ZEG Stock | | | 348.00 4.00 1.14% |
Zegona Communications financial indicator trend analysis is more than just analyzing Zegona Communications Plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zegona Communications Plc is a good investment. Please check the relationship between Zegona Communications Operating Income and its Net Income From Continuing Ops accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zegona Communications Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zegona Communications Plc Operating Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zegona Communications' Operating Income and Net Income From Continuing Ops is 0.9. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Zegona Communications Plc, assuming nothing else is changed. The correlation between historical values of Zegona Communications' Operating Income and Net Income From Continuing Ops 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 Zegona Communications Plc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Zegona Communications' Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Zegona Communications Plc 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 Zegona Communications Plc 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.
Net Income From Continuing Ops
Most indicators from Zegona Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zegona Communications Plc 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 Zegona Communications Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 6.3
M. The current year's
Discontinued Operations is expected to grow to about 137.9
MZegona Communications fundamental ratios Correlations
Click cells to compare fundamentals
Zegona Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zegona Communications fundamental ratios Accounts
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Other Information on Investing in Zegona Stock
Balance Sheet is a snapshot of the
financial position of Zegona Communications Plc at a specified time, usually calculated after every quarter, six months, or one year. Zegona Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zegona Communications 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 Zegona currently owns. An asset can also be divided into two categories, current and non-current.