AHF Stock | | | 0.04 0.01 22.58% |
Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Gross Profit and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Australian Dairy Farms Gross Profit account and
Interest Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Australian Dairy's Gross Profit and Interest Expense is 0.32. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Gross Profit and Interest Expense 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 Australian Dairy Farms are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., Australian Dairy's Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Australian Dairy Farms minus its cost of goods sold. It is profit before Australian Dairy 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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 3.6
M in 2024, whereas
Discontinued Operations is likely to drop (2.8
M) in 2024.
Australian Dairy fundamental ratios Correlations
Click cells to compare fundamentals
Australian Dairy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Australian Dairy fundamental ratios Accounts
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Additional Tools for Australian Stock Analysis
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measure Australian Dairy'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 Australian Dairy is operating at the current time. Most of Australian Dairy's value examination focuses on studying past and present price action to
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