CDW Stock | | | USD 177.79 1.73 0.98% |
CDW Corp financial indicator trend analysis is way more than just evaluating CDW Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDW Corp is a good investment. Please check the relationship between CDW Corp Other Operating Expenses and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CDW Corp Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CDW Corp's Other Operating Expenses and Net Income is 0.93. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of CDW Corp, assuming nothing else is changed. The correlation between historical values of CDW Corp's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of CDW Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., CDW Corp's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CDW Corp. It is also known as CDW Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CDW Corp financial statement analysis. It represents the amount of money remaining after all of CDW Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CDW Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDW Corp 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 CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.At this time, CDW Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 18.77 in 2024, whereas
Tax Provision is likely to drop slightly above 280
M in 2024.
CDW Corp fundamental ratios Correlations
Click cells to compare fundamentals
CDW Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CDW Corp fundamental ratios Accounts
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Additional Tools for CDW Stock Analysis
When running CDW Corp's price analysis, check to
measure CDW Corp'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 CDW Corp is operating at the current time. Most of CDW Corp's value examination focuses on studying past and present price action to
predict the probability of CDW Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDW Corp's price. Additionally, you may evaluate how the addition of CDW Corp to your portfolios can decrease your overall portfolio volatility.