SSY Stock | | | USD 0.77 0.02 2.53% |
SunLink Health financial indicator trend analysis is much more than just breaking down SunLink Health Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunLink Health Systems is a good investment. Please check the relationship between SunLink Health Selling General Administrative and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative vs Net Income
Selling General Administrative vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SunLink Health Systems Selling General Administrative account and
Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between SunLink Health's Selling General Administrative and Net Income is 0.06. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income in the same time period over historical financial statements of SunLink Health Systems, assuming nothing else is changed. The correlation between historical values of SunLink Health's Selling General Administrative 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 Selling General Administrative of SunLink Health Systems 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 Selling General Administrative i.e., SunLink Health's Selling General Administrative and Net Income go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SunLink Health Systems financial statement analysis. It represents the amount of money remaining after all of SunLink Health Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from SunLink Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunLink Health Systems 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 SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to drop to about 10.4
M in 2024.
Discontinued Operations is likely to rise to about (119.7
K) in 2024
SunLink Health fundamental ratios Correlations
Click cells to compare fundamentals
SunLink Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SunLink Health fundamental ratios Accounts
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