IDHC Stock | | | 0.40 0.02 5.26% |
Integrated Diagnostics financial indicator trend analysis is infinitely more than just investigating Integrated Diagnostics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integrated Diagnostics is a good investment. Please check the relationship between Integrated Diagnostics Total Other Income Expense Net and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Diagnostics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Other Income Expense Net vs Total Revenue
Total Other Income Expense Net vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Integrated Diagnostics Total Other Income Expense Net account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Integrated Diagnostics' Total Other Income Expense Net and Total Revenue is -0.4. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Integrated Diagnostics Holdings, assuming nothing else is changed. The correlation between historical values of Integrated Diagnostics' Total Other Income Expense Net and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Integrated Diagnostics Holdings are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Other Income Expense Net i.e., Integrated Diagnostics' Total Other Income Expense Net and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Total Revenue
Total revenue comprises all receipts Integrated Diagnostics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Integrated Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integrated Diagnostics 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Diagnostics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 339.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 168.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.8B | 1.5B | 1.5B | 1.1B | Total Revenue | 5.2B | 3.6B | 4.1B | 2.3B |
Integrated Diagnostics fundamental ratios Correlations
Click cells to compare fundamentals
Integrated Diagnostics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Integrated Diagnostics fundamental ratios Accounts
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