Duos Income Before Tax vs Interest Income Analysis

DUOT Stock

USD 4.57 0.01 0.22%

Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Income Before Tax and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duos Technologies Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Duos Technologies' Income Before Tax and Interest Income is 0.43. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Income Before Tax and Interest 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 Income Before Tax of Duos Technologies Group are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Duos Technologies' Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Duos Technologies income statement and is an important metric when analyzing Duos Technologies 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.

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.

Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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 Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Duos Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas Enterprise Value Multiple is likely to drop (2.38) in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.9M	11.6M	12.8M	13.4M
Cost Of Revenue	10.8M	10.3M	6.2M	3.6M

Total Operating Expenses Cost Of Revenue

Duos Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Non Current Liabilities Total	Inventory
Total Assets		0.91	-0.39	0.43	0.82	0.93	0.67	0.6	-0.96	0.48	0.64	0.93	0.64	0.66	-0.56	0.95	0.4	0.97	0.92	0.93	0.92	0.59	-0.52	0.59	0.82	0.89
Short Long Term Debt Total	0.91		-0.31	0.39	0.64	0.96	0.54	0.82	-0.86	0.35	0.44	0.96	0.44	0.49	-0.39	0.9	0.41	0.87	0.85	0.95	0.72	0.66	-0.35	0.64	0.96	0.83
Other Current Liab	-0.39	-0.31		0.46	-0.7	-0.47	-0.08	-0.3	0.22	0.16	-0.06	-0.5	-0.06	-0.03	0.37	-0.44	0.42	-0.32	-0.19	-0.53	-0.21	-0.34	0.35	-0.52	-0.34	-0.65
Total Current Liabilities	0.43	0.39	0.46		-0.09	0.26	0.68	0.29	-0.59	0.79	0.22	0.25	0.22	0.73	-0.03	0.34	0.9	0.5	0.63	0.23	0.56	0.4	-0.02	-0.01	0.28	0.08
Total Stockholder Equity	0.82	0.64	-0.7	-0.09		0.75	0.36	0.29	-0.69	0.14	0.65	0.77	0.65	0.39	-0.67	0.82	-0.07	0.77	0.62	0.78	0.76	0.38	-0.63	0.51	0.57	0.9
Property Plant And Equipment Net	0.93	0.96	-0.47	0.26	0.75		0.55	0.79	-0.83	0.31	0.42	1.0	0.42	0.48	-0.48	0.9	0.25	0.86	0.86	0.99	0.71	0.54	-0.44	0.75	0.94	0.87
Current Deferred Revenue	0.67	0.54	-0.08	0.68	0.36	0.55		0.27	-0.76	0.47	0.49	0.55	0.49	0.62	-0.3	0.59	0.46	0.72	0.74	0.55	0.7	0.32	-0.28	0.45	0.45	0.41
Net Debt	0.6	0.82	-0.3	0.29	0.29	0.79	0.27		-0.49	0.36	-0.15	0.78	-0.15	0.38	-0.15	0.59	0.37	0.5	0.63	0.76	0.31	0.58	-0.12	0.58	0.85	0.58
Retained Earnings	-0.96	-0.86	0.22	-0.59	-0.69	-0.83	-0.76	-0.49		-0.51	-0.71	-0.85	-0.71	-0.66	0.47	-0.9	-0.51	-0.99	-0.91	-0.85	-0.93	-0.62	0.44	-0.51	-0.75	-0.78
