TLGY Net Income vs Other Operating Expenses Analysis
TLGYU Stock | USD 11.55 0.00 0.00% |
TLGY Acquisition financial indicator trend analysis is much more than just breaking down TLGY Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TLGY Acquisition Corp is a good investment. Please check the relationship between TLGY Acquisition Net Income and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TLGY Acquisition 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 manufacturing.
Net Income vs Other Operating Expenses
Net Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TLGY Acquisition Corp Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TLGY Acquisition's Net Income and Other Operating Expenses is 0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of TLGY Acquisition Corp, assuming nothing else is changed. The correlation between historical values of TLGY Acquisition's Net Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of TLGY Acquisition Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., TLGY Acquisition's Net Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in TLGY Acquisition Corp financial statement analysis. It represents the amount of money remaining after all of TLGY Acquisition Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TLGY Acquisition Corp. It is also known as TLGY Acquisition 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.Most indicators from TLGY Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TLGY Acquisition 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 TLGY Acquisition 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 manufacturing. Selling General Administrative is likely to drop to about 1.4 M in 2024. Enterprise Value Over EBITDA is likely to drop to 25.00 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Income Before Tax | 2.2M | 11.6M | 4.7M | 6.8M | Total Operating Expenses | 831.4K | 1.4M | 1.7M | 1.4M |
TLGY Acquisition fundamental ratios Correlations
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TLGY Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for TLGY Stock Analysis
When running TLGY Acquisition's price analysis, check to measure TLGY Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TLGY Acquisition is operating at the current time. Most of TLGY Acquisition's value examination focuses on studying past and present price action to predict the probability of TLGY Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TLGY Acquisition's price. Additionally, you may evaluate how the addition of TLGY Acquisition to your portfolios can decrease your overall portfolio volatility.