Montana Income Before Tax vs Depreciation And Amortization Analysis
| AIRJW Stock | 0.70 0.02 2.94% |
Montana Technologies financial indicator trend analysis is infinitely more than just investigating Montana Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montana Technologies is a good investment. Please check the relationship between Montana Technologies Income Before Tax and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Montana 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 inflation. For more information on how to buy Montana Stock please use our How to Invest in Montana Technologies guide.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montana Technologies Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between Montana Technologies' Income Before Tax and Depreciation And Amortization is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Montana Technologies, assuming nothing else is changed. The correlation between historical values of Montana Technologies' Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Montana Technologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Montana Technologies' Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Montana Technologies income statement and is an important metric when analyzing Montana Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Montana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montana 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 Montana 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 inflation. For more information on how to buy Montana Stock please use our How to Invest in Montana Technologies guide.At this time, Montana Technologies' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 97.27 in 2024, whereas Selling General Administrative is likely to drop slightly above 781.2 K in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 509.0 | 24.3K | 28.0K | 29.4K | Total Operating Expenses | 2.3M | 2.8M | 6.3M | 4.2M |
Montana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Montana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Montana Stock Analysis
When running Montana Technologies' price analysis, check to measure Montana 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 Montana Technologies is operating at the current time. Most of Montana Technologies' value examination focuses on studying past and present price action to predict the probability of Montana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montana Technologies' price. Additionally, you may evaluate how the addition of Montana Technologies to your portfolios can decrease your overall portfolio volatility.