Infrared Cost Of Revenue vs Net Income From Continuing Ops Analysis
| MSAIW Stock | 0.04 0.01 49.61% |
Infrared Cameras financial indicator trend analysis is infinitely more than just investigating Infrared Cameras Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infrared Cameras Holdings is a good investment. Please check the relationship between Infrared Cameras Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infrared Cameras Holdings Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Infrared Cameras' Cost Of Revenue and Net Income From Continuing Ops is 0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Infrared Cameras Holdings, assuming nothing else is changed. The correlation between historical values of Infrared Cameras' Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Infrared Cameras Holdings are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Infrared Cameras' Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Infrared Cameras Holdings income statement and represents the costs associated with goods and services Infrared Cameras provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income From Continuing Ops
Most indicators from Infrared Cameras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infrared Cameras Holdings 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 Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 197.6 K in 2024. Selling General Administrative is likely to drop to about 18.3 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 315K | 115K | 94K | 139.7K | Depreciation And Amortization | 318K | 561K | 872K | 642.0K |
Infrared Cameras fundamental ratios Correlations
Click cells to compare fundamentals
Infrared Cameras Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Infrared Cameras' price analysis, check to measure Infrared Cameras' 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 Infrared Cameras is operating at the current time. Most of Infrared Cameras' value examination focuses on studying past and present price action to predict the probability of Infrared Cameras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infrared Cameras' price. Additionally, you may evaluate how the addition of Infrared Cameras to your portfolios can decrease your overall portfolio volatility.