603109 Stock | | | 16.47 0.13 0.80% |
Senci Electric financial indicator trend analysis is much more than just breaking down Senci Electric Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senci Electric Machinery is a good investment. Please check the relationship between Senci Electric End Period Cash Flow and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senci Electric Machinery. 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senci Electric Machinery End Period Cash Flow account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Senci Electric's End Period Cash Flow and Net Income is 0.67. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Senci Electric Machinery, assuming nothing else is changed. The correlation between historical values of Senci Electric's End Period Cash Flow and Net 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 End Period Cash Flow of Senci Electric Machinery are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Senci Electric's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Senci Electric Machinery financial statement analysis. It represents the amount of money remaining after all of Senci Electric Machinery operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Senci Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senci Electric Machinery 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 Senci Electric Machinery. 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 December 12, 2024,
Tax Provision is expected to decline to about 25.8
M. In addition to that,
Selling General Administrative is expected to decline to about 177.2
MSenci Electric fundamental ratios Correlations
Click cells to compare fundamentals
Senci Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senci Electric fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Senci Stock
Balance Sheet is a snapshot of the
financial position of Senci Electric Machinery at a specified time, usually calculated after every quarter, six months, or one year. Senci Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Senci Electric 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 Senci currently owns. An asset can also be divided into two categories, current and non-current.