OD6 Operating Income vs Net Income Analysis
| OD6 Stock | 0.03 0 8.57% |
OD6 Metals financial indicator trend analysis is much more than just breaking down OD6 Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OD6 Metals is a good investment. Please check the relationship between OD6 Metals Operating Income and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OD6 Metals Operating Income account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OD6 Metals' Operating Income and Net Income is 0.5. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of OD6 Metals, assuming nothing else is changed. The correlation between historical values of OD6 Metals' Operating Income and Net Income 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 OD6 Metals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., OD6 Metals' Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from OD6 Metals 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 OD6 Metals 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in OD6 Metals financial statement analysis. It represents the amount of money remaining after all of OD6 Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from OD6 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OD6 Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 541.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 459.0 | 125.7K | 144.6K | 151.8K | Net Interest Income | 459.0 | 125.7K | 144.6K | 151.8K |
OD6 Metals fundamental ratios Correlations
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OD6 Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for OD6 Stock Analysis
When running OD6 Metals' price analysis, check to measure OD6 Metals' 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 OD6 Metals is operating at the current time. Most of OD6 Metals' value examination focuses on studying past and present price action to predict the probability of OD6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OD6 Metals' price. Additionally, you may evaluate how the addition of OD6 Metals to your portfolios can decrease your overall portfolio volatility.