EGT Stock | | | CAD 0.01 0.00 0.00% |
Eguana Technologies financial indicator trend analysis is much more than just examining Eguana Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eguana Technologies is a good investment. Please check the relationship between Eguana Technologies Operating Income 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 Eguana Technologies. 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.
Operating Income vs Net Income From Continuing Ops
Operating Income 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
Eguana Technologies Operating Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eguana Technologies' Operating Income and Net Income From Continuing Ops is 0.84. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Eguana Technologies, assuming nothing else is changed. The correlation between historical values of Eguana Technologies' Operating Income 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 Operating Income of Eguana Technologies 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 Operating Income i.e., Eguana Technologies' Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Eguana Technologies 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 Eguana Technologies 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.
Net Income From Continuing Ops
Most indicators from Eguana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eguana 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 Eguana Technologies. 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, Eguana Technologies'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 37.7
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(10.01) in 2024.
Eguana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Eguana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eguana Technologies fundamental ratios Accounts
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Additional Tools for Eguana Stock Analysis
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measure Eguana 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to
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