601166 Stock | | | 18.42 0.03 0.16% |
Industrial Bank financial indicator trend analysis is infinitely more than just investigating Industrial Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Bank is a good investment. Please check the relationship between Industrial Bank Retained Earnings and its Preferred Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial Bank Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Retained Earnings vs Preferred Stock Total Equity
Retained Earnings vs Preferred Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Industrial Bank Retained Earnings account and
Preferred Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Industrial Bank's Retained Earnings and Preferred Stock Total Equity is 0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Preferred Stock Total Equity in the same time period over historical financial statements of Industrial Bank Co, assuming nothing else is changed. The correlation between historical values of Industrial Bank's Retained Earnings and Preferred Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Industrial Bank Co are associated (or correlated) with its Preferred Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Preferred Stock Total Equity has no effect on the direction of Retained Earnings i.e., Industrial Bank's Retained Earnings and Preferred Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Preferred Stock Total Equity
Most indicators from Industrial Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Bank 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial Bank Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 30
B. The current year's
Tax Provision is expected to grow to about 9.9
BIndustrial Bank fundamental ratios Correlations
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Industrial Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Industrial Bank fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Industrial Stock
Balance Sheet is a snapshot of the
financial position of Industrial Bank at a specified time, usually calculated after every quarter, six months, or one year. Industrial Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Industrial Bank 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 Industrial currently owns. An asset can also be divided into two categories, current and non-current.