Able Net Profit Margin vs Pretax Profit Margin Analysis
ABLVW Stock | 0.02 0.00 0.00% |
Able View financial indicator trend analysis is way more than just evaluating Able View Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Able View Global is a good investment. Please check the relationship between Able View Net Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Net Profit Margin vs Pretax Profit Margin
Net Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Net Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between Able View's Net Profit Margin and Pretax Profit Margin is 1.0. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Able View Global, assuming nothing else is changed. The correlation between historical values of Able View's Net Profit Margin and Pretax Profit Margin 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 Profit Margin of Able View Global are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Net Profit Margin i.e., Able View's Net Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Pretax Profit Margin
Most indicators from Able View's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Able View Global 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Tax Provision is likely to drop to about 1.6 M in 2024. Selling General Administrative is likely to drop to about 7.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 787.5K | 612.6K | 842.2K | 702.8K | Depreciation And Amortization | 125.6K | 417.6K | 880.4K | 924.4K |
Able View fundamental ratios Correlations
Click cells to compare fundamentals
Able View Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Able View's price analysis, check to measure Able View's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.