002035 Stock | | | 7.40 0.14 1.86% |
Vatti Corp financial indicator trend analysis is much more than just breaking down Vatti Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vatti Corp is a good investment. Please check the relationship between Vatti Corp Net Income and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vatti 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 nation.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vatti Corp Net Income account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vatti Corp's Net Income and Depreciation is -0.14. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Vatti Corp, assuming nothing else is changed. The correlation between historical values of Vatti Corp's Net Income and Depreciation 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 Vatti Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Vatti Corp's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Vatti Corp financial statement analysis. It represents the amount of money remaining after all of Vatti Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation
Depreciation indicates how much of Vatti Corp value has been used up. For tax purposes Vatti Corp can deduct the cost of the tangible assets it purchases as business expenses. However, Vatti Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Vatti Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vatti 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vatti 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 nation.
As of December 24, 2024,
Selling General Administrative is expected to decline to about 995.3
M. In addition to that,
Tax Provision is expected to decline to about 46
MVatti Corp fundamental ratios Correlations
Click cells to compare fundamentals
Vatti Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vatti Corp fundamental ratios Accounts
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Other Information on Investing in Vatti Stock
Balance Sheet is a snapshot of the
financial position of Vatti Corp at a specified time, usually calculated after every quarter, six months, or one year. Vatti Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vatti Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vatti currently owns. An asset can also be divided into two categories, current and non-current.