Dredging Change To Operating Activities vs Net Income Analysis
| DREDGECORP | | | 627.20 27.85 4.25% |
Dredging financial indicator trend analysis is much more than just examining Dredging latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dredging is a good investment. Please check the relationship between Dredging Change To Operating Activities and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dredging of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Change To Operating Activities vs Net Income
Change To Operating Activities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dredging Change To Operating Activities account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dredging's Change To Operating Activities and Net Income is 0.27. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Dredging of, assuming nothing else is changed. The correlation between historical values of Dredging's Change To Operating Activities and Net 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 Change To Operating Activities of Dredging of are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Dredging's Change To Operating Activities and Net Income go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Change To Operating Activities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dredging financial statement analysis. It represents the amount of money remaining after all of Dredging of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Dredging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dredging 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dredging of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
The current year's
Selling General Administrative is expected to grow to about 1.1
B. The current year's
Tax Provision is expected to grow to about 26.5
MDredging fundamental ratios Correlations
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Dredging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dredging fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Dredging Stock
Balance Sheet is a snapshot of the
financial position of Dredging at a specified time, usually calculated after every quarter, six months, or one year. Dredging Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dredging 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 Dredging currently owns. An asset can also be divided into two categories, current and non-current.