Jinsanjiang Gross Profit vs Ebitda Analysis
301059 Stock | 11.15 0.04 0.36% |
Jinsanjiang Silicon financial indicator trend analysis is infinitely more than just investigating Jinsanjiang Silicon recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinsanjiang Silicon is a good investment. Please check the relationship between Jinsanjiang Silicon Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinsanjiang Silicon Material. 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.
Gross Profit vs Ebitda
Gross Profit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinsanjiang Silicon Gross Profit account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jinsanjiang Silicon's Gross Profit and Ebitda is -0.09. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Jinsanjiang Silicon Material, assuming nothing else is changed. The correlation between historical values of Jinsanjiang Silicon's Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Jinsanjiang Silicon Material are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Jinsanjiang Silicon's Gross Profit and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Jinsanjiang Silicon Material minus its cost of goods sold. It is profit before Jinsanjiang Silicon 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.Ebitda
Most indicators from Jinsanjiang Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinsanjiang Silicon 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 Jinsanjiang Silicon Material. 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. The current year's Tax Provision is expected to grow to about 6.3 M, whereas Selling General Administrative is forecasted to decline to about 14.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 188.8K | 53.5K | 1.1M | 720.3K | Interest Income | 2.3M | 1.9M | 1.3M | 1.6M |
Jinsanjiang Silicon fundamental ratios Correlations
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Jinsanjiang Silicon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Jinsanjiang Silicon at a specified time, usually calculated after every quarter, six months, or one year. Jinsanjiang Silicon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinsanjiang Silicon 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 Jinsanjiang currently owns. An asset can also be divided into two categories, current and non-current.