| ENET Stock | | | 0.12 0.01 7.69% |
Ethernity Networks financial indicator trend analysis is much more than just examining Ethernity Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ethernity Networks is a good investment. Please check the relationship between Ethernity Networks Net Income From Continuing Ops and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethernity Networks. 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.
Net Income From Continuing Ops vs Net Income
Net Income From Continuing Ops vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ethernity Networks Net Income From Continuing Ops account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Ethernity Networks' Net Income From Continuing Ops and Net Income is 1.0. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Ethernity Networks, assuming nothing else is changed. The correlation between historical values of Ethernity Networks' Net Income From Continuing Ops and Net 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 Net Income From Continuing Ops of Ethernity Networks are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., Ethernity Networks' Net Income From Continuing Ops and Net Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income From Continuing Ops
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ethernity Networks financial statement analysis. It represents the amount of money remaining after all of Ethernity Networks operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Ethernity Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ethernity Networks 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 Ethernity Networks. 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.
Selling General Administrative is likely to drop to about 463.8
K in 2024.
Tax Provision is expected to grow at the current pace this year
Ethernity Networks fundamental ratios Correlations
Click cells to compare fundamentals
Ethernity Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ethernity Networks fundamental ratios Accounts
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predict the probability of Ethernity Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethernity Networks' price. Additionally, you may evaluate how the addition of Ethernity Networks to your portfolios can decrease your overall portfolio volatility.