600599 Stock | | | 15.17 0.72 4.98% |
Panda Financial financial indicator trend analysis is much more than just breaking down Panda Financial Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panda Financial Holding is a good investment. Please check the relationship between Panda Financial Ebitda and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Panda Financial Holding. 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 Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Panda Financial Holding Ebitda account and
Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Panda Financial's Ebitda and Operating Income is 0.22. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Panda Financial Holding, assuming nothing else is changed. The correlation between historical values of Panda Financial's Ebitda and Operating Income 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 Panda Financial Holding are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Panda Financial's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Panda Financial Holding operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Panda Financial Holding is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Panda Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panda Financial Holding 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 Panda Financial Holding. 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 42.2
M, whereas
Tax Provision is forecasted to decline to about 15.9
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 81.6M | 106.8M | 44.5M | 39.7M | Total Revenue | 289.2M | 329.3M | 228.4M | 262.6M |
Panda Financial fundamental ratios Correlations
Click cells to compare fundamentals
Panda Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Panda Financial fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Panda Stock
Balance Sheet is a snapshot of the
financial position of Panda Financial Holding at a specified time, usually calculated after every quarter, six months, or one year. Panda Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Panda Financial 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 Panda currently owns. An asset can also be divided into two categories, current and non-current.