Accounts Payable	0.48	0.35	0.16	0.79	0.14	0.31	0.47	0.36	-0.51		0.04	0.29	0.04	0.93	-0.26	0.33	0.83	0.45	0.64	0.26	0.6	0.31	-0.25	-0.06	0.21	0.22
Cash	0.64	0.44	-0.06	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04		0.44	1.0	0.24	-0.44	0.62	0.12	0.72	0.49	0.46	0.75	0.23	-0.43	0.19	0.32	0.51
Non Current Assets Total	0.93	0.96	-0.5	0.25	0.77	1.0	0.55	0.78	-0.85	0.29	0.44		0.44	0.46	-0.47	0.91	0.23	0.87	0.85	1.0	0.72	0.58	-0.43	0.76	0.94	0.9
Cash And Short Term Investments	0.64	0.44	-0.06	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04	1.0	0.44		0.24	-0.44	0.62	0.12	0.72	0.49	0.46	0.75	0.23	-0.43	0.19	0.32	0.51
Net Receivables	0.66	0.49	-0.03	0.73	0.39	0.48	0.62	0.38	-0.66	0.93	0.24	0.46	0.24		-0.44	0.52	0.74	0.62	0.75	0.43	0.77	0.36	-0.43	0.08	0.33	0.42
Common Stock Total Equity	-0.56	-0.39	0.37	-0.03	-0.67	-0.48	-0.3	-0.15	0.47	-0.26	-0.44	-0.47	-0.44	-0.44		-0.53	-0.14	-0.5	-0.46	-0.47	-0.57	-0.1	1.0	-0.16	-0.27	-0.49
Common Stock Shares Outstanding	0.95	0.9	-0.44	0.34	0.82	0.9	0.59	0.59	-0.9	0.33	0.62	0.91	0.62	0.52	-0.53		0.32	0.94	0.86	0.92	0.85	0.7	-0.49	0.6	0.85	0.93
Other Current Assets	0.4	0.41	0.42	0.9	-0.07	0.25	0.46	0.37	-0.51	0.83	0.12	0.23	0.12	0.74	-0.14	0.32		0.43	0.58	0.21	0.53	0.48	-0.14	-0.23	0.25	0.07
Other Stockholder Equity	0.97	0.87	-0.32	0.5	0.77	0.86	0.72	0.5	-0.99	0.45	0.72	0.87	0.72	0.62	-0.5	0.94	0.43		0.89	0.88	0.93	0.65	-0.46	0.55	0.76	0.85
Total Liab	0.92	0.85	-0.19	0.63	0.62	0.86	0.74	0.63	-0.91	0.64	0.49	0.85	0.49	0.75	-0.46	0.86	0.58	0.89		0.84	0.85	0.55	-0.43	0.5	0.79	0.71
Property Plant And Equipment Gross	0.93	0.95	-0.53	0.23	0.78	0.99	0.55	0.76	-0.85	0.26	0.46	1.0	0.46	0.43	-0.47	0.92	0.21	0.88	0.84		0.72	0.61	-0.43	0.76	0.93	0.91
Total Current Assets	0.92	0.72	-0.21	0.56	0.76	0.71	0.7	0.31	-0.93	0.6	0.75	0.72	0.75	0.77	-0.57	0.85	0.53	0.93	0.85	0.72		0.52	-0.54	0.32	0.56	0.75
Short Term Debt	0.59	0.66	-0.34	0.4	0.38	0.54	0.32	0.58	-0.62	0.31	0.23	0.58	0.23	0.36	-0.1	0.7	0.48	0.65	0.55	0.61	0.52		-0.06	0.24	0.61	0.61
Common Stock	-0.52	-0.35	0.35	-0.02	-0.63	-0.44	-0.28	-0.12	0.44	-0.25	-0.43	-0.43	-0.43	-0.43	1.0	-0.49	-0.14	-0.46	-0.43	-0.43	-0.54	-0.06		-0.12	-0.23	-0.44
Non Currrent Assets Other	0.59	0.64	-0.52	-0.01	0.51	0.75	0.45	0.58	-0.51	-0.06	0.19	0.76	0.19	0.08	-0.16	0.6	-0.23	0.55	0.5	0.76	0.32	0.24	-0.12		0.73	0.69
Non Current Liabilities Total	0.82	0.96	-0.34	0.28	0.57	0.94	0.45	0.85	-0.75	0.21	0.32	0.94	0.32	0.33	-0.27	0.85	0.25	0.76	0.79	0.93	0.56	0.61	-0.23	0.73		0.79
Inventory	0.89	0.83	-0.65	0.08	0.9	0.87	0.41	0.58	-0.78	0.22	0.51	0.9	0.51	0.42	-0.49	0.93	0.07	0.85	0.71	0.91	0.75	0.61	-0.44	0.69	0.79

