FTAC Other Operating Expenses vs Net Income Analysis
| FLDDU Stock | 12.00 0.60 5.26% |
FTAC Emerald financial indicator trend analysis is much more than just examining FTAC Emerald Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTAC Emerald Acquisition is a good investment. Please check the relationship between FTAC Emerald Other Operating Expenses and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTAC Emerald Acquisition Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between FTAC Emerald's Other Operating Expenses and Net Income is 1.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of FTAC Emerald Acquisition, assuming nothing else is changed. The correlation between historical values of FTAC Emerald's Other Operating Expenses 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 Other Operating Expenses of FTAC Emerald Acquisition 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 Other Operating Expenses i.e., FTAC Emerald's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FTAC Emerald Acquisition. It is also known as FTAC Emerald 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in FTAC Emerald Acquisition financial statement analysis. It represents the amount of money remaining after all of FTAC Emerald Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from FTAC Emerald's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTAC Emerald Acquisition 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 FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Tax Provision is likely to drop to about 1.7 M in 2024. Selling General Administrative is likely to drop to about 3 M in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 3.6M | 11.2M | 8.2M | Tax Provision | 726.4K | 2.3M | 1.7M |
FTAC Emerald fundamental ratios Correlations
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FTAC Emerald Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for FTAC Stock Analysis
When running FTAC Emerald's price analysis, check to measure FTAC Emerald's 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 FTAC Emerald is operating at the current time. Most of FTAC Emerald's value examination focuses on studying past and present price action to predict the probability of FTAC Emerald's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTAC Emerald's price. Additionally, you may evaluate how the addition of FTAC Emerald to your portfolios can decrease your overall portfolio volatility.