ARMANFIN | | | 1,438 69.75 5.10% |
Arman Financial financial indicator trend analysis is way more than just evaluating Arman Financial Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arman Financial Services is a good investment. Please check the relationship between Arman Financial Net Income From Continuing Ops and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Arman Financial Services. 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.
Net Income From Continuing Ops vs Other Operating Expenses
Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Arman Financial Services Net Income From Continuing Ops account and
Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Arman Financial's Net Income From Continuing Ops and Other Operating Expenses is 0.26. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Arman Financial Services, assuming nothing else is changed. The correlation between historical values of Arman Financial's Net Income From Continuing Ops and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Arman Financial Services are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Arman Financial's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Arman Financial Services. It is also known as Arman Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Arman Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arman Financial Services 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 Arman Financial Services. 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.
The Arman Financial's current
Selling General Administrative is estimated to increase to about 912.4
M. The Arman Financial's current
Tax Provision is estimated to increase to about 658.3
MArman Financial fundamental ratios Correlations
Click cells to compare fundamentals
Arman Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arman Financial fundamental ratios Accounts
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Other Information on Investing in Arman Stock
Balance Sheet is a snapshot of the
financial position of Arman Financial Services at a specified time, usually calculated after every quarter, six months, or one year. Arman Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arman Financial 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 Arman currently owns. An asset can also be divided into two categories, current and non-current.