Forum Ebit vs Operating Income Analysis
| FRMB Stock | USD 0.0001 0.00 0.00% |
Forum Mobile financial indicator trend analysis is much more than just examining Forum Mobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forum Mobile is a good investment. Please check the relationship between Forum Mobile Ebit and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forum Mobile Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Forum Mobile's Ebit and Operating Income is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Forum Mobile, assuming nothing else is changed. The correlation between historical values of Forum Mobile's Ebit 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 Ebit of Forum Mobile 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 Ebit i.e., Forum Mobile's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ebit
Operating Income
Operating Income is the amount of profit realized from Forum Mobile 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 Forum Mobile 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 Forum Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forum Mobile 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 Forum Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.As of November 25, 2024, Selling General Administrative is expected to decline to about 420.9 K. In addition to that, Discontinued Operations is expected to decline to about (549.5 K)
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 2.5M | 197.5K | 177.8K | 168.9K | Total Revenue | 7.4M | 641.5K | 577.3K | 548.4K |
Forum Mobile fundamental ratios Correlations
Click cells to compare fundamentals
Forum Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Forum Mobile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forum Mobile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forum Mobile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forum Mobile Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Technology Hardware, Storage & Peripherals 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 Forum Mobile. If investors know Forum 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 Forum Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.006 | Quarterly Revenue Growth (0.55) | Return On Assets (0.55) |
The market value of Forum Mobile is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Mobile's value that differs from its market value or its book value, called intrinsic value, which is Forum Mobile's 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 Forum Mobile's market value can be influenced by many factors that don't directly affect Forum Mobile's 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 Forum Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Mobile's 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.