Samsara Income Before Tax vs Total Revenue Analysis
| IOT Stock | USD 54.88 2.25 4.28% |
Samsara financial indicator trend analysis is much more than just breaking down Samsara prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samsara is a good investment. Please check the relationship between Samsara Income Before Tax and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Samsara. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Samsara Stock please use our How to Invest in Samsara guide.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Samsara Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Samsara's Income Before Tax and Total Revenue is -0.62. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Samsara, assuming nothing else is changed. The correlation between historical values of Samsara's Income Before Tax 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 Income Before Tax of Samsara 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 Income Before Tax i.e., Samsara's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.62 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Samsara income statement and is an important metric when analyzing Samsara profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Samsara 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 Samsara's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samsara 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 Samsara. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Samsara Stock please use our How to Invest in Samsara guide.Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 49.5M | 76.7M | 15.5M | 14.7M | Interest Income | 2K | 15.6M | 18.0M | 18.9M |
Samsara fundamental ratios Correlations
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Samsara Account Relationship Matchups
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Additional Tools for Samsara Stock Analysis
When running Samsara's price analysis, check to measure Samsara'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 Samsara is operating at the current time. Most of Samsara's value examination focuses on studying past and present price action to predict the probability of Samsara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Samsara's price. Additionally, you may evaluate how the addition of Samsara to your portfolios can decrease your overall portfolio volatility.