Nxu Operating Income vs Total Other Income Expense Net Analysis
NXU Stock | USD 0.27 0.01 3.85% |
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 Operating Income 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.
Operating Income vs Total Other Income Expense Net
Operating Income 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 Operating Income 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 Operating Income and Total Other Income Expense Net is -0.17. Overlapping area represents the amount of variation of Operating Income 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 Operating Income 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 Operating Income 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 Operating Income i.e., Nxu's Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Nxu 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 Nxu 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 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 Expenses | 133.7M | 68.8M | 46.9M | 71.8M | Cost Of Revenue | 89.1K | 348K | 1.0M | 1.1M |
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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.