KWESST Ebitda vs Operating Income Analysis
KWESW Stock | 0.02 0.01 82.46% |
KWESST Micro financial indicator trend analysis is infinitely more than just investigating KWESST Micro Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KWESST Micro Systems is a good investment. Please check the relationship between KWESST Micro Ebitda and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KWESST Micro Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KWESST Micro Systems Ebitda account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KWESST Micro's Ebitda and Operating Income is 0.97. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of KWESST Micro Systems, assuming nothing else is changed. The correlation between historical values of KWESST Micro's Ebitda and Operating 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 Ebitda of KWESST Micro Systems are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., KWESST Micro's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from KWESST Micro Systems 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 KWESST Micro Systems 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.Most indicators from KWESST Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KWESST Micro Systems 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 KWESST Micro Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, KWESST Micro's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 28.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.77 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 512.0K | 723.5K | 832.1K | 873.7K | Depreciation And Amortization | 326.5K | 952.5K | 1.1M | 1.2M |
KWESST Micro fundamental ratios Correlations
Click cells to compare fundamentals
KWESST Micro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for KWESST Stock Analysis
When running KWESST Micro's price analysis, check to measure KWESST Micro'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 KWESST Micro is operating at the current time. Most of KWESST Micro's value examination focuses on studying past and present price action to predict the probability of KWESST Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KWESST Micro's price. Additionally, you may evaluate how the addition of KWESST Micro to your portfolios can decrease your overall portfolio volatility.