Forafric Total Revenue vs Ebit Per Revenue Analysis

AFRIW Stock  USD 1.09  0.06  5.22%   
Forafric Global financial indicator trend analysis is much more than just examining Forafric Global PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forafric Global PLC is a good investment. Please check the relationship between Forafric Global Total Revenue and its Ebit Per Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Revenue vs Ebit Per Revenue

Total Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forafric Global PLC Total Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Forafric Global's Total Revenue and Ebit Per Revenue is -0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Forafric Global PLC, assuming nothing else is changed. The correlation between historical values of Forafric Global's Total Revenue and Ebit Per 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 Total Revenue of Forafric Global PLC are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Total Revenue i.e., Forafric Global's Total Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Forafric Global PLC 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.

Ebit Per Revenue

Most indicators from Forafric Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forafric Global PLC 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 Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Forafric Global's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 64.45 in 2024, despite the fact that Tax Provision is likely to grow to (100.7 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization5.2M6.6M6.1M6.1M
Interest Income543K34K37K35.2K

Forafric Global fundamental ratios Correlations

-0.52-0.630.980.870.91-0.72-0.880.880.930.940.85-0.920.930.960.81-0.2-0.920.920.050.93-0.30.980.990.970.29
-0.520.88-0.48-0.86-0.430.890.27-0.32-0.48-0.46-0.270.8-0.48-0.5-0.580.890.8-0.710.66-0.780.96-0.52-0.54-0.38-0.81
-0.630.88-0.54-0.87-0.620.840.31-0.37-0.44-0.64-0.280.83-0.44-0.58-0.810.860.79-0.880.73-0.780.82-0.6-0.61-0.53-0.92
0.98-0.48-0.540.840.89-0.68-0.90.930.980.910.88-0.890.980.950.72-0.11-0.910.850.160.92-0.250.970.990.970.19
0.87-0.86-0.870.840.76-0.92-0.650.660.810.790.63-0.990.810.860.8-0.63-0.990.94-0.350.98-0.720.870.880.770.64
0.91-0.43-0.620.890.76-0.66-0.850.90.781.00.84-0.830.780.760.89-0.19-0.80.88-0.060.82-0.190.820.870.910.3
-0.720.890.84-0.68-0.92-0.660.62-0.5-0.66-0.69-0.610.92-0.66-0.67-0.810.70.9-0.820.46-0.880.78-0.7-0.72-0.55-0.61
-0.880.270.31-0.9-0.65-0.850.62-0.88-0.89-0.86-1.00.75-0.89-0.8-0.7-0.10.76-0.67-0.32-0.760.03-0.84-0.87-0.830.1
0.88-0.32-0.370.930.660.9-0.5-0.880.890.90.88-0.740.890.770.630.05-0.760.710.250.78-0.040.830.890.930.04
0.93-0.48-0.440.980.810.78-0.66-0.890.890.810.88-0.861.00.930.59-0.06-0.890.750.260.9-0.260.950.970.90.09
0.94-0.46-0.640.910.791.0-0.69-0.860.90.810.85-0.860.810.80.9-0.21-0.840.9-0.060.85-0.220.850.90.930.32
0.85-0.27-0.280.880.630.84-0.61-1.00.880.880.85-0.730.880.760.670.11-0.740.630.330.74-0.020.80.840.81-0.13
-0.920.80.83-0.89-0.99-0.830.920.75-0.74-0.86-0.86-0.73-0.86-0.88-0.840.540.99-0.950.26-0.990.63-0.91-0.92-0.83-0.55
0.93-0.48-0.440.980.810.78-0.66-0.890.891.00.810.88-0.860.930.59-0.06-0.890.750.260.9-0.260.950.970.90.09
0.96-0.5-0.580.950.860.76-0.67-0.80.770.930.80.76-0.880.930.68-0.18-0.90.860.120.91-0.320.990.970.910.26
0.81-0.58-0.810.720.80.89-0.81-0.70.630.590.90.67-0.840.590.68-0.48-0.790.91-0.390.78-0.430.720.750.720.55
-0.20.890.86-0.11-0.63-0.190.7-0.10.05-0.06-0.210.110.54-0.06-0.18-0.480.5-0.540.92-0.480.95-0.19-0.19-0.06-0.94
-0.920.80.79-0.91-0.99-0.80.90.76-0.76-0.89-0.84-0.740.99-0.89-0.9-0.790.5-0.920.21-1.00.63-0.92-0.94-0.83-0.51
0.92-0.71-0.880.850.940.88-0.82-0.670.710.750.90.63-0.950.750.860.91-0.54-0.92-0.350.93-0.550.880.890.860.64
0.050.660.730.16-0.35-0.060.46-0.320.250.26-0.060.330.260.260.12-0.390.920.21-0.35-0.180.760.110.090.15-0.9
0.93-0.78-0.780.920.980.82-0.88-0.760.780.90.850.74-0.990.90.910.78-0.48-1.00.93-0.18-0.60.930.950.860.5
-0.30.960.82-0.25-0.72-0.190.780.03-0.04-0.26-0.22-0.020.63-0.26-0.32-0.430.950.63-0.550.76-0.6-0.32-0.32-0.14-0.85
0.98-0.52-0.60.970.870.82-0.7-0.840.830.950.850.8-0.910.950.990.72-0.19-0.920.880.110.93-0.320.990.940.27
0.99-0.54-0.610.990.880.87-0.72-0.870.890.970.90.84-0.920.970.970.75-0.19-0.940.890.090.95-0.320.990.960.27
0.97-0.38-0.530.970.770.91-0.55-0.830.930.90.930.81-0.830.90.910.72-0.06-0.830.860.150.86-0.140.940.960.21
0.29-0.81-0.920.190.640.3-0.610.10.040.090.32-0.13-0.550.090.260.55-0.94-0.510.64-0.90.5-0.850.270.270.21
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Forafric Global Account Relationship Matchups

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