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 Interest Expense and its Gross Profit 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alkyl Amines Chemicals Interest Expense account and
Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alkyl Amines' Interest Expense and Gross Profit is -0.62. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit 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' Interest Expense 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 Interest Expense of Alkyl Amines Chemicals 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 Interest Expense i.e., Alkyl Amines' Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alkyl Amines Chemicals minus its cost of goods sold. It is profit before Alkyl Amines 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 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.