ConnectM Change In Cash vs Net Income Analysis

CNTM Stock  USD 0.98  0.10  11.36%   
ConnectM Technology financial indicator trend analysis is way more than just evaluating ConnectM Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConnectM Technology is a good investment. Please check the relationship between ConnectM Technology Change In Cash and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConnectM Technology Change In Cash account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between ConnectM Technology's Change In Cash and Net Income is -0.89. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of ConnectM Technology Solutions,, assuming nothing else is changed. The correlation between historical values of ConnectM Technology's Change In Cash 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 Change In Cash of ConnectM Technology Solutions, 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 Change In Cash i.e., ConnectM Technology's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ConnectM Technology financial statement analysis. It represents the amount of money remaining after all of ConnectM Technology Solutions, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from ConnectM Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConnectM Technology 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 ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 28th of November 2024, Tax Provision is likely to grow to about (462.9 K). In addition to that, Selling General Administrative is likely to drop to about 6.4 M
 2010 2022 2023 2024 (projected)
Gross Profit892.5K4.0M4.6M2.7M
Total Revenue4.3M15.4M17.8M10.9M

ConnectM Technology fundamental ratios Correlations

0.690.690.80.990.970.980.69-0.820.980.951.0-0.990.970.950.290.980.930.240.97-0.170.970.811.00.970.98
0.691.00.990.580.720.711.0-0.980.710.840.69-0.760.720.84-0.490.710.80.760.730.590.840.980.660.730.7
0.691.00.990.580.720.71.0-0.980.710.830.69-0.760.710.83-0.490.710.80.760.730.590.840.980.660.720.7
0.80.990.990.710.820.80.99-1.00.810.920.8-0.860.810.92-0.330.810.890.670.820.450.921.00.780.820.8
0.990.580.580.710.930.930.58-0.730.930.920.99-0.970.930.920.430.930.920.070.93-0.310.930.720.990.930.94
0.970.720.720.820.931.00.72-0.841.00.910.97-0.951.00.910.181.00.870.411.0-0.060.940.830.961.01.0
0.980.710.70.80.931.00.71-0.831.00.90.98-0.951.00.90.211.00.860.381.0-0.090.940.810.961.01.0
0.691.01.00.990.580.720.71-0.980.710.840.69-0.760.720.84-0.490.710.80.760.730.590.840.980.660.730.7
-0.82-0.98-0.98-1.0-0.73-0.84-0.83-0.98-0.83-0.92-0.820.87-0.84-0.920.31-0.83-0.88-0.68-0.85-0.43-0.93-1.0-0.8-0.85-0.83
0.980.710.710.810.931.01.00.71-0.830.90.98-0.951.00.90.211.00.860.381.0-0.090.940.810.961.01.0
0.950.840.830.920.920.910.90.84-0.920.90.95-0.990.911.00.070.90.990.340.910.061.00.920.950.910.9
1.00.690.690.80.990.970.980.69-0.820.980.95-0.990.970.950.290.980.930.240.97-0.170.970.811.00.970.98
-0.99-0.76-0.76-0.86-0.97-0.95-0.95-0.760.87-0.95-0.99-0.99-0.95-0.99-0.2-0.95-0.98-0.27-0.950.07-0.99-0.87-0.99-0.95-0.95
0.970.720.710.810.931.01.00.72-0.841.00.910.97-0.950.910.191.00.860.391.0-0.070.940.820.961.01.0
0.950.840.830.920.920.910.90.84-0.920.91.00.95-0.990.910.070.90.990.340.910.061.00.920.950.910.9
0.29-0.49-0.49-0.330.430.180.21-0.490.310.210.070.29-0.20.190.070.210.1-0.780.18-0.990.06-0.320.330.180.22
0.980.710.710.810.931.01.00.71-0.831.00.90.98-0.951.00.90.210.860.381.0-0.090.940.810.961.01.0
0.930.80.80.890.920.870.860.8-0.880.860.990.93-0.980.860.990.10.860.250.870.020.980.890.940.870.86
0.240.760.760.670.070.410.380.76-0.680.380.340.24-0.270.390.34-0.780.380.250.410.830.390.660.190.410.38
0.970.730.730.820.931.01.00.73-0.851.00.910.97-0.951.00.910.181.00.870.41-0.060.940.830.961.01.0
-0.170.590.590.45-0.31-0.06-0.090.59-0.43-0.090.06-0.170.07-0.070.06-0.99-0.090.020.83-0.060.070.43-0.21-0.06-0.1
0.970.840.840.920.930.940.940.84-0.930.941.00.97-0.990.941.00.060.940.980.390.940.070.930.960.940.94
0.810.980.981.00.720.830.810.98-1.00.810.920.81-0.870.820.92-0.320.810.890.660.830.430.930.790.830.81
1.00.660.660.780.990.960.960.66-0.80.960.951.0-0.990.960.950.330.960.940.190.96-0.210.960.790.960.97
0.970.730.720.820.931.01.00.73-0.851.00.910.97-0.951.00.910.181.00.870.411.0-0.060.940.830.961.0
0.980.70.70.80.941.01.00.7-0.831.00.90.98-0.951.00.90.221.00.860.381.0-0.10.940.810.971.0
Click cells to compare fundamentals

ConnectM Technology Account Relationship Matchups

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When determining whether ConnectM Technology is a strong investment it is important to analyze ConnectM Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConnectM Technology's future performance. For an informed investment choice regarding ConnectM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectM Technology. If investors know ConnectM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
12.644
Quarterly Revenue Growth
(0.06)
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.