Tat Gross Profit Margin vs Pretax Profit Margin Analysis

TATT Stock  USD 22.01  0.35  1.57%   
Tat Techno financial indicator trend analysis is much more than just breaking down Tat Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tat Techno is a good investment. Please check the relationship between Tat Techno Gross Profit Margin and its Pretax Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.

Gross Profit Margin vs Pretax Profit Margin

Gross Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tat Techno Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tat Techno's Gross Profit Margin and Pretax Profit Margin is 0.83. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Tat Techno, assuming nothing else is changed. The correlation between historical values of Tat Techno's Gross Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Tat Techno are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., Tat Techno's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit Margin

Pretax Profit Margin

Most indicators from Tat Techno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tat Techno 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 Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.At this time, Tat Techno's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit11.3M15.9M22.5M11.9M
Total Revenue78.0M84.6M113.8M119.5M

Tat Techno fundamental ratios Correlations

0.950.180.280.390.980.35-0.230.730.710.430.630.630.770.990.290.720.310.990.350.10.960.210.990.170.73
0.950.350.390.520.930.48-0.020.60.610.560.540.490.730.970.450.750.420.980.50.260.940.340.960.330.78
0.180.350.510.90.060.930.84-0.38-0.170.94-0.14-0.32-0.050.270.930.710.850.240.950.90.080.890.280.820.36
0.280.390.510.680.180.530.48-0.120.040.590.160.030.270.330.650.470.490.310.690.520.290.350.340.510.33
0.390.520.90.680.290.940.66-0.140.070.960.11-0.070.170.480.850.860.840.450.980.920.320.870.490.830.52
0.980.930.060.180.290.22-0.360.840.760.310.710.70.830.970.150.640.20.970.240.030.990.150.970.130.67
0.350.480.930.530.940.220.75-0.24-0.10.98-0.13-0.280.060.420.890.850.860.40.950.860.220.830.440.70.62
-0.23-0.020.840.480.66-0.360.75-0.75-0.630.7-0.5-0.69-0.39-0.150.810.330.73-0.150.740.72-0.330.61-0.140.570.12
0.730.6-0.38-0.12-0.140.84-0.24-0.750.8-0.150.780.820.830.69-0.310.26-0.240.68-0.21-0.320.81-0.180.69-0.120.31
0.710.61-0.170.040.070.76-0.1-0.630.80.010.690.90.650.69-0.120.33-0.210.670.0-0.130.78-0.010.680.10.34
0.430.560.940.590.960.310.980.7-0.150.010.01-0.160.180.50.910.880.860.480.980.870.310.860.520.780.6
0.630.54-0.140.160.110.71-0.13-0.50.780.690.010.80.790.65-0.130.320.080.610.030.00.750.130.640.210.04
0.630.49-0.320.03-0.070.7-0.28-0.690.820.9-0.160.80.590.6-0.250.18-0.220.58-0.14-0.250.74-0.150.6-0.030.12
0.770.73-0.050.270.170.830.06-0.390.830.650.180.790.590.760.080.470.080.750.14-0.020.840.080.760.210.38
0.990.970.270.330.480.970.42-0.150.690.690.50.650.60.760.350.770.41.00.440.220.970.321.00.270.73
0.290.450.930.650.850.150.890.81-0.31-0.120.91-0.13-0.250.080.350.70.790.340.930.740.190.710.370.720.46
0.720.750.710.470.860.640.850.330.260.330.880.320.180.470.770.70.760.740.830.710.620.730.790.610.73
0.310.420.850.490.840.20.860.73-0.24-0.210.860.08-0.220.080.40.790.760.370.860.820.210.80.410.630.38
0.990.980.240.310.450.970.4-0.150.680.670.480.610.580.751.00.340.740.370.410.180.960.280.990.230.75
0.350.50.950.690.980.240.950.74-0.210.00.980.03-0.140.140.440.930.830.860.410.90.280.850.450.830.5
0.10.260.90.520.920.030.860.72-0.32-0.130.870.0-0.25-0.020.220.740.710.820.180.90.060.920.230.850.28
0.960.940.080.290.320.990.22-0.330.810.780.310.750.740.840.970.190.620.210.960.280.060.150.960.180.63
0.210.340.890.350.870.150.830.61-0.18-0.010.860.13-0.150.080.320.710.730.80.280.850.920.150.320.890.25
0.990.960.280.340.490.970.44-0.140.690.680.520.640.60.761.00.370.790.410.990.450.230.960.320.280.73
0.170.330.820.510.830.130.70.57-0.120.10.780.21-0.030.210.270.720.610.630.230.830.850.180.890.280.11
0.730.780.360.330.520.670.620.120.310.340.60.040.120.380.730.460.730.380.750.50.280.630.250.730.11
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Tat Techno Account Relationship Matchups

Tat Techno fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.9M8.9M8.9M8.9M9.1M6.4M
Total Assets114.7M116.1M110.8M126.7M147.2M75.0M
Other Current Liab6.9M5.6M5.9M7.1M8.7M9.1M
Total Current Liabilities20.7M25.2M24.6M29.0M39.3M41.3M
Total Stockholder Equity85.4M80.3M76.8M75.6M90.7M53.9M
Property Plant And Equipment Net27.7M32.5M33.6M45.9M45.3M47.6M
Net Debt(8.9M)(8.8M)3.0M22.1M13.3M14.0M
Retained Earnings19.1M13.7M10.2M8.6M13.3M7.5M
Cash16.0M24.1M12.9M7.7M16.6M12.9M
Non Current Assets Total31.0M36.7M38.9M51.5M52.9M55.5M
Non Currrent Assets Other1.4M1.4M1.5M1.1M2.6M2.1M
Cash And Short Term Investments16.0M24.1M12.9M7.7M16.6M14.7M
Net Receivables21.2M11.4M13.9M15.6M20.0M13.7M
Liabilities And Stockholders Equity114.7M116.1M110.8M126.7M147.2M75.0M
Non Current Liabilities Total8.6M10.7M9.5M22.1M15.6M16.4M
Inventory43.9M41.2M41.0M45.8M51.3M53.8M
Other Current Assets2.6M2.7M4.2M6.0M6.4M6.7M
Other Stockholder Equity63.5M63.6M63.8M64.2M74.2M44.7M
Total Liab29.3M35.8M34.0M51.1M56.5M59.4M
Property Plant And Equipment Gross27.7M32.5M33.6M45.9M104.7M110.0M
Total Current Assets83.6M79.4M72.0M75.2M94.3M54.9M
Accumulated Other Comprehensive Income26K128K33K(26K)27K28.4K
Short Term Debt1.3M6.1M7.9M8.9M15.4M16.1M
Current Deferred Revenue513K1.3M1.7M2.8M5.2M5.5M
Accounts Payable12.0M12.2M9.1M10.2M10.0M5.6M
Intangible Assets777K1.5M1.8M1.6M1.8M1.4M
Other Liab2.9M1.4M1.5M1.1M1.0M981.5K
Other Assets1.6M1.9M2.8M2.3M2.1M2.9M
Property Plant Equipment27.7M32.5M33.6M45.9M52.8M55.4M
Net Tangible Assets83.4M84.6M78.8M75.0M67.5M67.4M
Long Term Investments956K771K695K1.7M2.2M2.3M

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