Yotta Interest Income vs Depreciation And Amortization Analysis
| YOTAW Stock | USD 0.05 0 3.85% |
Yotta Acquisition financial indicator trend analysis is more than just analyzing Yotta Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yotta Acquisition is a good investment. Please check the relationship between Yotta Acquisition Interest Income and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta 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 nation. For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.
Interest Income vs Depreciation And Amortization
Interest Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yotta Acquisition's Interest Income and Depreciation And Amortization is -0.1. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Yotta Acquisition, assuming nothing else is changed. The correlation between historical values of Yotta Acquisition's Interest 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 Interest Income of Yotta Acquisition 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 Interest Income i.e., Yotta Acquisition's Interest Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 Yotta Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yotta Acquisition 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta 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 nation. For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.Selling General Administrative is likely to climb to about 1.6 B in 2024, whereas Tax Provision is likely to drop slightly above 531.5 K in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 11.8K | 1.2M | 1.5M | 1.0M | EBITDA | 2.4K | 1.7B | 1.9M | 1.8M |
Yotta Acquisition fundamental ratios Correlations
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Yotta Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Yotta Acquisition's price analysis, check to measure Yotta 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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta 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 Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.