Tarena Income Before Tax vs Interest Income Analysis
| TCTM Stock | 0.83 0.02 2.47% |
Tarena International financial indicator trend analysis is much more than just breaking down Tarena International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tarena International is a good investment. Please check the relationship between Tarena International Income Before Tax and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tarena International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Tarena Stock, please use our How to Invest in Tarena International guide.
Income Before Tax vs Interest Income
Income Before Tax vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tarena International Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Tarena International's Income Before Tax and Interest Income is -0.85. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of Tarena International, assuming nothing else is changed. The correlation between historical values of Tarena International's Income Before Tax and 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 Income Before Tax of Tarena International are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Tarena International's Income Before Tax and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.85 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Tarena International income statement and is an important metric when analyzing Tarena International profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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.Most indicators from Tarena International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tarena International 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 Tarena International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Tarena Stock, please use our How to Invest in Tarena International guide.At this time, Tarena International's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.31, though Tax Provision is likely to grow to (7.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.4B | 624.4M | 810.5M | Total Revenue | 2.4B | 2.5B | 1.4B | 1.6B |
Tarena International fundamental ratios Correlations
Click cells to compare fundamentals
Tarena International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tarena International. If investors know Tarena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tarena International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.26 | Revenue Per Share 127.631 | Return On Assets 0.0071 |
The market value of Tarena International is measured differently than its book value, which is the value of Tarena that is recorded on the company's balance sheet. Investors also form their own opinion of Tarena International's value that differs from its market value or its book value, called intrinsic value, which is Tarena International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tarena International's market value can be influenced by many factors that don't directly affect Tarena International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tarena International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tarena International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tarena International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.