Datametrex Gross Profit vs Operating Income Analysis

DM Stock

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Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Gross Profit and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Gross Profit account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Datametrex's Gross Profit and Operating Income is 0.83. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Gross Profit 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 Gross Profit of Datametrex AI 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 Gross Profit i.e., Datametrex's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Datametrex AI minus its cost of goods sold. It is profit before Datametrex 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.

Operating Income

Operating Income is the amount of profit realized from Datametrex AI 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 Datametrex AI 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 Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Datametrex AI. 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, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).

Datametrex fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Accounts Payable	Other Stockholder Equity	Net Tangible Assets	Inventory	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Long Term Debt	Good Will	Net Invested Capital
Total Assets		0.84	0.95	-0.69	-0.5	0.93	0.93	0.97	0.72	0.78	0.97	0.82	0.79	0.73	0.7	-0.54	-0.1	0.98	0.64	0.34	-0.49	0.42	-0.39	0.58	-0.08	0.76
Total Current Liabilities	0.84		0.65	-0.27	-0.87	0.61	0.64	0.86	0.97	0.97	0.75	0.96	0.93	0.82	0.96	-0.83	0.26	0.85	0.84	0.61	-0.8	0.66	-0.35	0.62	-0.42	0.62
Total Stockholder Equity	0.95	0.65		-0.86	-0.22	0.99	0.98	0.9	0.48	0.56	0.97	0.63	0.59	0.64	0.46	-0.35	-0.33	0.93	0.45	0.08	-0.29	0.17	-0.32	0.43	0.17	0.7
Net Debt	-0.69	-0.27	-0.86		-0.23	-0.9	-0.88	-0.68	-0.05	-0.11	-0.79	-0.23	-0.17	-0.48	-0.07	0.09	0.61	-0.67	-0.1	0.4	-0.01	0.32	0.16	-0.06	-0.5	-0.46
Retained Earnings	-0.5	-0.87	-0.22	-0.23		-0.18	-0.21	-0.55	-0.96	-0.93	-0.37	-0.85	-0.86	-0.57	-0.94	0.75	-0.63	-0.52	-0.79	-0.83	0.78	-0.84	0.33	-0.65	0.75	-0.45
Cash	0.93	0.61	0.99	-0.9	-0.18		1.0	0.91	0.44	0.52	0.98	0.58	0.57	0.61	0.44	-0.31	-0.3	0.91	0.36	0.04	-0.21	0.13	-0.4	0.45	0.17	0.73
Cash And Short Term Investments	0.93	0.64	0.98	-0.88	-0.21	1.0		0.92	0.47	0.54	0.98	0.59	0.59	0.62	0.48	-0.33	-0.24	0.92	0.37	0.07	-0.23	0.15	-0.42	0.49	0.11	0.77
Net Receivables	0.97	0.86	0.9	-0.68	-0.55	0.91	0.92		0.75	0.79	0.96	0.84	0.81	0.77	0.75	-0.6	-0.01	0.96	0.63	0.32	-0.52	0.39	-0.43	0.59	-0.18	0.8
