Butterfly Total Revenue vs Net Income From Continuing Ops Analysis

BFLY Stock  USD 3.29  0.03  0.90%   
Butterfly Network financial indicator trend analysis is way more than just evaluating Butterfly Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butterfly Network is a good investment. Please check the relationship between Butterfly Network Total Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Butterfly Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Butterfly Stock please use our How to Invest in Butterfly Network guide.

Total Revenue vs Net Income From Continuing Ops

Total Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butterfly Network Total Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Butterfly Network's Total Revenue and Net Income From Continuing Ops is -0.38. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Butterfly Network, assuming nothing else is changed. The correlation between historical values of Butterfly Network's Total Revenue and Net Income From Continuing Ops 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 Butterfly Network are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Revenue i.e., Butterfly Network's Total Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Butterfly Network 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.

Net Income From Continuing Ops

Most indicators from Butterfly Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butterfly Network 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 Butterfly Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Butterfly Stock please use our How to Invest in Butterfly Network guide.At this time, Butterfly Network's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 154.7 M in 2024, whereas Tax Provision is likely to drop slightly above 62.5 K in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.1M5.9M8.8M4.7M
Interest Income2.6M3.4M7.5M7.8M

Butterfly Network fundamental ratios Correlations

0.990.710.71-0.780.920.660.770.670.320.140.610.680.58-0.240.63-0.230.440.24-0.70.490.610.430.85-0.61-0.33
0.990.650.77-0.830.880.590.830.750.370.20.690.740.63-0.170.71-0.250.470.33-0.770.530.690.520.81-0.69-0.37
0.710.650.08-0.20.90.990.150.1-0.16-0.35-0.070.03-0.07-0.79-0.050.24-0.09-0.36-0.05-0.1-0.07-0.290.970.070.08
0.710.770.08-0.910.4-0.030.950.880.580.640.950.940.90.410.94-0.590.750.74-0.940.810.950.890.32-0.98-0.6
-0.78-0.83-0.2-0.91-0.55-0.13-0.92-0.94-0.33-0.27-0.86-0.85-0.69-0.16-0.880.25-0.46-0.770.89-0.53-0.89-0.79-0.430.910.72
0.920.880.90.4-0.550.880.470.410.03-0.20.250.330.22-0.590.30.110.11-0.07-0.40.150.270.050.97-0.28-0.22
0.660.590.99-0.03-0.130.880.060.03-0.24-0.46-0.16-0.06-0.17-0.84-0.140.32-0.18-0.420.04-0.19-0.16-0.370.940.160.12
0.770.830.150.95-0.920.470.060.960.640.520.970.970.850.350.98-0.480.630.69-0.980.720.970.90.36-0.93-0.45
0.670.750.10.88-0.940.410.030.960.460.360.930.90.690.270.93-0.290.430.8-0.90.520.940.870.31-0.9-0.52
0.320.37-0.160.58-0.330.03-0.240.640.460.840.680.670.810.660.71-0.730.720.18-0.720.820.650.69-0.04-0.540.18
0.140.2-0.350.64-0.27-0.2-0.460.520.360.840.650.630.840.790.62-0.890.870.35-0.610.890.620.7-0.21-0.61-0.07
0.610.69-0.070.95-0.860.25-0.160.970.930.680.650.990.90.550.98-0.620.720.78-0.950.791.00.970.15-0.96-0.44
0.680.740.030.94-0.850.33-0.060.970.90.670.630.990.910.50.95-0.660.760.73-0.930.820.970.940.24-0.95-0.39
0.580.63-0.070.9-0.690.22-0.170.850.690.810.840.90.910.630.88-0.840.930.56-0.890.980.880.880.14-0.88-0.33
-0.24-0.17-0.790.41-0.16-0.59-0.840.350.270.660.790.550.50.630.52-0.730.630.51-0.440.660.530.71-0.68-0.51-0.08
0.630.71-0.050.94-0.880.3-0.140.980.930.710.620.980.950.880.52-0.530.660.74-0.990.760.990.960.17-0.95-0.45
-0.23-0.250.24-0.590.250.110.32-0.48-0.29-0.73-0.89-0.62-0.66-0.84-0.73-0.53-0.96-0.310.52-0.93-0.56-0.640.120.580.01
0.440.47-0.090.75-0.460.11-0.180.630.430.720.870.720.760.930.630.66-0.960.39-0.670.980.680.710.07-0.72-0.2
0.240.33-0.360.74-0.77-0.07-0.420.690.80.180.350.780.730.560.510.74-0.310.39-0.660.420.810.83-0.16-0.85-0.73
-0.7-0.77-0.05-0.940.89-0.40.04-0.98-0.9-0.72-0.61-0.95-0.93-0.89-0.44-0.990.52-0.67-0.66-0.78-0.96-0.91-0.270.930.45
0.490.53-0.10.81-0.530.15-0.190.720.520.820.890.790.820.980.660.76-0.930.980.42-0.780.760.780.08-0.77-0.21
0.610.69-0.070.95-0.890.27-0.160.970.940.650.621.00.970.880.530.99-0.560.680.81-0.960.760.970.15-0.97-0.49
0.430.52-0.290.89-0.790.05-0.370.90.870.690.70.970.940.880.710.96-0.640.710.83-0.910.780.97-0.07-0.94-0.44
0.850.810.970.32-0.430.970.940.360.31-0.04-0.210.150.240.14-0.680.170.120.07-0.16-0.270.080.15-0.07-0.17-0.13
-0.61-0.690.07-0.980.91-0.280.16-0.93-0.9-0.54-0.61-0.96-0.95-0.88-0.51-0.950.58-0.72-0.850.93-0.77-0.97-0.94-0.170.65
-0.33-0.370.08-0.60.72-0.220.12-0.45-0.520.18-0.07-0.44-0.39-0.33-0.08-0.450.01-0.2-0.730.45-0.21-0.49-0.44-0.130.65
Click cells to compare fundamentals

Butterfly Network Account Relationship Matchups

Butterfly Network fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab10.2M41.2M27.1M24.9M20.2M23.0M
Total Current Liabilities15.3M69.7M49.8M51.3M44.3M43.3M
Other Liab1.2M406.8M46.8M10.9M12.6M11.9M
Net Tangible Assets(212.3M)5.0M447.7M325.4M374.2M392.9M
Retained Earnings(232.1M)(394.8M)(427.2M)(595.9M)(729.6M)(693.2M)
Accounts Payable5.2M16.4M5.8M7.2M5.1M7.8M
Other Assets50.6M414.3M21.3M7.5M6.8M6.4M
Net Receivables2.0M5.8M11.9M14.7M13.4M9.0M
Inventory9.4M25.8M36.2M60.0M73.0M39.5M
Other Current Assets7.9M5.6M40.9M44.7M10.4M9.9M
Total Current Assets109.3M97.3M511.9M357.1M231.3M283.4M
Property Plant Equipment5.3M6.9M38.8M31.3M36.0M18.5M

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When running Butterfly Network's price analysis, check to measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.