AIT Stock | | | USD 269.23 3.49 1.31% |
Applied Industrial financial indicator trend analysis is way more than just evaluating Applied Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Industrial is a good investment. Please check the relationship between Applied Industrial Total Revenue and its Revenue Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial 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 gross domestic product.
Total Revenue vs Revenue Per Share
Total Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Applied Industrial Total Revenue account and
Revenue Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Applied Industrial's Total Revenue and Revenue Per Share is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Applied Industrial Technologies, assuming nothing else is changed. The correlation between historical values of Applied Industrial's Total Revenue and Revenue Per Share 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 Applied Industrial Technologies are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Total Revenue i.e., Applied Industrial's Total Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Applied Industrial 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.
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Applied Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Industrial 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 Applied Industrial 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 gross domestic product.
At this time, Applied Industrial's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 5.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 446.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.1B | 1.3B | 1.3B | 1.4B | Total Revenue | 3.8B | 4.4B | 4.5B | 4.7B |
Applied Industrial fundamental ratios Correlations
Click cells to compare fundamentals
Applied Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Industrial fundamental ratios Accounts
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Additional Tools for Applied Stock Analysis
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measure Applied Industrial'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 Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to
predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.