Common Stock Shares Outstanding	0.72	0.97	0.48	-0.05	-0.96	0.44	0.47	0.75		0.99	0.61	0.94	0.94	0.72	0.98	-0.81	0.44	0.74	0.85	0.75	-0.81	0.78	-0.35	0.67	-0.58	0.57
Total Liab	0.78	0.97	0.56	-0.11	-0.93	0.52	0.54	0.79	0.99		0.68	0.95	0.96	0.69	0.97	-0.75	0.42	0.79	0.81	0.77	-0.74	0.81	-0.44	0.73	-0.56	0.64
Total Current Assets	0.97	0.75	0.97	-0.79	-0.37	0.98	0.98	0.96	0.61	0.68		0.7	0.72	0.66	0.61	-0.42	-0.13	0.96	0.48	0.23	-0.34	0.31	-0.46	0.58	0.0	0.79
Common Stock	0.82	0.96	0.63	-0.23	-0.85	0.58	0.59	0.84	0.94	0.95	0.7		0.9	0.75	0.91	-0.78	0.24	0.79	0.85	0.62	-0.75	0.67	-0.32	0.6	-0.5	0.66
Other Current Liab	0.79	0.93	0.59	-0.17	-0.86	0.57	0.59	0.81	0.94	0.96	0.72	0.9		0.56	0.92	-0.69	0.41	0.79	0.67	0.78	-0.64	0.83	-0.51	0.79	-0.52	0.73
Accounts Payable	0.73	0.82	0.64	-0.48	-0.57	0.61	0.62	0.77	0.72	0.69	0.66	0.75	0.56		0.74	-0.81	-0.12	0.75	0.79	0.11	-0.78	0.16	-0.04	0.2	-0.06	0.33
Other Stockholder Equity	0.7	0.96	0.46	-0.07	-0.94	0.44	0.48	0.75	0.98	0.97	0.61	0.91	0.92	0.74		-0.79	0.45	0.71	0.8	0.7	-0.76	0.73	-0.45	0.66	-0.58	0.56
Net Tangible Assets	-0.54	-0.83	-0.35	0.09	0.75	-0.31	-0.33	-0.6	-0.81	-0.75	-0.42	-0.78	-0.69	-0.81	-0.79		-0.13	-0.54	-0.75	-0.37	0.95	-0.41	-0.1	-0.22	0.28	-0.25
Inventory	-0.1	0.26	-0.33	0.61	-0.63	-0.3	-0.24	-0.01	0.44	0.42	-0.13	0.24	0.41	-0.12	0.45	-0.13		-0.02	0.13	0.78	-0.17	0.72	-0.42	0.68	-0.91	0.33
Intangible Assets	0.98	0.85	0.93	-0.67	-0.52	0.91	0.92	0.96	0.74	0.79	0.96	0.79	0.79	0.75	0.71	-0.54	-0.02		0.66	0.35	-0.52	0.42	-0.36	0.61	-0.11	0.76
Property Plant Equipment	0.64	0.84	0.45	-0.1	-0.79	0.36	0.37	0.63	0.85	0.81	0.48	0.85	0.67	0.79	0.8	-0.75	0.13	0.66		0.42	-0.86	0.45	0.02	0.29	-0.37	0.29
Short Long Term Debt Total	0.34	0.61	0.08	0.4	-0.83	0.04	0.07	0.32	0.75	0.77	0.23	0.62	0.78	0.11	0.7	-0.37	0.78	0.35	0.42		-0.38	0.99	-0.51	0.82	-0.78	0.52
Other Liab	-0.49	-0.8	-0.29	-0.01	0.78	-0.21	-0.23	-0.52	-0.81	-0.74	-0.34	-0.75	-0.64	-0.78	-0.76	0.95	-0.17	-0.52	-0.86	-0.38		-0.41	-0.23	-0.18	0.32	-0.15
Property Plant And Equipment Net	0.42	0.66	0.17	0.32	-0.84	0.13	0.15	0.39	0.78	0.81	0.31	0.67	0.83	0.16	0.73	-0.41	0.72	0.42	0.45	0.99	-0.41		-0.52	0.83	-0.74	0.56
Current Deferred Revenue	-0.39	-0.35	-0.32	0.16	0.33	-0.4	-0.42	-0.43	-0.35	-0.44	-0.46	-0.32	-0.51	-0.04	-0.45	-0.1	-0.42	-0.36	0.02	-0.51	-0.23	-0.52		-0.75	0.39	-0.64
Long Term Debt	0.58	0.62	0.43	-0.06	-0.65	0.45	0.49	0.59	0.67	0.73	0.58	0.6	0.79	0.2	0.66	-0.22	0.68	0.61	0.29	0.82	-0.18	0.83	-0.75		-0.67	0.85
Good Will	-0.08	-0.42	0.17	-0.5	0.75	0.17	0.11	-0.18	-0.58	-0.56	0.0	-0.5	-0.52	-0.06	-0.58	0.28	-0.91	-0.11	-0.37	-0.78	0.32	-0.74	0.39	-0.67		-0.46
Net Invested Capital	0.76	0.62	0.7	-0.46	-0.45	0.73	0.77	0.8	0.57	0.64	0.79	0.66	0.73	0.33	0.56	-0.25	0.33	0.76	0.29	0.52	-0.15	0.56	-0.64	0.85	-0.46

