688009 Stock | | | 6.36 0.01 0.16% |
Railway Signal financial indicator trend analysis is much more than just breaking down Railway Signal Commu prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Railway Signal Commu is a good investment. Please check the relationship between Railway Signal Operating Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Railway Signal Communication. 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 Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Railway Signal Commu Operating Income account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Railway Signal's Operating Income and Gross Profit is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Railway Signal Communication, assuming nothing else is changed. The correlation between historical values of Railway Signal's Operating Income and Gross Profit 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 Railway Signal Communication are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Railway Signal's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Railway Signal Commu 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 Railway Signal Communication 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Railway Signal Communication minus its cost of goods sold. It is profit before Railway Signal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Railway Signal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Railway Signal Commu 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 Railway Signal Communication. 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 2, 2024,
Tax Provision is expected to decline to about 574.5
M. In addition to that,
Selling General Administrative is expected to decline to about 633.8
MRailway Signal fundamental ratios Correlations
Click cells to compare fundamentals
Railway Signal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Railway Signal fundamental ratios Accounts
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Other Information on Investing in Railway Stock
Balance Sheet is a snapshot of the
financial position of Railway Signal Commu at a specified time, usually calculated after every quarter, six months, or one year. Railway Signal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Railway Signal 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 Railway currently owns. An asset can also be divided into two categories, current and non-current.