UI Stock | | | CAD 0.02 0.00 0.00% |
Urbanimmersive financial indicator trend analysis is much more than just breaking down Urbanimmersive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbanimmersive is a good investment. Please check the relationship between Urbanimmersive Operating Income and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Urbanimmersive. 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.
Operating Income vs Depreciation And Amortization
Operating Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanimmersive Operating Income account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Urbanimmersive's Operating Income and Depreciation And Amortization is -0.39. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Urbanimmersive, assuming nothing else is changed. The correlation between historical values of Urbanimmersive's Operating Income 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 Operating Income of Urbanimmersive 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 Operating Income i.e., Urbanimmersive's Operating Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Urbanimmersive operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Urbanimmersive is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Urbanimmersive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbanimmersive 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 Urbanimmersive. 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, Urbanimmersive's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.71 in 2024, whereas
Tax Provision is likely to drop (100.8
K) in 2024.
| 2020 | 2021 | 2023 | 2024 (projected) |
Interest Expense | 463.0K | 228.3K | 262.6K | 345.3K | Depreciation And Amortization | 729.8K | 1.3M | 1.5M | 1.5M |
Urbanimmersive fundamental ratios Correlations
Click cells to compare fundamentals
Urbanimmersive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbanimmersive fundamental ratios Accounts
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Additional Tools for Urbanimmersive Stock Analysis
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