Technology Income Before Tax vs Depreciation And Amortization Analysis
| TETEU Stock | USD 12.15 0.05 0.41% |
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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 Technology Telecommunicatio Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between Technology Telecommunicatio's Income Before Tax and Depreciation And Amortization is 0.33. 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 Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio'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 Technology Telecommunication Acquisition 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., Technology Telecommunicatio's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.33 |
| 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 Technology Telecommunicatio income statement and is an important metric when analyzing Technology Telecommunicatio 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 Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 501.0K | 1.8M | 2.1M | 2.2M | Depreciation And Amortization | 500.95 | 2.0M | 2.3M | 2.4M |
Technology Telecommunicatio fundamental ratios Correlations
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Technology Telecommunicatio Account Relationship Matchups
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