Stardust Depreciation And Amortization vs Operating Income Analysis

SDST Stock   6.79  0.12  1.74%   
Stardust Power financial indicator trend analysis is much more than just breaking down Stardust Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stardust Power is a good investment. Please check the relationship between Stardust Power Depreciation And Amortization and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stardust Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Stardust Stock please use our How to Invest in Stardust Power guide.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stardust Power Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stardust Power's Depreciation And Amortization and Operating Income is 0.67. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Stardust Power, assuming nothing else is changed. The correlation between historical values of Stardust Power's Depreciation And Amortization 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 Depreciation And Amortization of Stardust Power 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 Depreciation And Amortization i.e., Stardust Power's Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from Stardust Power 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 Stardust Power 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 Stardust Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stardust Power 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stardust Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Stardust Stock please use our How to Invest in Stardust Power guide.Selling General Administrative is likely to drop to about 2.1 M in 2024. Enterprise Value Over EBITDA is likely to drop to -33.35 in 2024

Stardust Power fundamental ratios Correlations

0.90.990.961.0-0.29-0.750.741.00.680.740.010.680.780.730.90.990.36-0.42-0.40.01-0.010.01
0.90.950.960.93-0.2-0.410.730.90.310.730.440.310.460.721.00.95-0.03-0.05-0.020.42-0.420.41
0.990.950.991.0-0.22-0.640.720.990.570.720.160.570.680.710.951.00.26-0.33-0.30.15-0.150.15
0.960.960.990.98-0.08-0.560.620.970.510.620.210.510.60.610.950.980.25-0.33-0.30.2-0.20.2
1.00.931.00.98-0.25-0.710.731.00.640.730.070.640.740.720.921.00.33-0.39-0.370.07-0.060.06
-0.29-0.2-0.22-0.08-0.250.52-0.82-0.28-0.31-0.820.15-0.31-0.55-0.82-0.19-0.260.15-0.2-0.180.15-0.150.14
-0.75-0.41-0.64-0.56-0.710.52-0.61-0.75-0.97-0.610.62-0.97-1.0-0.61-0.4-0.65-0.710.70.710.59-0.580.59
0.740.730.720.620.73-0.82-0.610.730.411.00.150.410.661.00.730.75-0.110.10.110.14-0.140.14
1.00.90.990.971.0-0.28-0.750.730.680.730.010.680.780.730.90.990.37-0.42-0.40.01-0.010.01
0.680.310.570.510.64-0.31-0.970.410.680.41-0.721.00.950.410.30.570.86-0.85-0.86-0.690.68-0.69
0.740.730.720.620.73-0.82-0.611.00.730.410.150.410.661.00.730.75-0.110.10.110.14-0.140.14
0.010.440.160.210.070.150.620.150.01-0.720.15-0.72-0.560.140.450.15-0.830.770.80.95-0.950.94
0.680.310.570.510.64-0.31-0.970.410.681.00.41-0.720.950.410.30.570.86-0.85-0.86-0.690.68-0.68
0.780.460.680.60.74-0.55-1.00.660.780.950.66-0.560.950.660.460.690.66-0.66-0.66-0.520.55-0.51
0.730.720.710.610.72-0.82-0.611.00.730.411.00.140.410.660.720.74-0.110.10.110.13-0.130.13
0.91.00.950.950.92-0.19-0.40.730.90.30.730.450.30.460.720.95-0.04-0.04-0.010.42-0.430.42
0.990.951.00.981.0-0.26-0.650.750.990.570.750.150.570.690.740.950.24-0.31-0.290.15-0.150.14
0.36-0.030.260.250.330.15-0.71-0.110.370.86-0.11-0.830.860.66-0.11-0.040.24-0.99-1.0-0.80.79-0.79
-0.42-0.05-0.33-0.33-0.39-0.20.70.1-0.42-0.850.10.77-0.85-0.660.1-0.04-0.31-0.991.00.71-0.750.71
-0.4-0.02-0.3-0.3-0.37-0.180.710.11-0.4-0.860.110.8-0.86-0.660.11-0.01-0.29-1.01.00.75-0.760.75
0.010.420.150.20.070.150.590.140.01-0.690.140.95-0.69-0.520.130.420.15-0.80.710.75-0.81.0
-0.01-0.42-0.15-0.2-0.06-0.15-0.58-0.14-0.010.68-0.14-0.950.680.55-0.13-0.43-0.150.79-0.75-0.76-0.8-0.8
0.010.410.150.20.060.140.590.140.01-0.690.140.94-0.68-0.510.130.420.14-0.790.710.751.0-0.8
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Stardust Power Account Relationship Matchups

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Additional Tools for Stardust Stock Analysis

When running Stardust Power's price analysis, check to measure Stardust Power'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 Stardust Power is operating at the current time. Most of Stardust Power's value examination focuses on studying past and present price action to predict the probability of Stardust Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stardust Power's price. Additionally, you may evaluate how the addition of Stardust Power to your portfolios can decrease your overall portfolio volatility.