Ohmyhome Gross Profit vs Depreciation And Amortization Analysis
| OMH Stock | 0.38 0.01 2.56% |
Ohmyhome Limited financial indicator trend analysis is much more than just breaking down Ohmyhome Limited Ordinary prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ohmyhome Limited Ordinary is a good investment. Please check the relationship between Ohmyhome Limited Gross Profit and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohmyhome Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ohmyhome Limited Ordinary Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ohmyhome Limited's Gross Profit and Depreciation And Amortization is -0.11. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Ohmyhome Limited Ordinary, assuming nothing else is changed. The correlation between historical values of Ohmyhome Limited's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Ohmyhome Limited Ordinary are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Ohmyhome Limited's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.11 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ohmyhome Limited Ordinary minus its cost of goods sold. It is profit before Ohmyhome Limited 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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Ohmyhome Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ohmyhome Limited Ordinary 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 Ohmyhome Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of now, Ohmyhome Limited's Issuance Of Capital Stock is increasing as compared to previous years. The Ohmyhome Limited's current Sales General And Administrative To Revenue is estimated to increase to 1.03, while Selling General Administrative is projected to decrease to under 2.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 239.2K | 323.4K | 485.7K | 378.9K | Interest Income | 10.3K | 4.0K | 106.0K | 111.3K |
Ohmyhome Limited fundamental ratios Correlations
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Ohmyhome Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Ohmyhome Limited Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohmyhome Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohmyhome Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohmyhome Limited Ordinary Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohmyhome Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ohmyhome Limited. If investors know Ohmyhome will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ohmyhome Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.379 | Quarterly Revenue Growth 1.063 | Return On Assets (0.36) | Return On Equity (0.82) |
The market value of Ohmyhome Limited Ordinary is measured differently than its book value, which is the value of Ohmyhome that is recorded on the company's balance sheet. Investors also form their own opinion of Ohmyhome Limited's value that differs from its market value or its book value, called intrinsic value, which is Ohmyhome Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ohmyhome Limited's market value can be influenced by many factors that don't directly affect Ohmyhome Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ohmyhome Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohmyhome Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohmyhome Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.