ULS Operating Income vs Ebitda Analysis
| ULS Stock | 54.04 0.92 1.73% |
UL Solutions financial indicator trend analysis is much more than just breaking down UL Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UL Solutions is a good investment. Please check the relationship between UL Solutions Operating Income and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.
Operating Income vs Ebitda
Operating Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Operating Income account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between UL Solutions' Operating Income and Ebitda is 0.64. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of UL Solutions, assuming nothing else is changed. The correlation between historical values of UL Solutions' Operating Income and Ebitda 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 UL Solutions are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., UL Solutions' Operating Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from UL Solutions 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 UL Solutions 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.Ebitda
Most indicators from UL Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UL Solutions 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 UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.At this time, UL Solutions' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.01 in 2024, whereas Tax Provision is likely to drop slightly above 66 M in 2024.
| 2022 | 2023 | 2024 (projected) | Interest Expense | 17M | 35M | 36.8M | Depreciation And Amortization | 135M | 154M | 159.0M |
UL Solutions fundamental ratios Correlations
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UL Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for ULS Stock Analysis
When running UL Solutions' price analysis, check to measure UL Solutions' 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 UL Solutions is operating at the current time. Most of UL Solutions' value examination focuses on studying past and present price action to predict the probability of UL Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UL Solutions' price. Additionally, you may evaluate how the addition of UL Solutions to your portfolios can decrease your overall portfolio volatility.