KRT Stock | | | USD 30.89 0.43 1.41% |
Karat Packaging financial indicator trend analysis is infinitely more than just investigating Karat Packaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karat Packaging is a good investment. Please check the relationship between Karat Packaging Non Operating Income Net Other and its Net Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our
How to Invest in Karat Packaging guide.
Non Operating Income Net Other vs Net Interest Income
Non Operating Income Net Other vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karat Packaging Non Operating Income Net Other account and
Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Karat Packaging's Non Operating Income Net Other and Net Interest Income is -0.2. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Karat Packaging, assuming nothing else is changed. The correlation between historical values of Karat Packaging's Non Operating Income Net Other and Net Interest 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 Non Operating Income Net Other of Karat Packaging are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Non Operating Income Net Other i.e., Karat Packaging's Non Operating Income Net Other and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Karat Packaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karat Packaging 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 Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our
How to Invest in Karat Packaging guide.At this time, Karat Packaging's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas
Selling General Administrative is likely to drop slightly above 51
M in 2024.
Karat Packaging fundamental ratios Correlations
Click cells to compare fundamentals
Karat Packaging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karat Packaging fundamental ratios Accounts
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Additional Tools for Karat Stock Analysis
When running Karat Packaging's price analysis, check to
measure Karat Packaging'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 Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to
predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.