| 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 Net Income From Continuing Ops and its Cost Of Revenue 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.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Panda Financial Holding Net Income From Continuing Ops account and
Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Panda Financial's Net Income From Continuing Ops and Cost Of Revenue is 0.23. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue 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 Net Income From Continuing Ops and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Panda Financial Holding are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Panda Financial's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on Panda Financial Holding income statement and represents the costs associated with goods and services Panda Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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.
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.