Nixxy, Operating Income vs Total Revenue Analysis
| NIXX Stock | 2.70 0.21 7.22% |
Nixxy, financial indicator trend analysis is infinitely more than just investigating Nixxy, Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nixxy, Inc is a good investment. Please check the relationship between Nixxy, Operating Income and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nixxy, Inc. 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.
Operating Income vs Total Revenue
Operating Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nixxy, Inc Operating Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Nixxy,'s Operating Income and Total Revenue is -0.86. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Nixxy, Inc, assuming nothing else is changed. The correlation between historical values of Nixxy,'s Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nixxy, Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Nixxy,'s Operating Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.86 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Nixxy, Inc 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 Nixxy, Inc 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.Total Revenue
Total revenue comprises all receipts Nixxy, Inc 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.Most indicators from Nixxy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nixxy, Inc 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 Nixxy, Inc. 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. Selling General Administrative is likely to rise to about 9.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 746.2 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.3M | 7.6M | 466.8K | 443.5K | Total Revenue | 22.2M | 21.3M | 3.2M | 3.0M |
Nixxy, fundamental ratios Correlations
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Nixxy, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nixxy,'s price analysis, check to measure Nixxy,'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 Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.