BingEx Operating Income vs Non Current Assets Total Analysis
| FLX Stock | 9.36 1.41 13.09% |
BingEx financial indicator trend analysis is way more than just evaluating BingEx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BingEx is a good investment. Please check the relationship between BingEx Operating Income and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BingEx. 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. For more information on how to buy BingEx Stock please use our How to Invest in BingEx guide.
Operating Income vs Non Current Assets Total
Operating Income vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BingEx Operating Income account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BingEx's Operating Income and Non Current Assets Total is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of BingEx, assuming nothing else is changed. The correlation between historical values of BingEx's Operating Income and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of BingEx are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Operating Income i.e., BingEx's Operating Income and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from BingEx operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BingEx is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from BingEx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BingEx 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 BingEx. 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. For more information on how to buy BingEx Stock please use our How to Invest in BingEx guide.Selling General Administrative is likely to drop to about 265.1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.3M | 9.6M | 20.9M | 10.9M | Net Interest Income | 5.3M | 9.6M | 20.9M | 10.9M |
BingEx fundamental ratios Correlations
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BingEx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running BingEx's price analysis, check to measure BingEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BingEx is operating at the current time. Most of BingEx's value examination focuses on studying past and present price action to predict the probability of BingEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BingEx's price. Additionally, you may evaluate how the addition of BingEx to your portfolios can decrease your overall portfolio volatility.