688538 Stock | | | 2.22 0.01 0.45% |
Everdisplay Optronics financial indicator trend analysis is much more than just examining Everdisplay Optronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everdisplay Optronics is a good investment. Please check the relationship between Everdisplay Optronics Interest Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Everdisplay Optronics Shanghai. 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.
Interest Income vs Income Before Tax
Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Everdisplay Optronics Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Everdisplay Optronics' Interest Income and Income Before Tax is 0.82. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Everdisplay Optronics Shanghai, assuming nothing else is changed. The correlation between historical values of Everdisplay Optronics' Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Everdisplay Optronics Shanghai are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Everdisplay Optronics' Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Everdisplay Optronics income statement and is an important metric when analyzing Everdisplay Optronics profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Everdisplay Optronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everdisplay Optronics 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 Everdisplay Optronics Shanghai. 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 January 24, 2025,
Selling General Administrative is expected to decline to about 50
M | 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 310.1M | 523.8M | 602.4M | 632.5M | Interest Income | 13.2M | 6.2M | 5.6M | 5.3M |
Everdisplay Optronics fundamental ratios Correlations
Click cells to compare fundamentals
Everdisplay Optronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everdisplay Optronics fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Everdisplay Stock
Balance Sheet is a snapshot of the
financial position of Everdisplay Optronics at a specified time, usually calculated after every quarter, six months, or one year. Everdisplay Optronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everdisplay Optronics 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 Everdisplay currently owns. An asset can also be divided into two categories, current and non-current.