Real Net Income vs Ebit Analysis

REAL Stock

CAD 6.38 0.01 0.16%

Real Matters financial indicator trend analysis is much more than just breaking down Real Matters prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Matters is a good investment. Please check the relationship between Real Matters Net Income and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Matters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Matters Net Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Real Matters' Net Income and Ebit is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Real Matters, assuming nothing else is changed. The correlation between historical values of Real Matters' Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Real Matters are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Real Matters' Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Real Matters financial statement analysis. It represents the amount of money remaining after all of Real Matters operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Real Matters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Matters 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 Real Matters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Real Matters' Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.21, though Tax Provision is likely to grow to (3.2 M).

	2021	2022	2023	2024 (projected)
Interest Expense	264K	206K	185.4K	348.4K
Depreciation And Amortization	4.5M	3.9M	3.5M	3.3M

Interest Expense Depreciation And Amortization

Real Matters fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		-0.01	0.21	0.14	0.24	-0.08	0.5	-0.15	-0.16	0.35	-0.13	0.77	0.22	0.01	0.16	0.17	0.08	0.01	0.1	-0.14	-0.45	0.5	-0.53	-0.81	0.36	-0.63
Total Assets	-0.01		-0.42	0.44	0.54	0.97	0.08	0.79	0.68	-0.85	-0.82	-0.35	0.5	0.86	0.85	0.01	0.58	0.86	0.83	0.96	0.77	-0.17	0.47	0.41	0.23	0.34
Short Long Term Debt Total	0.21	-0.42		0.38	0.45	-0.61	0.44	-0.72	-0.08	0.55	0.57	0.58	0.23	-0.5	-0.21	0.49	-0.83	-0.5	-0.25	-0.47	-0.67	0.78	-0.4	-0.46	0.67	-0.19
Other Current Liab	0.14	0.44	0.38		0.89	0.22	0.81	-0.16	0.13	-0.31	-0.02	0.13	0.25	0.05	0.77	0.71	0.1	0.05	0.34	0.41	0.09	0.71	-0.17	-0.2	0.89	-0.07
Total Current Liabilities	0.24	0.54	0.45	0.89		0.32	0.67	-0.01	0.41	-0.34	-0.17	0.16	0.65	0.22	0.73	0.53	-0.05	0.22	0.6	0.5	0.12	0.64	0.01	-0.11	0.92	0.07
Total Stockholder Equity	-0.08	0.97	-0.61	0.22	0.32		-0.14	0.91	0.69	-0.88	-0.89	-0.47	0.4	0.91	0.74	-0.19	0.66	0.91	0.77	0.95	0.87	-0.41	0.57	0.52	-0.03	0.42
Other Liab	0.5	0.08	0.44	0.81	0.67	-0.14		-0.48	-0.34	0.18	0.22	0.57	0.07	-0.24	0.49	0.81	0.05	-0.24	0.05	0.01	-0.37	0.9	-0.56	-0.69	0.85	-0.6
Net Tangible Assets	-0.15	0.79	-0.72	-0.16	-0.01	0.91	-0.48		0.7	-0.78	-0.93	-0.51	0.3	0.93	0.41	-0.49	0.56	0.93	0.61	0.77	0.85	-0.68	0.7	0.61	-0.37	0.51
