Super-Dragon Common Stock Shares Outstanding vs Retained Earnings Analysis
301131 Stock | 38.95 1.66 4.45% |
Super-Dragon Engineering financial indicator trend analysis is much more than just breaking down Super-Dragon Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Super-Dragon Engineering is a good investment. Please check the relationship between Super-Dragon Engineering Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Super Dragon Engineering Plastics. 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.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super-Dragon Engineering Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Super-Dragon Engineering's Common Stock Shares Outstanding and Retained Earnings is 0.81. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Super Dragon Engineering Plastics, assuming nothing else is changed. The correlation between historical values of Super-Dragon Engineering's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Super Dragon Engineering Plastics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Super-Dragon Engineering's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Super-Dragon Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Super-Dragon Engineering 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 Super Dragon Engineering Plastics. 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 December 1, 2024, Tax Provision is expected to decline to about 4.5 M. In addition to that, Selling General Administrative is expected to decline to about 23.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.3M | 17.2M | 15.8M | 25.0M | Interest Income | 896.5K | 2.4M | 2.4M | 2.0M |
Super-Dragon Engineering fundamental ratios Correlations
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Super-Dragon Engineering Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Super-Dragon Stock
Balance Sheet is a snapshot of the financial position of Super-Dragon Engineering at a specified time, usually calculated after every quarter, six months, or one year. Super-Dragon Engineering Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Super-Dragon Engineering 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 Super-Dragon currently owns. An asset can also be divided into two categories, current and non-current.