DMY Interest Income vs Income Before Tax 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 Interest Income and its Income Before Tax 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between DMY Squared's Interest Income and Income Before Tax is -0.95. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax 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 Interest Income 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 Income of dMY Squared 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 Income i.e., DMY Squared's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on DMY Squared income statement and is an important metric when analyzing dMY Squared 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 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 Provision533.8K480.4K427.1K
Income Tax Expense86.2K533.8K341.0K

DMY Squared fundamental ratios Correlations

-0.980.680.691.00.81-0.680.69-0.861.01.0-0.98-0.86-0.98-0.89-0.73-0.981.0-0.861.0-0.841.00.67-0.98
-0.98-0.81-0.82-0.99-0.910.52-0.820.94-0.99-0.991.00.941.00.960.850.92-0.990.94-0.980.93-0.98-0.81.0
0.68-0.811.00.710.980.071.0-0.960.730.75-0.81-0.96-0.81-0.94-1.0-0.520.71-0.960.69-0.970.691.0-0.81
0.69-0.821.00.720.980.061.0-0.970.740.76-0.82-0.97-0.82-0.95-1.0-0.530.71-0.960.7-0.970.71.0-0.82
1.0-0.990.710.720.83-0.650.72-0.871.01.0-0.99-0.87-0.99-0.9-0.76-0.971.0-0.881.0-0.861.00.69-0.99
0.81-0.910.980.980.83-0.110.99-1.00.850.86-0.91-1.0-0.91-0.99-0.99-0.670.83-1.00.81-1.00.810.98-0.91
-0.680.520.070.06-0.65-0.110.060.2-0.63-0.610.520.20.520.260.00.81-0.650.21-0.670.18-0.670.10.52
0.69-0.821.01.00.720.990.06-0.970.740.76-0.82-0.97-0.82-0.95-1.0-0.540.72-0.960.7-0.970.71.0-0.82
-0.860.94-0.96-0.97-0.87-1.00.2-0.97-0.89-0.90.941.00.941.00.980.74-0.871.0-0.861.0-0.86-0.950.94
1.0-0.990.730.741.00.85-0.630.74-0.891.0-0.99-0.89-0.99-0.92-0.78-0.961.0-0.891.0-0.881.00.71-0.99
1.0-0.990.750.761.00.86-0.610.76-0.91.0-0.99-0.9-0.99-0.93-0.79-0.961.0-0.91.0-0.891.00.73-0.99
-0.981.0-0.81-0.82-0.99-0.910.52-0.820.94-0.99-0.990.941.00.960.850.92-0.990.94-0.980.93-0.98-0.81.0
-0.860.94-0.96-0.97-0.87-1.00.2-0.971.0-0.89-0.90.940.941.00.980.74-0.871.0-0.861.0-0.86-0.950.94
-0.981.0-0.81-0.82-0.99-0.910.52-0.820.94-0.99-0.991.00.940.960.850.92-0.990.94-0.980.93-0.98-0.81.0
-0.890.96-0.94-0.95-0.9-0.990.26-0.951.0-0.92-0.930.961.00.960.970.78-0.91.0-0.891.0-0.89-0.940.96
-0.730.85-1.0-1.0-0.76-0.990.0-1.00.98-0.78-0.790.850.980.850.970.58-0.760.98-0.740.98-0.74-1.00.85
-0.980.92-0.52-0.53-0.97-0.670.81-0.540.74-0.96-0.960.920.740.920.780.58-0.970.74-0.980.72-0.98-0.50.92
1.0-0.990.710.711.00.83-0.650.72-0.871.01.0-0.99-0.87-0.99-0.9-0.76-0.97-0.881.0-0.861.00.69-0.99
-0.860.94-0.96-0.96-0.88-1.00.21-0.961.0-0.89-0.90.941.00.941.00.980.74-0.88-0.861.0-0.86-0.950.94
1.0-0.980.690.71.00.81-0.670.7-0.861.01.0-0.98-0.86-0.98-0.89-0.74-0.981.0-0.86-0.851.00.67-0.98
-0.840.93-0.97-0.97-0.86-1.00.18-0.971.0-0.88-0.890.931.00.931.00.980.72-0.861.0-0.85-0.85-0.960.93
1.0-0.980.690.71.00.81-0.670.7-0.861.01.0-0.98-0.86-0.98-0.89-0.74-0.981.0-0.861.0-0.850.67-0.98
0.67-0.81.01.00.690.980.11.0-0.950.710.73-0.8-0.95-0.8-0.94-1.0-0.50.69-0.950.67-0.960.67-0.8
-0.981.0-0.81-0.82-0.99-0.910.52-0.820.94-0.99-0.991.00.941.00.960.850.92-0.990.94-0.980.93-0.98-0.8
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DMY Squared Account Relationship Matchups

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