002261 Stock | | | 20.40 0.25 1.21% |
Talkweb Information financial indicator trend analysis is much more than just breaking down Talkweb Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Talkweb Information is a good investment. Please check the relationship between Talkweb Information Gross Profit and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Talkweb Information System. 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.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Talkweb Information Gross Profit account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Talkweb Information's Gross Profit and Net Income is -0.03. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Talkweb Information System, assuming nothing else is changed. The correlation between historical values of Talkweb Information's Gross Profit 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 Gross Profit of Talkweb Information System 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 Gross Profit i.e., Talkweb Information's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Talkweb Information System minus its cost of goods sold. It is profit before Talkweb Information operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Talkweb Information financial statement analysis. It represents the amount of money remaining after all of Talkweb Information System operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Talkweb Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Talkweb Information 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 Talkweb Information System. 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.
At present, Talkweb Information's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 13.5
M, whereas
Discontinued Operations is forecasted to decline to (2.3
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 707.9M | 535.1M | 647.4M | 662.7M | Research Development | 176.3M | 189.4M | 195.9M | 151.5M |
Talkweb Information fundamental ratios Correlations
Click cells to compare fundamentals
Talkweb Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Talkweb Information fundamental ratios Accounts
Also Currently Popular
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 Talkweb Stock
Balance Sheet is a snapshot of the
financial position of Talkweb Information at a specified time, usually calculated after every quarter, six months, or one year. Talkweb Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Talkweb Information 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 Talkweb currently owns. An asset can also be divided into two categories, current and non-current.