Cartica Interest Expense vs Gross Profit Analysis
| CITEU Stock | USD 11.43 0.00 0.00% |
Cartica Acquisition financial indicator trend analysis is way more than just evaluating Cartica Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartica Acquisition Corp is a good investment. Please check the relationship between Cartica Acquisition Interest Expense and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cartica Acquisition 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 income.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartica Acquisition Corp Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cartica Acquisition's Interest Expense and Gross Profit is -0.68. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Cartica Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cartica Acquisition's Interest Expense 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 Interest Expense of Cartica Acquisition Corp 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 Interest Expense i.e., Cartica Acquisition's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cartica Acquisition Corp minus its cost of goods sold. It is profit before Cartica Acquisition 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 Cartica Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartica Acquisition 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 Cartica Acquisition 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 income. Enterprise Value is likely to gain to about 269.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 292.8K | 2.2M | 2.0M | 1.7M | Depreciation And Amortization | 292.8K | 2.2M | 10.5M | 11.0M |
Cartica Acquisition fundamental ratios Correlations
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Cartica Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Cartica Acquisition's price analysis, check to measure Cartica Acquisition'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 Cartica Acquisition is operating at the current time. Most of Cartica Acquisition's value examination focuses on studying past and present price action to predict the probability of Cartica Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartica Acquisition's price. Additionally, you may evaluate how the addition of Cartica Acquisition to your portfolios can decrease your overall portfolio volatility.