DMY Depreciation And Amortization vs Net Income From Continuing Ops Analysis
| DMYY Stock | 10.59 0.05 0.47% |
DMY Squared financial indicator trend analysis is much more than just examining dMY Squared Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether dMY Squared Technology is a good investment. Please check the relationship between DMY Squared Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dMY Squared 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 manufacturing.
Depreciation And Amortization vs Net Income From Continuing Ops
Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between DMY Squared's Depreciation And Amortization and Net Income From Continuing Ops is -0.8. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of dMY Squared Technology, assuming nothing else is changed. The correlation between historical values of DMY Squared's Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of dMY Squared Technology are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., DMY Squared's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Net Income From Continuing Ops
Most indicators from DMY Squared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into dMY Squared 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 dMY Squared 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 manufacturing. Selling General Administrative is likely to drop to about 1.3 M in 2024. Tax Provision is likely to drop to about 427.1 K in 2024
| 2010 | 2023 | 2024 (projected) | Tax Provision | 533.8K | 480.4K | 427.1K | Income Tax Expense | 86.2K | 533.8K | 341.0K |
DMY Squared fundamental ratios Correlations
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DMY Squared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.