RLF AgTech financial indicator trend analysis is much more than just breaking down RLF AgTech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLF AgTech is a good investment. Please check the relationship between RLF AgTech Selling And Marketing Expenses and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLF AgTech. 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.
Selling And Marketing Expenses vs Operating Income
Selling And Marketing Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
RLF AgTech Selling And Marketing Expenses account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between RLF AgTech's Selling And Marketing Expenses and Operating Income is -0.86. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of RLF AgTech, assuming nothing else is changed. The correlation between historical values of RLF AgTech's Selling And Marketing Expenses 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 Selling And Marketing Expenses of RLF AgTech 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 Selling And Marketing Expenses i.e., RLF AgTech's Selling And Marketing Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Selling And Marketing Expenses
Operating Income
Operating Income is the amount of profit realized from RLF AgTech 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 RLF AgTech 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 RLF AgTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLF AgTech 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 RLF AgTech. 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.
Tax Provision is likely to gain to about 169.1
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 4
M in 2024.
RLF AgTech fundamental ratios Correlations
Click cells to compare fundamentals
RLF AgTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RLF AgTech fundamental ratios Accounts
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Additional Tools for RLF Stock Analysis
When running RLF AgTech's price analysis, check to
measure RLF AgTech'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 RLF AgTech is operating at the current time. Most of RLF AgTech's value examination focuses on studying past and present price action to
predict the probability of RLF AgTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLF AgTech's price. Additionally, you may evaluate how the addition of RLF AgTech to your portfolios can decrease your overall portfolio volatility.