Frequency Property Plant Equipment vs Operating Income Analysis
| FREQ Stock | 0.28 0.07 20.00% |
Frequency Exchange financial indicator trend analysis is much more than just examining Frequency Exchange Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frequency Exchange Corp is a good investment. Please check the relationship between Frequency Exchange Property Plant Equipment and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Exchange Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Property Plant Equipment vs Operating Income
Property Plant Equipment vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frequency Exchange Corp Property Plant Equipment account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Frequency Exchange's Property Plant Equipment and Operating Income is -0.61. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Operating Income in the same time period over historical financial statements of Frequency Exchange Corp, assuming nothing else is changed. The correlation between historical values of Frequency Exchange's Property Plant Equipment and Operating 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 Property Plant Equipment of Frequency Exchange Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Property Plant Equipment i.e., Frequency Exchange's Property Plant Equipment and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Property Plant Equipment
Operating Income
Operating Income is the amount of profit realized from Frequency Exchange Corp 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 Frequency Exchange Corp 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.Most indicators from Frequency Exchange's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frequency Exchange Corp 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 Exchange Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. Issuance Of Capital Stock is likely to climb to about 938.2 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 323.5K | 434.8K | 541.8K | 476.7K | Interest Expense | 164.9K | 98.8K | 71.8K | 89.5K |
Frequency Exchange fundamental ratios Correlations
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Frequency Exchange Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Frequency Stock Analysis
When running Frequency Exchange's price analysis, check to measure Frequency Exchange'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 Frequency Exchange is operating at the current time. Most of Frequency Exchange's value examination focuses on studying past and present price action to predict the probability of Frequency Exchange's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frequency Exchange's price. Additionally, you may evaluate how the addition of Frequency Exchange to your portfolios can decrease your overall portfolio volatility.