| TLA Stock | | | CAD 0.74 0.02 2.78% |
Titan Logix financial indicator trend analysis is much more than just breaking down Titan Logix Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Logix Corp is a good investment. Please check the relationship between Titan Logix 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 Titan Logix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
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
Titan Logix Corp Total Revenue account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Titan Logix's Total Revenue and Net Income is 0.83. 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 Titan Logix Corp, assuming nothing else is changed. The correlation between historical values of Titan Logix'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 Titan Logix Corp 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., Titan Logix's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Titan Logix Corp 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 Titan Logix Corp financial statement analysis. It represents the amount of money remaining after all of Titan Logix Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Titan Logix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Logix Corp 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 Titan Logix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Titan Logix's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas
Enterprise Value is likely to drop slightly above 4.5
M in 2024.
Titan Logix fundamental ratios Correlations
Click cells to compare fundamentals
Titan Logix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan Logix fundamental ratios Accounts
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Additional Tools for Titan Stock Analysis
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