Global Interest Expense vs Net Interest Income Analysis
GBBKW Stock | USD 0.03 0.02 33.67% |
Global Blockchain financial indicator trend analysis is much more than just examining Global Blockchain latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Blockchain is a good investment. Please check the relationship between Global Blockchain Interest Expense and its Net Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Interest Expense vs Net Interest Income
Interest Expense vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Blockchain Interest Expense account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Global Blockchain's Interest Expense and Net Interest Income is -0.83. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Global Blockchain Acquisition, assuming nothing else is changed. The correlation between historical values of Global Blockchain's Interest Expense and Net Interest Income 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 Global Blockchain Acquisition are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Expense i.e., Global Blockchain's Interest Expense and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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.Most indicators from Global Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Blockchain 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. Tax Provision is likely to drop to about 1 M in 2024. Selling General Administrative is likely to drop to about 606.9 K in 2024
2010 | 2023 | 2024 (projected) | Net Interest Income | 2.5M | 6.7M | 5.1M | Tax Provision | 486.6K | 1.4M | 1.0M |
Global Blockchain fundamental ratios Correlations
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Global Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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