OneMedNet Change To Inventory vs Net Income Analysis
ONMDW Stock | 0.03 0.00 0.00% |
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Change To Inventory and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Change To Inventory account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between OneMedNet Corp's Change To Inventory and Net Income is -0.99. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Change To Inventory 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 Change To Inventory of OneMedNet Corp 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 Change To Inventory i.e., OneMedNet Corp's Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in OneMedNet Corp financial statement analysis. It represents the amount of money remaining after all of OneMedNet Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 28.0K | 22.3K | Interest Income | 174.2K | 154.8K |
OneMedNet Corp fundamental ratios Correlations
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OneMedNet Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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