Aeries Net Income vs Cost Of Revenue Analysis
| AERT Stock | USD 0.90 0.10 10.00% |
Aeries Technology financial indicator trend analysis is way more than just evaluating Aeries Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeries Technology is a good investment. Please check the relationship between Aeries Technology Net Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeries Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aeries Stock please use our How to Invest in Aeries Technology guide.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeries Technology Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aeries Technology's Net Income and Cost Of Revenue is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Aeries Technology, assuming nothing else is changed. The correlation between historical values of Aeries Technology's Net Income and Cost Of 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 of Aeries Technology are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Aeries Technology's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Aeries Technology financial statement analysis. It represents the amount of money remaining after all of Aeries Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Aeries Technology income statement and represents the costs associated with goods and services Aeries Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Aeries Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeries Technology 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 Aeries Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aeries Stock please use our How to Invest in Aeries Technology guide.Tax Provision is likely to drop to about 1.5 M in 2024. Selling General Administrative is likely to drop to about 13 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.1M | 1.2M | 1.4M | 1.3M | Interest Income | 284K | 191K | 275K | 200K |
Aeries Technology fundamental ratios Correlations
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Aeries Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Aeries Stock Analysis
When running Aeries Technology's price analysis, check to measure Aeries Technology'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 Aeries Technology is operating at the current time. Most of Aeries Technology's value examination focuses on studying past and present price action to predict the probability of Aeries Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeries Technology's price. Additionally, you may evaluate how the addition of Aeries Technology to your portfolios can decrease your overall portfolio volatility.