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Datametrex Account Relationship Matchups

Datametrex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9M	10.0M	42.6M	36.0M	12.7M	11.2M
Total Current Liabilities	5.0M	6.1M	9.4M	9.4M	7.5M	7.8M
Total Stockholder Equity	2.9M	3.2M	32.5M	22.8M	1.0M	954.2K
Net Debt	330.2K	(1.5M)	(15.1M)	(4.4M)	4.8M	5.1M
Retained Earnings	(27.7M)	(32.7M)	(23.6M)	(40.8M)	(64.8M)	(61.5M)
Cash	119.7K	2.0M	15.4M	8.9M	341.2K	324.2K
Cash And Short Term Investments	119.7K	2.0M	18.0M	9.4M	1.1M	1.1M
Net Receivables	1.1M	1.7M	5.7M	3.4M	2.2M	1.3M
Common Stock Shares Outstanding	224.1M	254.3M	324.8M	387.2M	404.9M	425.1M
Liabilities And Stockholders Equity	7.9M	10.0M	42.6M	36.0M	12.7M	11.2M
Total Liab	5.0M	6.8M	10.2M	13.2M	11.7M	12.3M
Total Current Assets	1.2M	3.9M	23.8M	15.6M	3.7M	4.7M
Accumulated Other Comprehensive Income	(14.9K)	(17.3K)	8.3M	8.1M	8.9M	9.4M
Common Stock	27.7M	30.7M	47.8M	55.5M	56.8M	28.6M
Accounts Payable	2.1M	3.4M	4.7M	2.1M	1.5M	1.8M
Other Stockholder Equity	1.2M	2.8M	2.9M	5.2M	6.0M	6.3M
Net Tangible Assets	1.7M	(2.3M)	(3.1M)	(2.0M)	(1.8M)	(1.8M)
Non Current Assets Total	6.7M	6.1M	18.9M	20.4M	9.0M	10.5M
Non Currrent Assets Other	(215K)	7.9M	6.7M	(3.0M)	(3.5M)	(3.3M)
Non Current Liabilities Total	36.4K	698.3K	714.6K	3.8M	4.2M	4.5M
Other Current Assets	58.6K	234.3K	125.7K	2.8M	221.7K	210.6K
Intangible Assets	3.0M	2.3M	15.6M	10.7M	4.0M	6.0M
Property Plant Equipment	141.5K	159.2K	168.1K	141.2K	162.4K	138.0K
Short Long Term Debt Total	449.8K	518.6K	253.8K	4.5M	5.2M	5.4M
Property Plant And Equipment Net	168.1K	141.2K	298.8K	6.7M	6.6M	6.9M
Current Deferred Revenue	207.8K	262.5K	34.4K	29.0K	26.1K	24.8K
Long Term Debt	64.6K	20.2K	60K	225.1K	258.8K	271.8K
Net Invested Capital	3.3M	3.7M	32.5M	23.5M	27.0M	14.2M
Short Long Term Debt	385.7K	412.5K	30K	520.2K	468.2K	291.2K
Net Working Capital	(3.7M)	(2.2M)	14.3M	6.2M	7.1M	7.5M
Short Term Debt	429.6K	438.8K	134.2K	970.6K	1.2M	630.2K
Capital Stock	27.7M	30.7M	47.8M	55.5M	63.8M	41.4M

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