NetSuite Average Equity vs Earnings before Tax Analysis

NetSuite financial indicator trend analysis is infinitely more than just investigating NetSuite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSuite is a good investment. Please check the relationship between NetSuite Average Equity and its Earnings before Tax accounts. See also Stocks Correlation.

Average Equity vs Earnings before Tax

Accounts Relationship

Average Equity vs Earnings before Tax

Significance: Fragmental Relationship

Average Equity diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of NetSuite Average Equity account and Earnings before Tax

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].
Search macroaxis.com