BitFuFu Interest Income vs Gross Profit Analysis
FUFU Stock | 5.24 0.23 4.59% |
BitFuFu financial indicator trend analysis is way more than just evaluating BitFuFu Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Class A is a good investment. Please check the relationship between BitFuFu Interest Income and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Interest Income vs Gross Profit
Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Interest Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BitFuFu's Interest Income and Gross Profit is 0.5. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BitFuFu Class A, assuming nothing else is changed. The correlation between historical values of BitFuFu's Interest Income 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 Interest Income of BitFuFu Class A 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 Interest Income i.e., BitFuFu's Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BitFuFu Class A minus its cost of goods sold. It is profit before BitFuFu 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 BitFuFu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Class A 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 BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Tax Provision is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.0M | 36.2M | 12.7M | 16.0M | Total Revenue | 103.0M | 198.2M | 284.1M | 161.3M |
BitFuFu fundamental ratios Correlations
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BitFuFu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for BitFuFu Stock Analysis
When running BitFuFu's price analysis, check to measure BitFuFu'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 BitFuFu is operating at the current time. Most of BitFuFu's value examination focuses on studying past and present price action to predict the probability of BitFuFu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitFuFu's price. Additionally, you may evaluate how the addition of BitFuFu to your portfolios can decrease your overall portfolio volatility.