ALKYLAMINE | | | 1,943 9.10 0.47% |
Alkyl Amines financial indicator trend analysis is way more than just evaluating Alkyl Amines Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkyl Amines Chemicals is a good investment. Please check the relationship between Alkyl Amines Income Before Tax and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkyl Amines Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alkyl Amines Chemicals Income Before Tax account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alkyl Amines' Income Before Tax and Cost Of Revenue is 0.69. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Alkyl Amines Chemicals, assuming nothing else is changed. The correlation between historical values of Alkyl Amines' Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Alkyl Amines Chemicals are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Alkyl Amines' Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Alkyl Amines income statement and is an important metric when analyzing Alkyl Amines Chemicals 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.
Cost Of Revenue
Cost of Revenue is found on Alkyl Amines Chemicals income statement and represents the costs associated with goods and services Alkyl Amines provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Alkyl Amines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkyl Amines Chemicals 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 Alkyl Amines Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Alkyl Amines'
Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024,
Tax Provision is likely to grow to about 592.4
M, while
Issuance Of Capital Stock is likely to drop about 95
K.
Alkyl Amines fundamental ratios Correlations
Click cells to compare fundamentals
Alkyl Amines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alkyl Amines fundamental ratios Accounts
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Other Information on Investing in Alkyl Stock
Balance Sheet is a snapshot of the
financial position of Alkyl Amines Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Alkyl Amines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alkyl Amines 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 Alkyl currently owns. An asset can also be divided into two categories, current and non-current.