Fitell Net Income From Continuing Ops vs Total Operating Expenses Analysis
| FTEL Stock | 28.63 1.63 6.04% |
Fitell Ordinary financial indicator trend analysis is much more than just examining Fitell Ordinary latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fitell Ordinary is a good investment. Please check the relationship between Fitell Ordinary Net Income From Continuing Ops and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fitell Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.
Net Income From Continuing Ops vs Total Operating Expenses
Net Income From Continuing Ops vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fitell Ordinary Net Income From Continuing Ops account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Fitell Ordinary's Net Income From Continuing Ops and Total Operating Expenses is -0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Fitell Ordinary, assuming nothing else is changed. The correlation between historical values of Fitell Ordinary's Net Income From Continuing Ops and Total Operating Expenses 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 Fitell Ordinary are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Fitell Ordinary's Net Income From Continuing Ops and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income From Continuing Ops
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Fitell Ordinary's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fitell Ordinary 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 Fitell Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.At this time, Fitell Ordinary's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 2.15 this year, although the value of Tax Provision is projected to rise to (198.9 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.4K | 92.8K | 1.2M | 1.3M | Depreciation And Amortization | 214.2K | 12.3K | 294.6K | 309.3K |
Fitell Ordinary fundamental ratios Correlations
Click cells to compare fundamentals
Fitell Ordinary Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fitell Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Other Specialty Retail 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 Fitell Ordinary. If investors know Fitell 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 Fitell Ordinary listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.435 | Quarterly Revenue Growth (0.30) | Return On Assets (0.22) | Return On Equity (0.58) |
The market value of Fitell Ordinary is measured differently than its book value, which is the value of Fitell that is recorded on the company's balance sheet. Investors also form their own opinion of Fitell Ordinary's value that differs from its market value or its book value, called intrinsic value, which is Fitell Ordinary'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 Fitell Ordinary's market value can be influenced by many factors that don't directly affect Fitell Ordinary'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 Fitell Ordinary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fitell Ordinary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fitell Ordinary'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.