SRM Income Before Tax vs Depreciation And Amortization Analysis
| SRM Stock | 0.70 0.02 2.94% |
SRM Entertainment, financial indicator trend analysis is much more than just breaking down SRM Entertainment, Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SRM Entertainment, Common is a good investment. Please check the relationship between SRM Entertainment, Income Before Tax and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SRM Entertainment, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SRM Entertainment, Common Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between SRM Entertainment,'s Income Before Tax and Depreciation And Amortization is 0.35. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of SRM Entertainment, Common, assuming nothing else is changed. The correlation between historical values of SRM Entertainment,'s Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of SRM Entertainment, Common are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., SRM Entertainment,'s Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on SRM Entertainment, income statement and is an important metric when analyzing SRM Entertainment, Common 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.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.Most indicators from SRM Entertainment,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SRM Entertainment, Common 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 SRM Entertainment, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.61, while Selling General Administrative is likely to drop about 1.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 555.4K | 1.2M | 1.3M | 1.1M | Total Revenue | 2.7M | 6.1M | 5.8M | 4.8M |
SRM Entertainment, fundamental ratios Correlations
Click cells to compare fundamentals
SRM Entertainment, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SRM Entertainment,. If investors know SRM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SRM Entertainment, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 0.51 | Quarterly Revenue Growth (0.36) | Return On Assets (0.81) | Return On Equity (2.19) |
The market value of SRM Entertainment, Common is measured differently than its book value, which is the value of SRM that is recorded on the company's balance sheet. Investors also form their own opinion of SRM Entertainment,'s value that differs from its market value or its book value, called intrinsic value, which is SRM Entertainment,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SRM Entertainment,'s market value can be influenced by many factors that don't directly affect SRM Entertainment,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SRM Entertainment,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SRM Entertainment, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SRM Entertainment,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.