Marwyn Interest Expense vs Net Income Analysis

The correlation between Marwyn Value's Interest Expense and Net Income is 0.02. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Marwyn Value Investors, assuming nothing else is changed. The correlation between historical values of Marwyn Value's Interest Expense and Net 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 Marwyn Value Investors are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Marwyn Value's Interest Expense and Net Income go up and down completely randomly.