Piotech Net Income From Continuing Ops vs Total Revenue Analysis

688072 Stock   190.10  2.24  1.19%   
Piotech financial indicator trend analysis is much more than just breaking down Piotech Inc A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piotech Inc A is a good investment. Please check the relationship between Piotech Net Income From Continuing Ops and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Piotech Inc A. 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.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piotech Inc A Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Piotech's Net Income From Continuing Ops and Total Revenue is 1.0. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Piotech Inc A, assuming nothing else is changed. The correlation between historical values of Piotech's Net Income From Continuing Ops and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Piotech Inc A are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Piotech's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Piotech Inc A generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Piotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piotech Inc A 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 Piotech Inc A. 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 420 M. The current year's Tax Provision is expected to grow to about 68.3 M
 2021 2022 2023 2024 (projected)
Interest Income18.7M30.8M62.0M65.1M
Net Interest Income18.2M27.7M29.7M20.0M

Piotech fundamental ratios Correlations

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0.80.670.690.780.880.760.540.940.920.570.930.90.870.850.860.770.90.740.850.970.910.940.910.990.37
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Balance Sheet is a snapshot of the financial position of Piotech Inc A at a specified time, usually calculated after every quarter, six months, or one year. Piotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Piotech 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 Piotech currently owns. An asset can also be divided into two categories, current and non-current.