Property Plant And Equipment Net	-0.16	0.68	-0.08	0.13	0.41	0.69	-0.34	0.7		-0.64	-0.67	-0.36	0.66	0.74	0.37	-0.41	-0.02	0.74	0.72	0.65	0.63	-0.3	0.61	0.58	0.08	0.74
Current Deferred Revenue	0.35	-0.85	0.55	-0.31	-0.34	-0.88	0.18	-0.78	-0.64		0.69	0.73	-0.27	-0.7	-0.73	0.15	-0.62	-0.7	-0.67	-0.93	-0.97	0.42	-0.67	-0.71	0.03	-0.66
Net Debt	-0.13	-0.82	0.57	-0.02	-0.17	-0.89	0.22	-0.93	-0.67	0.69		0.23	-0.36	-0.97	-0.52	0.3	-0.54	-0.97	-0.6	-0.73	-0.71	0.42	-0.56	-0.34	0.14	-0.31
Retained Earnings	0.77	-0.35	0.58	0.13	0.16	-0.47	0.57	-0.51	-0.36	0.73	0.23		0.08	-0.26	-0.2	0.42	-0.41	-0.26	-0.29	-0.52	-0.8	0.71	-0.61	-0.92	0.45	-0.76
Accounts Payable	0.22	0.5	0.23	0.25	0.65	0.4	0.07	0.3	0.66	-0.27	-0.36	0.08		0.44	0.33	-0.03	-0.19	0.44	0.77	0.47	0.17	0.15	0.34	0.14	0.47	0.25
Cash	0.01	0.86	-0.5	0.05	0.22	0.91	-0.24	0.93	0.74	-0.7	-0.97	-0.26	0.44		0.51	-0.25	0.44	1.0	0.63	0.76	0.72	-0.41	0.6	0.43	-0.09	0.36
Non Current Assets Total	0.16	0.85	-0.21	0.77	0.73	0.74	0.49	0.41	0.37	-0.73	-0.52	-0.2	0.33	0.51		0.34	0.63	0.51	0.7	0.85	0.57	0.21	0.12	0.1	0.53	0.11
Non Currrent Assets Other	0.17	0.01	0.49	0.71	0.53	-0.19	0.81	-0.49	-0.41	0.15	0.3	0.42	-0.03	-0.25	0.34		-0.07	-0.25	-0.19	-0.02	-0.33	0.78	-0.32	-0.47	0.73	-0.53
Other Assets	0.08	0.58	-0.83	0.1	-0.05	0.66	0.05	0.56	-0.02	-0.62	-0.54	-0.41	-0.19	0.44	0.63	-0.07		0.44	0.36	0.62	0.61	-0.36	0.11	0.18	-0.23	-0.04
Cash And Short Term Investments	0.01	0.86	-0.5	0.05	0.22	0.91	-0.24	0.93	0.74	-0.7	-0.97	-0.26	0.44	1.0	0.51	-0.25	0.44		0.63	0.76	0.72	-0.41	0.6	0.43	-0.09	0.36
Net Receivables	0.1	0.83	-0.25	0.34	0.6	0.77	0.05	0.61	0.72	-0.67	-0.6	-0.29	0.77	0.63	0.7	-0.19	0.36	0.63		0.83	0.59	-0.1	0.37	0.34	0.3	0.38
Good Will	-0.14	0.96	-0.47	0.41	0.5	0.95	0.01	0.77	0.65	-0.93	-0.73	-0.52	0.47	0.76	0.85	-0.02	0.62	0.76	0.83		0.86	-0.25	0.54	0.53	0.17	0.45
Common Stock Total Equity	-0.45	0.77	-0.67	0.09	0.12	0.87	-0.37	0.85	0.63	-0.97	-0.71	-0.8	0.17	0.72	0.57	-0.33	0.61	0.72	0.59	0.86		-0.61	0.75	0.8	-0.26	0.72
Non Current Liabilities Total	0.5	-0.17	0.78	0.71	0.64	-0.41	0.9	-0.68	-0.3	0.42	0.42	0.71	0.15	-0.41	0.21	0.78	-0.36	-0.41	-0.1	-0.25	-0.61		-0.6	-0.74	0.89	-0.54
Other Current Assets	-0.53	0.47	-0.4	-0.17	0.01	0.57	-0.56	0.7	0.61	-0.67	-0.56	-0.61	0.34	0.6	0.12	-0.32	0.11	0.6	0.37	0.54	0.75	-0.6		0.8	-0.32	0.74
Other Stockholder Equity	-0.81	0.41	-0.46	-0.2	-0.11	0.52	-0.69	0.61	0.58	-0.71	-0.34	-0.92	0.14	0.43	0.1	-0.47	0.18	0.43	0.34	0.53	0.8	-0.74	0.8		-0.43	0.87
Total Liab	0.36	0.23	0.67	0.89	0.92	-0.03	0.85	-0.37	0.08	0.03	0.14	0.45	0.47	-0.09	0.53	0.73	-0.23	-0.09	0.3	0.17	-0.26	0.89	-0.32	-0.43		-0.25
Property Plant And Equipment Gross	-0.63	0.34	-0.19	-0.07	0.07	0.42	-0.6	0.51	0.74	-0.66	-0.31	-0.76	0.25	0.36	0.11	-0.53	-0.04	0.36	0.38	0.45	0.72	-0.54	0.74	0.87	-0.25

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Real Matters Account Relationship Matchups

