Solanbridge Short Term Debt vs Operating Income Analysis
Solanbridge financial indicator trend analysis is much more than just breaking down Solanbridge Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solanbridge Group is a good investment. Please check the relationship between Solanbridge Short Term Debt and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solanbridge Group. 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.
Short Term Debt vs Operating Income
Short Term Debt vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solanbridge Group Short Term Debt account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Solanbridge's Short Term Debt and Operating Income is 0.68. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Operating Income in the same time period over historical financial statements of Solanbridge Group, assuming nothing else is changed. The correlation between historical values of Solanbridge's Short Term Debt and Operating 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 Short Term Debt of Solanbridge Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Short Term Debt i.e., Solanbridge's Short Term Debt and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Short Term Debt
Operating Income
Operating Income is the amount of profit realized from Solanbridge Group 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 Solanbridge Group 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.Most indicators from Solanbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solanbridge Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solanbridge Group. 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. Selling General Administrative is likely to drop to about 139.1 K in 2024. Enterprise Value Over EBITDA is likely to drop to -0.0004 in 2024
Solanbridge fundamental ratios Correlations
Click cells to compare fundamentals
Solanbridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Solanbridge's price analysis, check to measure Solanbridge'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 Solanbridge is operating at the current time. Most of Solanbridge's value examination focuses on studying past and present price action to predict the probability of Solanbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solanbridge's price. Additionally, you may evaluate how the addition of Solanbridge to your portfolios can decrease your overall portfolio volatility.