VNET Stock | | | USD 3.69 0.06 1.60% |
VNET Group financial indicator trend analysis is much more than just breaking down VNET Group DRC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VNET Group DRC is a good investment. Please check the relationship between VNET Group Net Income and its Interest Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Income vs Interest Income
Net Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VNET Group DRC Net Income account and
Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between VNET Group's Net Income and Interest Income is 0.51. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of VNET Group DRC, assuming nothing else is changed. The correlation between historical values of VNET Group's Net Income 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 Net Income of VNET Group DRC 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 Net Income i.e., VNET Group's Net Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in VNET Group DRC financial statement analysis. It represents the amount of money remaining after all of VNET Group DRC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 VNET Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VNET Group DRC 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 VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Enterprise Value is likely to gain to about 18.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 471.2
M in 2024.
VNET Group fundamental ratios Correlations
Click cells to compare fundamentals
VNET Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VNET Group fundamental ratios Accounts
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Additional Tools for VNET Stock Analysis
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measure VNET Group'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 VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to
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