Nxu Income Before Tax vs Total Other Income Expense Net Analysis

NXU Stock  USD 0.26  0.01  3.70%   
Nxu financial indicator trend analysis is infinitely more than just investigating Nxu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nxu Inc is a good investment. Please check the relationship between Nxu Income Before Tax and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu 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.

Income Before Tax vs Total Other Income Expense Net

Income Before Tax vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nxu Inc Income Before Tax account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nxu's Income Before Tax and Total Other Income Expense Net is -0.09. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Nxu Inc, assuming nothing else is changed. The correlation between historical values of Nxu's Income Before Tax and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Nxu Inc are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Nxu's Income Before Tax and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Nxu income statement and is an important metric when analyzing Nxu Inc 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.

Total Other Income Expense Net

Most indicators from Nxu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nxu 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 Nxu 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.
At this time, Nxu's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.000088 in 2024, despite the fact that Enterprise Value is likely to grow to (3.1 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses133.7M68.8M46.2M71.6M
Cost Of Revenue89.1K348K1.0M1.1M

Nxu fundamental ratios Correlations

-0.92-0.940.710.810.850.990.910.530.840.380.860.990.940.230.990.790.960.860.690.790.860.480.860.90.78
-0.920.78-0.51-0.62-0.73-0.88-0.77-0.68-0.95-0.06-0.9-0.87-0.8-0.51-0.91-0.56-0.82-0.68-0.41-0.56-0.7-0.64-0.81-0.74-0.87
-0.940.78-0.61-0.95-0.94-0.98-0.95-0.57-0.7-0.39-0.83-0.95-0.85-0.19-0.91-0.95-0.9-0.77-0.89-0.95-0.77-0.51-0.92-0.98-0.76
0.71-0.51-0.610.420.440.650.66-0.210.50.870.440.770.91-0.480.780.440.870.970.420.440.97-0.270.290.550.12
0.81-0.62-0.950.420.970.880.930.60.580.290.780.820.680.210.750.990.750.60.950.990.580.540.920.980.72
0.85-0.73-0.940.440.970.890.970.630.740.240.90.850.710.290.80.930.770.620.860.930.610.580.920.980.78
0.99-0.88-0.980.650.880.890.930.590.80.340.870.990.90.260.970.860.940.810.770.860.820.540.910.940.81
0.91-0.77-0.950.660.930.970.930.470.790.440.90.930.860.120.890.890.890.790.820.890.790.410.850.980.69
0.53-0.68-0.57-0.210.60.630.590.470.59-0.540.680.450.220.910.450.540.30.030.420.540.041.00.840.590.95
0.84-0.95-0.70.50.580.740.80.790.590.060.950.80.760.450.850.490.760.640.340.490.660.560.730.720.78
0.38-0.06-0.390.870.290.240.340.44-0.540.060.080.480.64-0.820.440.350.60.770.420.350.75-0.60.00.34-0.27
0.86-0.9-0.830.440.780.90.870.90.680.950.080.830.740.460.840.690.770.610.570.690.630.640.860.870.84
0.99-0.87-0.950.770.820.850.990.930.450.80.480.830.960.120.990.810.980.90.730.810.90.390.830.910.71
0.94-0.8-0.850.910.680.710.90.860.220.760.640.740.96-0.080.970.670.990.980.60.670.980.160.650.80.53
0.23-0.51-0.19-0.480.210.290.260.120.910.45-0.820.460.12-0.080.160.14-0.03-0.280.00.14-0.260.930.540.210.77
0.99-0.91-0.910.780.750.80.970.890.450.850.440.840.990.970.160.730.980.90.630.730.910.390.80.860.72
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.730.740.610.981.00.590.480.880.960.67
0.96-0.82-0.90.870.750.770.940.890.30.760.60.770.980.99-0.030.980.740.960.670.740.960.240.720.850.59
0.86-0.68-0.770.970.60.620.810.790.030.640.770.610.90.98-0.280.90.610.960.560.611.0-0.030.510.710.35
0.69-0.41-0.890.420.950.860.770.820.420.340.420.570.730.60.00.630.980.670.560.980.540.360.790.90.53
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.731.00.740.610.980.590.480.880.960.67
0.86-0.7-0.770.970.580.610.820.790.040.660.750.630.90.98-0.260.910.590.961.00.540.59-0.020.510.710.36
0.48-0.64-0.51-0.270.540.580.540.411.00.56-0.60.640.390.160.930.390.480.24-0.030.360.48-0.020.80.530.92
0.86-0.81-0.920.290.920.920.910.850.840.730.00.860.830.650.540.80.880.720.510.790.880.510.80.930.94
0.9-0.74-0.980.550.980.980.940.980.590.720.340.870.910.80.210.860.960.850.710.90.960.710.530.930.76
0.78-0.87-0.760.120.720.780.810.690.950.78-0.270.840.710.530.770.720.670.590.350.530.670.360.920.940.76
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When running Nxu's price analysis, check to measure Nxu'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 Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.