Marti Net Income vs Gross Profit Analysis
MRT Stock | USD 2.02 0.06 2.88% |
Marti Technologies financial indicator trend analysis is infinitely more than just investigating Marti Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marti Technologies is a good investment. Please check the relationship between Marti Technologies Net Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marti Technologies. 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 Marti Stock please use our How to Invest in Marti Technologies guide.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marti Technologies Net Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Marti Technologies' Net Income and Gross Profit is 0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Marti Technologies, assuming nothing else is changed. The correlation between historical values of Marti Technologies' Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Marti Technologies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Marti Technologies' Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Marti Technologies financial statement analysis. It represents the amount of money remaining after all of Marti Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Marti Technologies minus its cost of goods sold. It is profit before Marti Technologies 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.Most indicators from Marti Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marti Technologies 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 Marti Technologies. 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 Marti Stock please use our How to Invest in Marti Technologies guide.At this time, Marti Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.79 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.5M | 9.1M | 10.0M | 8.2M | Interest Income | 4.8K | 2.1M | 831.2K | 816.1K |
Marti Technologies fundamental ratios Correlations
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Marti Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Marti Stock Analysis
When running Marti Technologies' price analysis, check to measure Marti Technologies' 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 Marti Technologies is operating at the current time. Most of Marti Technologies' value examination focuses on studying past and present price action to predict the probability of Marti Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marti Technologies' price. Additionally, you may evaluate how the addition of Marti Technologies to your portfolios can decrease your overall portfolio volatility.