Real Matters fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	88.5M	84.2M	77.0M	72.9M	65.6M	67.9M
Total Assets	249.7M	194.3M	137.0M	128.7M	148.0M	196.5M
Short Long Term Debt Total	7.9M	8.0M	5.9M	4.1M	3.7M	4.7M
Other Current Liab	6.6M	4.3M	4.3M	3.2M	2.9M	2.7M
Total Current Liabilities	27.4M	27.8M	17.7M	14.2M	12.8M	18.4M
Total Stockholder Equity	209.0M	159.4M	114.9M	111.6M	128.3M	156.7M
Other Liab	4.3M	6.8M	3.5M	651K	585.9K	556.6K
Net Tangible Assets	100.1M	140.6M	92.7M	66.7M	76.7M	82.0M
Property Plant And Equipment Net	11.4M	11.1M	7.0M	3.8M	4.4M	6.1M
Net Debt	(121.3M)	(52.2M)	(40.3M)	(38.2M)	(34.4M)	(36.1M)
Retained Earnings	(51.5M)	(94.2M)	(114.8M)	(121.0M)	(108.9M)	(114.3M)
Accounts Payable	19.5M	21.8M	11.9M	9.4M	10.8M	16.1M
Cash	129.2M	60.2M	46.1M	42.3M	48.7M	65.7M
Non Current Assets Total	88.1M	85.3M	67.3M	67.4M	60.7M	71.4M
Non Currrent Assets Other	34K	(77.8M)	(55.1M)	813K	731.7K	771.3K
Other Assets	19.5M	8.4M	7.5M	12.1M	10.9M	10.6M
Cash And Short Term Investments	129.2M	60.2M	46.1M	42.3M	48.7M	65.7M
Net Receivables	30.7M	46.3M	21.0M	15.5M	17.8M	30.5M
Liabilities And Stockholders Equity	249.7M	194.3M	137.0M	128.7M	148.0M	196.5M
Non Current Liabilities Total	6.8M	10.1M	7.0M	2.9M	2.6M	2.5M
Other Current Assets	5.1M	4.0M	2.6M	4.8M	5.5M	3.3M
Other Stockholder Equity	7.7M	12.2M	13.3M	13.8M	15.9M	16.7M
Total Liab	37.5M	34.8M	22.0M	17.2M	15.4M	27.4M
Property Plant And Equipment Gross	11.4M	20.9M	17.8M	14.8M	17.0M	10.0M
Total Current Assets	161.6M	109.1M	69.7M	61.3M	70.5M	98.4M
Accumulated Other Comprehensive Income	(9.8M)	(5.0M)	(11.0M)	(9.8M)	(8.8M)	(9.2M)
Short Term Debt	1.3M	1.7M	1.5M	1.7M	1.9M	1.2M
Intangible Assets	7.9M	6.2M	5.0M	4.0M	3.6M	3.4M
Common Stock	262.7M	246.4M	227.3M	228.4M	262.7M	244.8M
Property Plant Equipment	3.6M	11.4M	11.1M	7.0M	8.0M	6.4M
Long Term Debt Total	0.0	6.6M	6.3M	4.3M	3.9M	3.7M
Capital Surpluse	6.4M	7.7M	12.2M	13.6M	15.7M	16.5M
Capital Lease Obligations	7.9M	8.0M	5.9M	4.1M	4.7M	3.8M
Net Invested Capital	209.0M	159.4M	114.9M	111.6M	100.4M	129.0M

Pair Trading with Real Matters

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Real Matters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Real Matters will appreciate offsetting losses from the drop in the long position's value.

Moving against Real Stock

0.67	JPM	JPMorgan Chase	Pair Corr
0.55	BOFA	Bank of America	Pair Corr
0.46	TD-PFI	Toronto Dominion Bank	Pair Corr
0.39	GOOG	Alphabet CDR	Pair Corr
0.35	NVDA	NVIDIA CDR	Pair Corr

The ability to find closely correlated positions to Real Matters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Real Matters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Real Matters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Real Matters to buy it.

The correlation of Real Matters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Real Matters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Real Matters moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Real Matters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Real Stock

Balance Sheet is a snapshot of the financial position of Real Matters at a specified time, usually calculated after every quarter, six months, or one year. Real Matters Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Real Matters and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Real currently owns. An asset can also be divided into two categories, current and non-current.

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Real Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Real Matters fundamental ratios Correlations

Real Matters Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Real Matters fundamental ratios Accounts

Pair Trading with Real Matters

Moving against Real Stock

Other Information on Investing in Real Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.97	Total Assets
Good Will	+ 0.96	Total Assets
Good Will	+ 0.95	Total Stockholder Equity
Cash	+ 0.93	Net Tangible Assets
Cash And Short Term Investments	+ 0.93	Net Tangible Assets

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Common Stock Total Equity	- 0.97	Current Deferred Revenue
Good Will	- 0.93	Current Deferred Revenue
Net Debt	- 0.93	Net Tangible Assets
Other Stockholder Equity	- 0.92	Retained Earnings