CPTNW Stock | | | USD 0.01 0.0009 8.26% |
Cepton financial indicator trend analysis is way more than just evaluating Cepton Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cepton Inc is a good investment. Please check the relationship between Cepton Other Operating Expenses and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cepton Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cepton Inc Other Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Cepton's Other Operating Expenses and Operating Income is -0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Cepton Inc, assuming nothing else is changed. The correlation between historical values of Cepton's Other Operating Expenses and Operating 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 Cepton Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Cepton's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cepton Inc. It is also known as Cepton 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.
Operating Income
Operating Income is the amount of profit realized from Cepton Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cepton Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Cepton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cepton Inc 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 Cepton Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Cepton's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 105.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.9
K).
Cepton fundamental ratios Correlations
Click cells to compare fundamentals
Cepton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cepton fundamental ratios Accounts
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Additional Tools for Cepton Stock Analysis
When running Cepton's price analysis, check to
measure Cepton'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 Cepton is operating at the current time. Most of Cepton's value examination focuses on studying past and present price action to
predict the probability of Cepton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cepton's price. Additionally, you may evaluate how the addition of Cepton to your portfolios can decrease your overall portfolio volatility.