Rumble Interest Income vs Income Before Tax Analysis
| RUMBW Stock | USD 2.33 0.37 18.88% |
Rumble financial indicator trend analysis is much more than just breaking down Rumble Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rumble Inc is a good investment. Please check the relationship between Rumble Interest Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Interest Income vs Income Before Tax
Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Rumble's Interest Income and Income Before Tax is -0.99. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Rumble Inc, assuming nothing else is changed. The correlation between historical values of Rumble's Interest Income 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 Income of Rumble Inc 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 Income i.e., Rumble's Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Rumble income statement and is an important metric when analyzing Rumble Inc 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 Rumble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rumble Inc 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 Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Selling General Administrative is likely to climb to about 39 M in 2024, despite the fact that Tax Provision is likely to grow to (3.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 9.8M | 30.1M | 70.4M | 73.9M | Cost Of Revenue | 7.2M | 43.7M | 146.2M | 153.5M |
Rumble fundamental ratios Correlations
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Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Rumble's price analysis, check to measure Rumble'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 Rumble is operating at the current time. Most of Rumble's value examination focuses on studying past and present price action to predict the probability of Rumble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rumble's price. Additionally, you may evaluate how the addition of Rumble to your portfolios can decrease your overall portfolio volatility.