Yoantion Ebitda vs Interest Expense Analysis
301053 Stock | 22.33 0.90 4.20% |
Yoantion Industrial financial indicator trend analysis is more than just analyzing Yoantion Industrial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yoantion Industrial is a good investment. Please check the relationship between Yoantion Industrial Ebitda and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yoantion Industrial IncLtd. 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.
Ebitda vs Interest Expense
Ebitda vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yoantion Industrial Ebitda account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yoantion Industrial's Ebitda and Interest Expense is 0.42. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Yoantion Industrial IncLtd, assuming nothing else is changed. The correlation between historical values of Yoantion Industrial's Ebitda and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Yoantion Industrial IncLtd are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Ebitda i.e., Yoantion Industrial's Ebitda and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebitda
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Yoantion Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yoantion Industrial 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 Yoantion Industrial IncLtd. 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 November 28, 2024, Tax Provision is expected to decline to about 2.2 M. In addition to that, Selling General Administrative is expected to decline to about 38.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 489.2K | 934.4K | 926.2K | 801.9K | Interest Income | 3.6M | 6.1M | 3.8M | 3.4M |
Yoantion Industrial fundamental ratios Correlations
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Yoantion Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Yoantion Industrial at a specified time, usually calculated after every quarter, six months, or one year. Yoantion Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yoantion Industrial 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 Yoantion currently owns. An asset can also be divided into two categories, current and non-current.