Goldenbridge Interest Income vs Total Other Income Expense Net Analysis
| GBRGW Stock | USD 0.39 0.04 11.43% |
Goldenbridge Acquisition financial indicator trend analysis is much more than just examining Goldenbridge Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenbridge Acquisition is a good investment. Please check the relationship between Goldenbridge Acquisition Interest Income and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenbridge Acquisition 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 price.
Interest Income vs Total Other Income Expense Net
Interest Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenbridge Acquisition Interest Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Goldenbridge Acquisition's Interest Income and Total Other Income Expense Net is 0.77. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Goldenbridge Acquisition Limited, assuming nothing else is changed. The correlation between historical values of Goldenbridge Acquisition's Interest Income and Total Other Income Expense Net 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 Income of Goldenbridge Acquisition Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Goldenbridge Acquisition's Interest Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Other Income Expense Net
Most indicators from Goldenbridge Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenbridge Acquisition 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 Goldenbridge Acquisition 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 price. Selling General Administrative is likely to drop to about 1 M in 2024. Enterprise Value Over EBITDA is likely to drop to -92.63 in 2024
| 2010 | 2021 | 2023 | 2024 (projected) | Interest Income | 3.2K | 20.1K | 23.1K | 12.8K | Net Interest Income | 3.2K | 20.1K | 23.1K | 12.8K |
Goldenbridge Acquisition fundamental ratios Correlations
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Goldenbridge Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Goldenbridge Acquisition's price analysis, check to measure Goldenbridge Acquisition'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 Goldenbridge Acquisition is operating at the current time. Most of Goldenbridge Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenbridge Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenbridge Acquisition's price. Additionally, you may evaluate how the addition of Goldenbridge Acquisition to your portfolios can decrease your overall portfolio volatility.