Panorama Ebit vs Net Income Analysis
| PANO-P Stock | CAD 0.04 0.00 0.00% |
Panorama Capital financial indicator trend analysis is much more than just breaking down Panorama Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panorama Capital Corp is a good investment. Please check the relationship between Panorama Capital Ebit and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Panorama Capital Corp. 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.
Ebit vs Net Income
Ebit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panorama Capital Corp Ebit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Panorama Capital's Ebit and Net Income is 0.81. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of Panorama Capital Corp, assuming nothing else is changed. The correlation between historical values of Panorama Capital's Ebit 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 Ebit of Panorama Capital Corp 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 Ebit i.e., Panorama Capital's Ebit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Ebit
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Panorama Capital Corp financial statement analysis. It represents the amount of money remaining after all of Panorama Capital Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Panorama Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panorama Capital Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Panorama Capital Corp. 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. The current year's Issuance Of Capital Stock is expected to grow to about 525 K, whereas Selling General Administrative is forecasted to decline to about 29.4 K.
Panorama Capital fundamental ratios Correlations
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Panorama Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Panorama Stock
Balance Sheet is a snapshot of the financial position of Panorama Capital Corp at a specified time, usually calculated after every quarter, six months, or one year. Panorama Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Panorama Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Panorama currently owns. An asset can also be divided into two categories, current and non-current.