Trump Interest Expense vs Income Before Tax Analysis
DJT Stock | 31.06 0.57 1.87% |
Trump Media financial indicator trend analysis is much more than just breaking down Trump Media Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trump Media Technology is a good investment. Please check the relationship between Trump Media Interest Expense and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trump Media Technology Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Trump Media's Interest Expense and Income Before Tax is 0.96. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Trump Media Technology, assuming nothing else is changed. The correlation between historical values of Trump Media's Interest Expense and Income Before Tax 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 Trump Media Technology are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., Trump Media's Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Trump Media income statement and is an important metric when analyzing Trump Media Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Trump Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trump Media 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Tax Provision is likely to gain to about 3.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.2 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.1K | 4.3M | 12.9M | 13.6M | Net Interest Income | 7.1K | 4.3M | 12.9M | 13.6M |
Trump Media fundamental ratios Correlations
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Trump Media Account Relationship Matchups
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When running Trump Media's price analysis, check to measure Trump Media'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 Trump Media is operating at the current time. Most of Trump Media's value examination focuses on studying past and present price action to predict the probability of Trump Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trump Media's price. Additionally, you may evaluate how the addition of Trump Media to your portfolios can decrease your overall portfolio volatility.