Click cells to compare fundamentals

Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Short Long Term Debt Total	1.6M	1.8M	5.2M	5.3M	5.0M	5.3M
Other Current Liab	521.2K	2.3M	730.3K	562.7K	(1.4M)	(1.3M)
Total Current Liabilities	5.4M	3.6M	3.9M	4.5M	3.2M	2.7M
Total Stockholder Equity	(127.3K)	1.9M	781.5K	4.1M	5.4M	5.6M
Property Plant And Equipment Net	690.3K	538.3K	5.5M	5.3M	5.1M	5.4M
Current Deferred Revenue	945.1K	1.0M	1.8M	958.0K	1.7M	1.7M
Net Debt	1.5M	(2.1M)	4.3M	4.2M	2.6M	2.7M
Retained Earnings	(32.7M)	(39.5M)	(45.5M)	(52.4M)	(63.6M)	(60.4M)
Accounts Payable	2.6M	607.0K	1.0M	2.3M	595.6K	800.1K
Cash	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Non Current Assets Total	771.9K	602.7K	6.2M	6.3M	6.6M	6.9M
Cash And Short Term Investments	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Net Receivables	4.0M	1.3M	1.7M	3.8M	2.1M	1.2M
Common Stock Total Equity	20.7K	21.1K	2.0K	3.5K	3.2K	3.0K
Common Stock Shares Outstanding	1.8M	3.3M	3.7M	6.2M	7.2M	7.6M
Liabilities And Stockholders Equity	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Other Current Assets	716.6K	374.2K	354.6K	441.3K	184.5K	280.5K
Other Stockholder Equity	30.9M	39.7M	42.9M	56.4M	69.0M	72.4M
Total Liab	5.7M	4.5M	8.7M	9.0M	7.5M	7.8M
Property Plant And Equipment Gross	690.3K	538.3K	5.5M	5.3M	6.5M	6.8M
Total Current Assets	4.8M	5.8M	3.3M	6.8M	6.3M	6.6M
Short Term Debt	1.3M	448.5K	448.1K	817.1K	1.6M	1.7M
Common Stock	2.0K	3.5K	4.1K	7.2K	7.3K	6.9K
Non Currrent Assets Other	298.1K	(771.9K)	(602.7K)	600K	703.8K	738.9K
Non Current Liabilities Total	291.8K	886.0K	4.8M	4.5M	4.2M	4.4M
Intangible Assets	81.6K	64.4K	66.5K	334.9K	782.0K	821.1K
Net Tangible Assets	(3.1M)	(1.9M)	114.4K	(2.6M)	(3.0M)	(3.2M)
Capital Surpluse	26.6M	27.4M	31.1M	41.5M	47.8M	27.6M
Short Long Term Debt	975.3K	670.4K	132.8K	97.4K	42.0K	39.9K
Property Plant Equipment	204.2K	690.3K	538.3K	5.5M	6.4M	6.7M
Net Invested Capital	(857.0K)	1.6M	(2.4M)	4.1M	5.4M	5.7M
Net Working Capital	(607.4K)	2.2M	(651.4K)	2.3M	3.0M	3.2M
Capital Stock	1.7M	1.7M	3.4M	7.2K	7.3K	7.0K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Duos Stock Analysis

When running Duos Technologies' price analysis, check to measure Duos Technologies' 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 Duos Technologies is operating at the current time. Most of Duos Technologies' value examination focuses on studying past and present price action to predict the probability of Duos Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duos Technologies' price. Additionally, you may evaluate how the addition of Duos Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC