Euro Net Interest Income vs Net Income From Continuing Ops Analysis

CLWT Stock  USD 1.45  0.01  0.69%   
Euro Tech financial indicator trend analysis is much more than just examining Euro Tech Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euro Tech Holdings is a good investment. Please check the relationship between Euro Tech Net Interest Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Net Interest Income vs Net Income From Continuing Ops

Net Interest Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euro Tech Holdings Net Interest Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Euro Tech's Net Interest Income and Net Income From Continuing Ops is 0.12. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Euro Tech Holdings, assuming nothing else is changed. The correlation between historical values of Euro Tech's Net Interest Income and Net Income From Continuing Ops 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 Interest Income of Euro Tech Holdings are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Interest Income i.e., Euro Tech's Net Interest Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income From Continuing Ops

Most indicators from Euro Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euro Tech Holdings 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 Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Euro Tech's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 47.2 K in 2024, whereas Enterprise Value Multiple is likely to drop 3.41 in 2024.
 2021 2023 2024 (projected)
Interest Expense3K6.3K6.0K
Depreciation And Amortization38K15K14.3K

Euro Tech fundamental ratios Correlations

-0.660.410.540.97-0.58-0.710.820.410.620.90.410.620.20.71-0.920.10.080.910.39-0.670.730.180.90.90.9
-0.66-0.15-0.11-0.740.850.5-0.530.01-0.38-0.71-0.14-0.380.21-0.630.76-0.31-0.07-0.740.030.38-0.30.26-0.81-0.77-0.78
0.41-0.150.150.36-0.14-0.60.52-0.120.540.260.250.54-0.280.6-0.420.39-0.010.280.08-0.020.470.720.290.250.26
0.54-0.110.150.36-0.1-0.480.380.810.450.260.490.450.57-0.03-0.360.030.080.290.98-0.350.750.090.330.280.29
0.97-0.740.360.36-0.67-0.650.790.260.560.930.290.570.10.79-0.940.090.10.970.2-0.660.620.090.950.960.96
-0.580.85-0.14-0.1-0.670.56-0.31-0.04-0.44-0.530.18-0.440.06-0.720.75-0.29-0.04-0.750.030.32-0.430.4-0.84-0.79-0.8
-0.710.5-0.6-0.48-0.650.56-0.58-0.4-0.96-0.42-0.31-0.950.14-0.580.63-0.60.12-0.62-0.390.15-0.85-0.25-0.72-0.66-0.67
0.82-0.530.520.380.79-0.31-0.580.320.430.810.520.430.140.56-0.770.29-0.20.60.26-0.560.490.40.650.620.62
0.410.01-0.120.810.26-0.04-0.40.320.350.170.470.350.66-0.21-0.260.14-0.210.190.81-0.260.61-0.120.250.220.22
0.62-0.380.540.450.56-0.44-0.960.430.350.330.251.0-0.250.52-0.480.5-0.080.570.38-0.010.790.290.620.60.61
0.9-0.710.260.260.93-0.53-0.420.810.170.330.350.340.090.7-0.88-0.030.00.860.1-0.670.350.10.810.850.84
0.41-0.140.250.490.290.18-0.310.520.470.250.350.250.15-0.13-0.310.050.080.150.45-0.150.330.290.10.130.12
0.62-0.380.540.450.57-0.44-0.950.430.351.00.340.25-0.250.52-0.480.5-0.080.570.38-0.010.790.290.620.610.61
0.20.21-0.280.570.10.060.140.140.66-0.250.090.15-0.25-0.21-0.18-0.320.020.060.57-0.470.3-0.210.070.030.04
0.71-0.630.6-0.030.79-0.72-0.580.56-0.210.520.7-0.130.52-0.21-0.790.190.010.81-0.18-0.390.420.20.810.80.81
-0.920.76-0.42-0.36-0.940.750.63-0.77-0.26-0.48-0.88-0.31-0.48-0.18-0.79-0.12-0.06-0.9-0.20.64-0.6-0.02-0.91-0.89-0.9
0.1-0.310.390.030.09-0.29-0.60.290.140.5-0.030.050.5-0.320.19-0.12-0.530.030.020.320.280.020.240.10.12
0.08-0.07-0.010.080.1-0.040.12-0.2-0.21-0.080.00.08-0.080.020.01-0.06-0.530.220.07-0.250.170.020.060.120.11
0.91-0.740.280.290.97-0.75-0.620.60.190.570.860.150.570.060.81-0.90.030.220.14-0.60.61-0.040.960.990.98
0.390.030.080.980.20.03-0.390.260.810.380.10.450.380.57-0.18-0.20.020.070.14-0.250.680.090.170.120.13
-0.670.38-0.02-0.35-0.660.320.15-0.56-0.26-0.01-0.67-0.15-0.01-0.47-0.390.640.32-0.25-0.6-0.25-0.37-0.02-0.56-0.55-0.55
0.73-0.30.470.750.62-0.43-0.850.490.610.790.350.330.790.30.42-0.60.280.170.610.68-0.370.230.650.590.6
0.180.260.720.090.090.4-0.250.4-0.120.290.10.290.29-0.210.2-0.020.020.02-0.040.09-0.020.23-0.11-0.08-0.09
0.9-0.810.290.330.95-0.84-0.720.650.250.620.810.10.620.070.81-0.910.240.060.960.17-0.560.65-0.110.980.98
0.9-0.770.250.280.96-0.79-0.660.620.220.60.850.130.610.030.8-0.890.10.120.990.12-0.550.59-0.080.981.0
0.9-0.780.260.290.96-0.8-0.670.620.220.610.840.120.610.040.81-0.90.120.110.980.13-0.550.6-0.090.981.0
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Euro Tech Account Relationship Matchups

