| NXPLW Stock | | | USD 0.20 0.00 0.00% |
NextPlat Corp financial indicator trend analysis is infinitely more than just investigating NextPlat Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextPlat Corp is a good investment. Please check the relationship between NextPlat Corp Operating Income and its Gross Profit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextPlat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NextPlat Stock please use our
How to Invest in NextPlat Corp guide.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NextPlat Corp Operating Income account and
Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between NextPlat Corp's Operating Income and Gross Profit is -0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of NextPlat Corp, assuming nothing else is changed. The correlation between historical values of NextPlat Corp's Operating 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 Operating Income of NextPlat Corp 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 Operating Income i.e., NextPlat Corp's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.81 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from NextPlat Corp 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 NextPlat Corp 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of NextPlat Corp minus its cost of goods sold. It is profit before NextPlat Corp 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 NextPlat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextPlat Corp 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 NextPlat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NextPlat Stock please use our
How to Invest in NextPlat Corp guide.At this time, NextPlat Corp's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 195.7
K in 2025, whereas
Enterprise Value Over EBITDA is likely to drop
(0.27) in 2025.
NextPlat Corp fundamental ratios Correlations
Click cells to compare fundamentals
NextPlat Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NextPlat Corp fundamental ratios Accounts
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Additional Tools for NextPlat Stock Analysis
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measure NextPlat Corp'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 NextPlat Corp is operating at the current time. Most of NextPlat Corp's value examination focuses on studying past and present price action to
predict the probability of NextPlat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextPlat Corp's price. Additionally, you may evaluate how the addition of NextPlat Corp to your portfolios can decrease your overall portfolio volatility.