| POET Stock | | | USD 4.25 0.24 5.99% |
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Gross Profit and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy POET Stock please use our
How to Invest in POET Technologies guide.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
POET Technologies Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between POET Technologies' Gross Profit and Operating Income is 0.1. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Gross Profit 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 Gross Profit of POET Technologies 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 Gross Profit i.e., POET Technologies' Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of POET Technologies minus its cost of goods sold. It is profit before POET Technologies 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.
Operating Income
Operating Income is the amount of profit realized from POET Technologies 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 POET Technologies 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 POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies 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 POET Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy POET Stock please use our
How to Invest in POET Technologies guide.At this time, POET Technologies'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 63.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.9
M in 2024.
POET Technologies fundamental ratios Correlations
Click cells to compare fundamentals
POET Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POET Technologies fundamental ratios Accounts
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Additional Tools for POET Stock Analysis
When running POET Technologies' price analysis, check to
measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to
predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.