Frequency Other Operating Expenses vs Gross Profit Analysis
FEIM Stock | USD 13.29 0.20 1.53% |
Frequency Electronics financial indicator trend analysis is much more than just examining Frequency Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frequency Electronics is a good investment. Please check the relationship between Frequency Electronics Other Operating Expenses and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frequency Electronics Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Frequency Electronics' Other Operating Expenses and Gross Profit is 0.56. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Frequency Electronics, assuming nothing else is changed. The correlation between historical values of Frequency Electronics' Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Frequency Electronics are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Frequency Electronics' Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Frequency Electronics. It is also known as Frequency Electronics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Frequency Electronics minus its cost of goods sold. It is profit before Frequency Electronics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Frequency Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frequency Electronics 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 Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.At this time, Frequency Electronics' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 14.98, though Tax Provision is likely to grow to (123.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.6M | 7.8M | 18.6M | 15.2M | Total Revenue | 48.3M | 40.8M | 55.3M | 52.4M |
Frequency Electronics fundamental ratios Correlations
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Frequency Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frequency Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 91.3M | 86.0M | 85.9M | 74.5M | 83.3M | 99.8M | |
Other Current Liab | 11.1M | 3.4M | 7.9M | 3.7M | 3.2M | 4.1M | |
Total Current Liabilities | 13.0M | 8.1M | 23.0M | 27.3M | 30.8M | 32.3M | |
Total Stockholder Equity | 54.3M | 55.4M | 46.7M | 32.9M | 39.8M | 70.5M | |
Property Plant And Equipment Net | 22.1M | 19.4M | 17.4M | 14.5M | 12.5M | 13.5M | |
Net Debt | 7.5M | 274K | (2.5M) | 15.3M | (12.1M) | (11.5M) | |
Retained Earnings | (12.1M) | (11.5M) | (20.1M) | (25.6M) | (20.0M) | (19.0M) | |
Cash | 3.8M | 9.8M | 11.6M | (7.6M) | 18.3M | 19.2M | |
Non Current Assets Total | 40.0M | 37.3M | 28.8M | 26.2M | 25.1M | 27.3M | |
Non Currrent Assets Other | 17.3M | 17.3M | 10.8M | 11.1M | 12.0M | 10.8M | |
Cash And Short Term Investments | 14.4M | 20.1M | 21.5M | 12.0M | 18.3M | 20.3M | |
Net Receivables | 11.3M | 18.2M | 14.3M | 14.6M | 15.1M | 15.2M | |
Common Stock Shares Outstanding | 9.1M | 9.2M | 9.3M | 9.3M | 9.4M | 9.3M | |
Liabilities And Stockholders Equity | 91.3M | 86.0M | 85.9M | 74.5M | 83.3M | 99.8M | |
Non Current Liabilities Total | 24.1M | 22.5M | 16.2M | 14.3M | 12.6M | 12.7M | |
Inventory | 23.0M | 19.7M | 19.9M | 20.5M | 23.4M | 24.0M | |
Other Current Assets | 2.6M | 1.4M | 1.4M | 1.1M | 1.2M | 1.2M | |
Other Stockholder Equity | 56.8M | 57.3M | 58.0M | 49.1M | 50.3M | 47.6M | |
Total Liab | 37.0M | 30.6M | 39.2M | 41.6M | 43.4M | 29.2M | |
Total Current Assets | 51.3M | 48.7M | 57.1M | 48.3M | 58.1M | 52.7M | |
Accounts Payable | 1.2M | 1.4M | 1.1M | 1.5M | 2.3M | 1.5M | |
Property Plant And Equipment Gross | 22.1M | 19.4M | 17.4M | 14.5M | 70.6M | 74.1M | |
Accumulated Other Comprehensive Income | (915K) | 46K | 490K | 291K | (440K) | 0.0 | |
Other Liab | 14.6M | 14.1M | 8.9M | 8.4M | 7.6M | 10.3M | |
Other Assets | 16.5M | 16.5M | 10.8M | 1.0 | 1.15 | 1.09 | |
Short Term Investments | 10.6M | 10.3M | 10.0M | 19.7M | 17.7M | 13.4M | |
Treasury Stock | (841K) | (195K) | (6K) | (3K) | (3.5K) | (3.6K) | |
Property Plant Equipment | 11.3M | 19.4M | 17.4M | 7.1M | 8.2M | 11.9M | |
Net Tangible Assets | 53.6M | 54.8M | 46.1M | 32.3M | 29.0M | 55.5M | |
Retained Earnings Total Equity | (2.1M) | (12.1M) | (11.5M) | (25.6M) | (23.1M) | (21.9M) | |
Capital Surpluse | 56.8M | 56.9M | 57.4M | 49.1M | 56.5M | 59.8M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frequency Electronics. If investors know Frequency will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frequency Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.394 | Earnings Share 0.62 | Revenue Per Share 6.119 | Return On Assets 0.0415 | Return On Equity 0.175 |
The market value of Frequency Electronics is measured differently than its book value, which is the value of Frequency that is recorded on the company's balance sheet. Investors also form their own opinion of Frequency Electronics' value that differs from its market value or its book value, called intrinsic value, which is Frequency Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frequency Electronics' market value can be influenced by many factors that don't directly affect Frequency Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frequency Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Frequency Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frequency Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.