Infrared Total Revenue vs Income Before Tax 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 Total Revenue and its Income Before Tax 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.
Total Revenue vs Income Before Tax
Total Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infrared Cameras Holdings Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Infrared Cameras' Total Revenue and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax 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' Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Infrared Cameras Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Infrared Cameras' Total Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Infrared Cameras Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Infrared Cameras income statement and is an important metric when analyzing Infrared Cameras Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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.