| 688229 Stock | | | 45.00 6.92 18.17% |
Bonree Data financial indicator trend analysis is way more than just evaluating Bonree Data Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bonree Data Technology is a good investment. Please check the relationship between Bonree Data Free Cash Flow and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bonree Data Technology. 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.
Free Cash Flow vs Net Income
Free Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bonree Data Technology Free Cash Flow account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Bonree Data's Free Cash Flow and Net Income is 0.99. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Bonree Data Technology, assuming nothing else is changed. The correlation between historical values of Bonree Data's Free 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 Free Cash Flow of Bonree Data Technology 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 Free Cash Flow i.e., Bonree Data's Free Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Bonree Data Technology financial statement analysis. It represents the amount of money remaining after all of Bonree Data Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bonree Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bonree Data Technology 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 Bonree Data Technology. 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 19.8
M, whereas
Tax Provision is forecasted to decline to (278.5
K).
Bonree Data fundamental ratios Correlations
Click cells to compare fundamentals
Bonree Data Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bonree Data fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Bonree Stock
Balance Sheet is a snapshot of the
financial position of Bonree Data Technology at a specified time, usually calculated after every quarter, six months, or one year. Bonree Data Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bonree Data 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 Bonree currently owns. An asset can also be divided into two categories, current and non-current.