OUT Stock | | | USD 19.13 0.19 1.00% |
Outfront Media financial indicator trend analysis is much more than just breaking down Outfront Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Outfront Media is a good investment. Please check the relationship between Outfront Media Ebit and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outfront Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Outfront Stock please use our
How to Invest in Outfront Media guide.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Outfront Media Ebit account and
Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Outfront Media's Ebit and Operating Income is 0.24. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Outfront Media, assuming nothing else is changed. The correlation between historical values of Outfront Media's Ebit and Operating 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 Ebit of Outfront Media are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Outfront Media's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Operating Income
Operating Income is the amount of profit realized from Outfront Media 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 Outfront Media 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.
Most indicators from Outfront Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Outfront Media 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 Outfront Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Outfront Stock please use our
How to Invest in Outfront Media guide.At this time, Outfront Media's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is expected to grow at the current pace this year, whereas
Selling General Administrative is likely to drop slightly above 324.4
M in 2024.
Outfront Media fundamental ratios Correlations
Click cells to compare fundamentals
Outfront Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Outfront Media fundamental ratios Accounts
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Additional Tools for Outfront Stock Analysis
When running Outfront Media's price analysis, check to
measure Outfront Media'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 Outfront Media is operating at the current time. Most of Outfront Media's value examination focuses on studying past and present price action to
predict the probability of Outfront Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outfront Media's price. Additionally, you may evaluate how the addition of Outfront Media to your portfolios can decrease your overall portfolio volatility.