ICZOOM Operating Income vs Total Other Income Expense Net Analysis
IZM Stock | 2.30 0.02 0.88% |
ICZOOM Group financial indicator trend analysis is infinitely more than just investigating ICZOOM Group Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICZOOM Group Class is a good investment. Please check the relationship between ICZOOM Group Operating Income and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICZOOM Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Operating Income vs Total Other Income Expense Net
Operating Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICZOOM Group Class Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ICZOOM Group's Operating Income and Total Other Income Expense Net is 0.41. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of ICZOOM Group Class, assuming nothing else is changed. The correlation between historical values of ICZOOM Group's Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ICZOOM Group Class are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., ICZOOM Group's Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from ICZOOM Group Class operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ICZOOM Group Class is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Other Income Expense Net
Most indicators from ICZOOM Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICZOOM Group Class 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 ICZOOM Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, ICZOOM Group's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value is likely to grow to about 48.5 M, though Tax Provision is likely to grow to (62.4 K).
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 190.0K | 854.0K | 896.7K | Interest Income | 30.8K | 35.4K | 66.0K |
ICZOOM Group fundamental ratios Correlations
Click cells to compare fundamentals
ICZOOM Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ICZOOM Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.3M | 87.5M | 89.6M | 88.2M | 40.0M | 74.4M | |
Short Long Term Debt Total | 12.4M | 16.9M | 12.6M | 14.9M | 12.2M | 14.7M | |
Other Current Liab | 3.4M | 1.0M | 3.7M | 7.0M | 878.6K | 834.6K | |
Total Current Liabilities | 57.1M | 80.1M | 78.7M | 72.3M | 24.6M | 46.8M | |
Total Stockholder Equity | 3.2M | 7.4M | 10.5M | 15.5M | 15.4M | 9.9M | |
Property Plant And Equipment Net | 115.0K | 57.0K | 811.8K | 988.9K | 502.4K | 503.6K | |
Current Deferred Revenue | 2.6M | 5.4M | 3.7M | 1.7M | 3.0M | 3.3M | |
Net Debt | 9.8M | 13.7M | 11.4M | 8.5M | 9.7M | 8.3M | |
Retained Earnings | (12.0M) | (9.4M) | (7.1M) | (5.3M) | (7.6M) | (8.0M) | |
Accounts Payable | 38.7M | 54.4M | 59.6M | 51.1M | 5.3M | 5.0M | |
Cash | 2.6M | 3.2M | 1.1M | 6.4M | 5.5M | 3.9M | |
Non Current Assets Total | 652.9K | 586.5K | 1.2M | 1.3M | 843.0K | 987.6K | |
Non Currrent Assets Other | 1.1K | 7.3K | 14.5K | 10.6K | 1.4K | 1.4K | |
Other Assets | 5.0K | 39.0K | 39.2K | 1.0 | 0.9 | 0.86 | |
Cash And Short Term Investments | 4.9M | 4.1M | 1.1M | 6.4M | 5.5M | 4.5M | |
Net Receivables | 46.1M | 69.6M | 77.7M | 78.0M | 29.2M | 27.8M | |
Liabilities And Stockholders Equity | 60.3M | 87.5M | 89.6M | 88.2M | 40.0M | 74.4M | |
Inventory | 1.7M | 2.5M | 365.6K | 2.4M | 339.3K | 322.3K | |
Other Current Assets | 6.9M | 10.7M | 9.2M | 54.3K | 4.1M | 5.0M | |
Other Stockholder Equity | 14.0M | 14.6M | 14.5M | 18.8M | 20.0M | 17.4M | |
Total Liab | 57.1M | 80.1M | 79.1M | 72.6M | 24.6M | 46.9M | |
Net Invested Capital | 15.6M | 24.4M | 22.4M | 29.6M | 27.1M | 24.2M | |
Short Long Term Debt | 12.4M | 16.9M | 11.9M | 14.0M | 11.8M | 14.4M | |
Total Current Assets | 59.7M | 86.9M | 88.4M | 86.9M | 39.1M | 73.4M | |
Accumulated Other Comprehensive Income | (333.9K) | 765.6K | 1.7M | 430.7K | 1.3M | 1.3M | |
Net Working Capital | 2.5M | 6.8M | 9.7M | 14.6M | 14.5M | 9.0M | |
Short Term Debt | 12.4M | 16.9M | 12.1M | 14.5M | 12.2M | 14.6M | |
Intangible Assets | 532.9K | 490.5K | 378.3K | 288.4K | 204.0K | 317.2K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICZOOM Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Electronic Equipment, Instruments & Components 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 ICZOOM Group. If investors know ICZOOM 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 ICZOOM Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share (0.22) | Revenue Per Share 17.084 | Quarterly Revenue Growth (0.04) | Return On Assets (0.01) |
The market value of ICZOOM Group Class is measured differently than its book value, which is the value of ICZOOM that is recorded on the company's balance sheet. Investors also form their own opinion of ICZOOM Group's value that differs from its market value or its book value, called intrinsic value, which is ICZOOM Group'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 ICZOOM Group's market value can be influenced by many factors that don't directly affect ICZOOM Group'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 ICZOOM Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICZOOM Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICZOOM Group'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.