Technology Other Operating Expenses vs Net Income 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 Other Operating Expenses and its Net Income 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Technology Telecommunicatio's Other Operating Expenses and Net Income is 0.16. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Other Operating Expenses 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 Other Operating Expenses of Technology Telecommunication Acquisition 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 Other Operating Expenses i.e., Technology Telecommunicatio's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Technology Telecommunicatio. It is also known as Technology Telecommunicatio overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Technology Telecommunicatio financial statement analysis. It represents the amount of money remaining after all of Technology Telecommunication Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
High Positive Relationship
High Negative Relationship
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