account and
Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Suwen Electric's Tax Provision and Ebit is 0.55. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Suwen Electric Energy, assuming nothing else is changed. The correlation between historical values of Suwen Electric's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Suwen Electric Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Suwen Electric's Tax Provision and Ebit go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Ebit
Most indicators from Suwen Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suwen Electric 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 Suwen Electric 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 January 31, 2025, Tax Provision is expected to decline to about 9.7
M. In addition to that,
Selling General Administrative is expected to decline to about 61.6
MSuwen Electric fundamental ratios Correlations
Click cells to compare fundamentals
Suwen Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Suwen Electric fundamental ratios Accounts
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Other Information on Investing in Suwen Stock
Balance Sheet is a snapshot of the
financial position of Suwen Electric Energy at a specified time, usually calculated after every quarter, six months, or one year. Suwen Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suwen Electric 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 Suwen currently owns. An asset can also be divided into two categories, current and non-current.