Wang Operating Income vs Total Revenue Analysis
WLGS Stock | 4.22 0.30 7.65% |
Wang Lee financial indicator trend analysis is more than just analyzing Wang Lee Group, current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wang Lee Group, is a good investment. Please check the relationship between Wang Lee Operating Income and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wang Lee 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 price.
Operating Income vs Total Revenue
Operating Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wang Lee Group, Operating Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Wang Lee's Operating Income and Total Revenue is -0.74. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Wang Lee Group,, assuming nothing else is changed. The correlation between historical values of Wang Lee's Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Wang Lee Group, are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Wang Lee's Operating Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Wang Lee 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 Wang Lee 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.Total Revenue
Total revenue comprises all receipts Wang Lee Group, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Wang Lee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wang Lee 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wang Lee 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 price. Issuance Of Capital Stock is likely to gain to about 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.3K | 35.4K | 61.6K | 43.9K | Depreciation And Amortization | 466.88 | 2.6K | 32.4K | 34.0K |
Wang Lee fundamental ratios Correlations
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Wang Lee Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Wang Lee's price analysis, check to measure Wang Lee'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 Wang Lee is operating at the current time. Most of Wang Lee's value examination focuses on studying past and present price action to predict the probability of Wang Lee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wang Lee's price. Additionally, you may evaluate how the addition of Wang Lee to your portfolios can decrease your overall portfolio volatility.