Plum Operating Income vs Ebitda Analysis
| PLMJW Stock | 0.06 0 3.30% |
Plum Acquisition financial indicator trend analysis is much more than just breaking down Plum Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plum Acquisition Corp is a good investment. Please check the relationship between Plum Acquisition Operating Income and its Ebitda accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Operating Income vs Ebitda
Operating Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Operating Income account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Plum Acquisition's Operating Income and Ebitda is -0.58. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Plum Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Plum Acquisition's Operating Income and Ebitda 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 Plum Acquisition Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Plum Acquisition's Operating Income and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Plum Acquisition Corp 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 Plum Acquisition Corp 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.Ebitda
Most indicators from Plum Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plum Acquisition 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, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Enterprise Value Over EBITDA is likely to drop to 29.70 in 2024. Enterprise Value Multiple is likely to drop to 29.70 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 761.6K | 2.8M | 833.9K | 1.6M | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Plum Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Plum Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Plum Stock Analysis
When running Plum Acquisition's price analysis, check to measure Plum Acquisition'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 Plum Acquisition is operating at the current time. Most of Plum Acquisition's value examination focuses on studying past and present price action to predict the probability of Plum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plum Acquisition's price. Additionally, you may evaluate how the addition of Plum Acquisition to your portfolios can decrease your overall portfolio volatility.