600167 Stock | | | 6.10 0.02 0.33% |
Luenmei Quantum financial indicator trend analysis is infinitely more than just investigating Luenmei Quantum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luenmei Quantum is a good investment. Please check the relationship between Luenmei Quantum Other Operating Expenses and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Luenmei Quantum 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.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Luenmei Quantum Other Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have weak relationship.
The correlation between Luenmei Quantum's Other Operating Expenses and Ebitda is 0.35. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Luenmei Quantum Co, assuming nothing else is changed. The correlation between historical values of Luenmei Quantum's Other Operating Expenses 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 Other Operating Expenses of Luenmei Quantum Co 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 Other Operating Expenses i.e., Luenmei Quantum's Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Luenmei Quantum. It is also known as Luenmei Quantum overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Ebitda
Most indicators from Luenmei Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luenmei Quantum 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 Luenmei Quantum 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.
The current year's
Selling General Administrative is expected to grow to about 173.4
M. The current year's
Tax Provision is expected to grow to about 230.2
MLuenmei Quantum fundamental ratios Correlations
Click cells to compare fundamentals
Luenmei Quantum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luenmei Quantum fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Luenmei Stock
Balance Sheet is a snapshot of the
financial position of Luenmei Quantum at a specified time, usually calculated after every quarter, six months, or one year. Luenmei Quantum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luenmei Quantum 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 Luenmei currently owns. An asset can also be divided into two categories, current and non-current.