Euro Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.2M20.1M21.3M19.4M22.1M20.9M
Other Current Liab1.1M1.6M2.5M1.7M1.8M2.4M
Total Current Liabilities6.7M5.5M6.4M4.5M5.6M6.6M
Total Stockholder Equity14.5M13.9M13.9M13.8M15.6M13.1M
Property Plant And Equipment Net1.1M492K453K398K401K381.0K
Net Debt(5.0M)(2.9M)(4.7M)(5.2M)(6.3M)(6.6M)
Retained Earnings4.3M3.8M3.8M3.6M5.5M5.5M
Accounts Payable3.9M2.4M3.2M2.3M3.5M3.7M
Cash6.0M3.5M5.3M5.6M6.6M5.4M
Non Current Assets Total10.2M9.6M9.7M9.9M11.6M8.7M
Non Currrent Assets Other9.5M71K(9.6M)85K144K136.8K
Cash And Short Term Investments6.0M3.5M5.3M5.6M6.6M5.4M
Net Receivables4.3M3.9M3.9M2.0M3.1M4.5M
Common Stock Shares Outstanding5.8M7.7M7.7M7.7M7.7M6.9M
Liabilities And Stockholders Equity22.2M20.1M21.3M19.4M22.1M20.9M
Inventory586K342K547K603K723K934.1K
Other Current Assets1.2M2.7M1.8M1.3M108K102.6K
Other Stockholder Equity8.8M8.8M8.9M8.9M9.0M7.1M
Total Liab6.9M5.6M6.4M4.6M5.6M6.7M
Property Plant And Equipment Gross1.1M492K1.7M1.5M1.5M1.2M
Total Current Assets12.0M10.4M11.5M9.5M10.5M12.4M
Accumulated Other Comprehensive Income1.2M1.2M1.1M1.1M1.1M586.9K
Short Term Debt735K479K551K335K324K377.3K
Current Deferred Revenue900K1.1M1.1M630K650K863.1K
Property Plant Equipment754K1.1M492K453K407.7K387.3K
Net Tangible Assets13.5M13.4M12.9M12.8M11.5M11.1M
Long Term Investments7.9M8.1M8.1M8.3M9.9M7.6M
Short Long Term Debt565K361K376K222K154K146.3K
Capital Lease Obligations386K212K216K200K214K150.1K

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Additional Tools for Euro Stock Analysis

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