601311 Stock | | | 8.89 0.26 3.01% |
Camel Group financial indicator trend analysis is way more than just evaluating Camel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camel Group is a good investment. Please check the relationship between Camel Group Operating Income and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Camel Group 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 board of governors.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Camel Group Operating Income account and
Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Camel Group's Operating Income and Ebit is 0.53. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Camel Group Co, assuming nothing else is changed. The correlation between historical values of Camel Group's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Camel Group Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Camel Group's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Camel Group 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 Camel Group Co 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.
Ebit
Most indicators from Camel Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camel Group 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 Camel Group 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 board of governors.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 471.3
M. In addition to that,
Tax Provision is expected to decline to about 77
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 993.6M | 733.0M | 794.4M | 629.9M | Total Revenue | 12.4B | 13.4B | 14.1B | 7.5B |
Camel Group fundamental ratios Correlations
Click cells to compare fundamentals
Camel Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camel Group fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Camel Stock
Balance Sheet is a snapshot of the
financial position of Camel Group at a specified time, usually calculated after every quarter, six months, or one year. Camel Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Camel Group 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 Camel currently owns. An asset can also be divided into two categories, current and non-current.