Elin Net Income vs Begin Period Cash Flow Analysis

ELIN Stock   204.40  2.70  1.34%   
Elin Electronics financial indicator trend analysis is much more than just examining Elin Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elin Electronics is a good investment. Please check the relationship between Elin Electronics Net Income and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. 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 vs Begin Period Cash Flow

Net Income vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elin Electronics Net Income account and Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Elin Electronics' Net Income and Begin Period Cash Flow is 0.5. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Elin Electronics Limited, assuming nothing else is changed. The correlation between historical values of Elin Electronics' Net Income and Begin Period Cash Flow 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 of Elin Electronics Limited are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Elin Electronics' Net Income and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Elin Electronics financial statement analysis. It represents the amount of money remaining after all of Elin Electronics Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Elin Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elin Electronics 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. 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.
Selling General Administrative is likely to gain to about 36.4 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense122.0M130.6M77.4M88.9M
Depreciation And Amortization143.5M186.1M218.5M172.7M

Elin Electronics fundamental ratios Correlations

-0.510.50.610.980.970.55-0.480.940.86-0.60.990.690.870.880.680.85-0.480.90.110.810.41.0-0.330.940.93
-0.51-0.740.09-0.62-0.650.11.0-0.62-0.280.49-0.54-0.93-0.57-0.33-0.96-0.470.92-0.280.23-0.660.31-0.490.93-0.25-0.56
0.5-0.740.150.550.62-0.36-0.710.50.54-0.860.490.850.50.50.650.47-0.680.3-0.710.41-0.030.51-0.70.260.56
0.610.090.150.450.460.450.140.470.82-0.520.530.220.250.830.090.3-0.110.830.250.190.930.650.350.740.44
0.98-0.620.550.450.990.49-0.590.960.78-0.560.980.740.910.810.770.86-0.550.820.060.880.210.97-0.460.860.96
0.97-0.650.620.460.990.46-0.620.960.78-0.60.980.770.880.820.780.83-0.590.83-0.030.830.220.96-0.490.840.97
0.550.1-0.360.450.490.460.090.540.290.280.6-0.090.340.390.150.340.070.710.70.320.430.520.270.650.52
-0.481.0-0.710.14-0.59-0.620.09-0.61-0.230.43-0.52-0.9-0.55-0.29-0.95-0.450.91-0.250.2-0.640.35-0.460.93-0.22-0.54
0.94-0.620.50.470.960.960.54-0.610.7-0.490.940.710.760.830.80.69-0.650.850.130.790.190.93-0.40.790.97
0.86-0.280.540.820.780.780.29-0.230.7-0.820.790.60.70.940.420.73-0.320.82-0.040.610.670.9-0.110.890.7
-0.60.49-0.86-0.52-0.56-0.60.280.43-0.49-0.82-0.5-0.76-0.53-0.74-0.47-0.530.51-0.460.5-0.46-0.33-0.640.38-0.49-0.51
0.99-0.540.490.530.980.980.6-0.520.940.79-0.50.670.870.810.70.85-0.480.880.10.790.340.97-0.380.90.95
0.69-0.930.850.220.740.77-0.09-0.90.710.6-0.760.670.690.60.920.62-0.880.47-0.260.73-0.020.69-0.820.480.65
0.87-0.570.50.250.910.880.34-0.550.760.7-0.530.870.690.610.670.99-0.370.59-0.010.930.10.86-0.560.80.78
0.88-0.330.50.830.810.820.39-0.290.830.94-0.740.810.60.610.520.59-0.470.90.080.60.590.91-0.070.850.79
0.68-0.960.650.090.770.780.15-0.950.80.42-0.470.70.920.670.520.56-0.920.5-0.010.78-0.180.67-0.810.460.71
0.85-0.470.470.30.860.830.34-0.450.690.73-0.530.850.620.990.590.56-0.250.58-0.030.870.190.84-0.490.820.73
-0.480.92-0.68-0.11-0.55-0.590.070.91-0.65-0.320.51-0.48-0.88-0.37-0.47-0.92-0.25-0.390.1-0.520.16-0.480.72-0.24-0.53
0.9-0.280.30.830.820.830.71-0.250.850.82-0.460.880.470.590.90.50.58-0.390.290.540.660.9-0.010.910.83
0.110.23-0.710.250.06-0.030.70.20.13-0.040.50.1-0.26-0.010.08-0.01-0.030.10.290.180.250.110.370.3-0.04
0.81-0.660.410.190.880.830.32-0.640.790.61-0.460.790.730.930.60.780.87-0.520.540.18-0.040.81-0.60.730.72
0.40.31-0.030.930.210.220.430.350.190.67-0.330.34-0.020.10.59-0.180.190.160.660.25-0.040.430.490.620.19
1.0-0.490.510.650.970.960.52-0.460.930.9-0.640.970.690.860.910.670.84-0.480.90.110.810.43-0.30.940.91
-0.330.93-0.70.35-0.46-0.490.270.93-0.4-0.110.38-0.38-0.82-0.56-0.07-0.81-0.490.72-0.010.37-0.60.49-0.3-0.08-0.38
0.94-0.250.260.740.860.840.65-0.220.790.89-0.490.90.480.80.850.460.82-0.240.910.30.730.620.94-0.080.77
0.93-0.560.560.440.960.970.52-0.540.970.7-0.510.950.650.780.790.710.73-0.530.83-0.040.720.190.91-0.380.77
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Elin Electronics Account Relationship Matchups

Elin Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.1B5.3B7.3B6.7B5.9B
Short Long Term Debt Total700.9M1.1B1.0B783.6M119.9M113.9M
Other Current Liab(452.3K)(40.6M)132.8M198.0M276.4M290.2M
Total Current Liabilities1.1B2.0B1.9B1.9B1.5B1.8B
Total Stockholder Equity2.3B2.6B3.0B4.9B5.0B3.6B
Property Plant And Equipment Net1.5B1.6B1.9B2.3B2.3B2.1B
Current Deferred Revenue155.0M188.5M176.5M159.9M63.9M60.7M
Net Debt610.2M1.1B985.1M779.7M117.7M111.8M
Retained Earnings1.4B1.7B2.0B2.3B2.8B2.1B
Accounts Payable681.6M1.0B992.4M1.3B1.1B1.1B
Cash90.7M46.8M40.1M3.9M2.2M2.1M
Non Current Assets Total1.7B1.8B2.1B2.7B2.5B2.3B
Cash And Short Term Investments341.5M182.4M51.7M1.3B930.3M542.3M
Net Receivables908.2M1.8B1.8B2.0B2.0B1.8B
Short Term Investments250.8M135.6M11.6M1.3B691.2M459.5M
Liabilities And Stockholders Equity3.9B5.1B5.3B7.3B6.7B5.9B
Non Current Liabilities Total463.7M459.7M442.8M514.3M117.0M111.2M
Inventory799M1.1B1.2B1.2B1.1B1.2B
Other Current Assets1.0B1.9B189.3M235.0M204.2M194.0M
Other Stockholder Equity808.2M854.7M59.6M1.7B1.9B1.0B
Total Liab1.6B2.5B2.3B2.4B1.7B2.3B
Total Current Assets2.2B3.3B3.2B4.6B4.2B3.7B
Accumulated Other Comprehensive Income715.9M745.1M725.7M741.8M280.0M515.1M
Short Term Debt298.3M766.3M683.7M382.6M114.8M109.1M
Intangible Assets950K6.7M4.2M11.2M5.8M5.5M

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