AIM Stock | | | 0.77 0.03 4.05% |
AiMedia Technologies financial indicator trend analysis is way more than just evaluating AiMedia Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AiMedia Technologies is a good investment. Please check the relationship between AiMedia Technologies Operating Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AiMedia Technologies. 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.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AiMedia Technologies Operating Income account and
Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between AiMedia Technologies' Operating Income and Gross Profit is 0.02. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AiMedia Technologies, assuming nothing else is changed. The correlation between historical values of AiMedia Technologies' Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of AiMedia Technologies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., AiMedia Technologies' Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from AiMedia Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of AiMedia Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of AiMedia Technologies minus its cost of goods sold. It is profit before AiMedia Technologies 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.
Most indicators from AiMedia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AiMedia Technologies 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 AiMedia Technologies. 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.
At this time, AiMedia Technologies'
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 45.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 56.2
M in 2024.
AiMedia Technologies fundamental ratios Correlations
Click cells to compare fundamentals
AiMedia Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AiMedia Technologies fundamental ratios Accounts
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Additional Tools for AiMedia Stock Analysis
When running AiMedia Technologies' price analysis, check to
measure AiMedia Technologies' 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 AiMedia Technologies is operating at the current time. Most of AiMedia Technologies' value examination focuses on studying past and present price action to
predict the probability of AiMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AiMedia Technologies' price. Additionally, you may evaluate how the addition of AiMedia Technologies to your portfolios can decrease your overall portfolio volatility.