Sidus Total Revenue vs Net Income Analysis
SIDU Stock | USD 1.38 0.04 2.82% |
Sidus Space financial indicator trend analysis is much more than just breaking down Sidus Space prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sidus Space is a good investment. Please check the relationship between Sidus Space Total Revenue and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sidus Space. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Sidus Stock please use our How to Invest in Sidus Space guide.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sidus Space Total Revenue account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Sidus Space's Total Revenue and Net Income is -0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Sidus Space, assuming nothing else is changed. The correlation between historical values of Sidus Space's Total Revenue and Net 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 Total Revenue of Sidus Space are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Sidus Space's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Sidus Space generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sidus Space financial statement analysis. It represents the amount of money remaining after all of Sidus Space operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Sidus Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sidus Space 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 Sidus Space. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Sidus Stock please use our How to Invest in Sidus Space guide.Selling General Administrative is likely to drop to about 7.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 9.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 97.0K | 781.4K | 747.4K | 784.8K | Depreciation And Amortization | 395.0K | 326.7K | 217.1K | 301.3K |
Sidus Space fundamental ratios Correlations
Click cells to compare fundamentals
Sidus Space Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Sidus Stock Analysis
When running Sidus Space's price analysis, check to measure Sidus Space'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 Sidus Space is operating at the current time. Most of Sidus Space's value examination focuses on studying past and present price action to predict the probability of Sidus Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sidus Space's price. Additionally, you may evaluate how the addition of Sidus Space to your portfolios can decrease your overall portfolio volatility.