601330 Stock | | | 6.72 0.19 2.91% |
Dynagreen Environmental financial indicator trend analysis is much more than just examining Dynagreen Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynagreen Environmental is a good investment. Please check the relationship between Dynagreen Environmental Net Income and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dynagreen Environmental Protection. 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 vs Reconciled Depreciation
Net Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dynagreen Environmental Net Income account and
Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dynagreen Environmental's Net Income and Reconciled Depreciation is 0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Dynagreen Environmental Protection, assuming nothing else is changed. The correlation between historical values of Dynagreen Environmental's Net Income and Reconciled Depreciation 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 of Dynagreen Environmental Protection are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., Dynagreen Environmental's Net Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dynagreen Environmental financial statement analysis. It represents the amount of money remaining after all of Dynagreen Environmental Protection operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Reconciled Depreciation
Most indicators from Dynagreen Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynagreen Environmental 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 Dynagreen Environmental Protection. 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 28, 2024,
Tax Provision is expected to decline to about 93.7
M. In addition to that,
Selling General Administrative is expected to decline to about 41.4
MDynagreen Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Dynagreen Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynagreen Environmental fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Dynagreen Stock
Balance Sheet is a snapshot of the
financial position of Dynagreen Environmental at a specified time, usually calculated after every quarter, six months, or one year. Dynagreen Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dynagreen Environmental 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 Dynagreen currently owns. An asset can also be divided into two categories, current and non-current.