Mobix Gross Profit vs Interest Expense Analysis
| MOBXW Stock | 0.10 0 1.21% |
Mobix Labs financial indicator trend analysis is infinitely more than just investigating Mobix Labs recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mobix Labs is a good investment. Please check the relationship between Mobix Labs Gross Profit and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mobix Labs Gross Profit account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Mobix Labs' Gross Profit and Interest Expense is -0.92. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Mobix Labs, assuming nothing else is changed. The correlation between historical values of Mobix Labs' Gross Profit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Mobix Labs are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., Mobix Labs' Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mobix Labs minus its cost of goods sold. It is profit before Mobix Labs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Mobix Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mobix Labs 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. Tax Provision is likely to climb to about 80.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 14.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 343K | 3.4M | 3.9M | 4.1M | Depreciation And Amortization | 1.4M | 1.3M | 1.5M | 1.2M |
Mobix Labs fundamental ratios Correlations
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Mobix Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Mobix Labs' price analysis, check to measure Mobix Labs' 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 Mobix Labs is operating at the current time. Most of Mobix Labs' value examination focuses on studying past and present price action to predict the probability of Mobix Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobix Labs' price. Additionally, you may evaluate how the addition of Mobix Labs to your portfolios can decrease your overall portfolio volatility.