Nauticus Other Operating Expenses vs Net Income Analysis
KITTW Stock | USD 0.01 0 9.60% |
Nauticus Robotics financial indicator trend analysis is infinitely more than just investigating Nauticus Robotics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nauticus Robotics is a good investment. Please check the relationship between Nauticus Robotics Other Operating Expenses and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nauticus Robotics Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nauticus Robotics' Other Operating Expenses and Net Income is -0.12. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Nauticus Robotics, assuming nothing else is changed. The correlation between historical values of Nauticus Robotics' Other Operating Expenses and Net Income 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 Nauticus Robotics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Nauticus Robotics' Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nauticus Robotics. It is also known as Nauticus Robotics 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Nauticus Robotics financial statement analysis. It represents the amount of money remaining after all of Nauticus Robotics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Nauticus Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nauticus Robotics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.Sales General And Administrative To Revenue is likely to climb to 2.77 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 8.3M | 18.0M | 49.8M | 52.3M | Cost Of Revenue | 6.9M | 11.9M | 11.9M | 9.2M |
Nauticus Robotics fundamental ratios Correlations
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Nauticus Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nauticus Robotics' price analysis, check to measure Nauticus Robotics' 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 Nauticus Robotics is operating at the current time. Most of Nauticus Robotics' value examination focuses on studying past and present price action to predict the probability of Nauticus Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nauticus Robotics' price. Additionally, you may evaluate how the addition of Nauticus Robotics to your portfolios can decrease your overall portfolio volatility.