BitFuFu Other Operating Expenses vs Selling General Administrative 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 Other Operating Expenses and its Selling General Administrative 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.
Other Operating Expenses vs Selling General Administrative
Other Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between BitFuFu's Other Operating Expenses and Selling General Administrative is 0.76. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative 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 Other Operating Expenses and Selling General Administrative 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 BitFuFu Class A are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., BitFuFu's Other Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BitFuFu Class A. It is also known as BitFuFu 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.Selling General Administrative
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
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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.