AdRabbit Interest Expense vs Income Before Tax Analysis
| RABI Stock | 0.01 0.00 0.00% |
AdRabbit financial indicator trend analysis is way more than just evaluating AdRabbit Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AdRabbit Limited is a good investment. Please check the relationship between AdRabbit Interest Expense and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AdRabbit Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AdRabbit Limited Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between AdRabbit's Interest Expense and Income Before Tax is -0.94. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of AdRabbit Limited, assuming nothing else is changed. The correlation between historical values of AdRabbit's Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of AdRabbit Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., AdRabbit's Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on AdRabbit income statement and is an important metric when analyzing AdRabbit Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from AdRabbit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AdRabbit Limited 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 AdRabbit Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Selling General Administrative is likely to drop to about 631.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 35.8K | 278.2K | 262.9K | 163.5K | Research Development | 1.1M | 635.1K | 146.3K | 138.9K |
AdRabbit fundamental ratios Correlations
Click cells to compare fundamentals
AdRabbit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for AdRabbit Stock Analysis
When running AdRabbit's price analysis, check to measure AdRabbit'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 AdRabbit is operating at the current time. Most of AdRabbit's value examination focuses on studying past and present price action to predict the probability of AdRabbit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdRabbit's price. Additionally, you may evaluate how the addition of AdRabbit to your portfolios can decrease your overall portfolio volatility.