Montana Depreciation vs Net Income Analysis
| AIRJ Stock | 9.52 0.22 2.37% |
Montana Technologies financial indicator trend analysis is infinitely more than just investigating Montana Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montana Technologies is a good investment. Please check the relationship between Montana Technologies Depreciation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Montana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Montana Stock please use our How to buy in Montana Stock guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montana Technologies Depreciation account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Montana Technologies' Depreciation and Net Income is 0.78. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Montana Technologies, assuming nothing else is changed. The correlation between historical values of Montana Technologies' Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Montana Technologies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Montana Technologies' Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Montana Technologies value has been used up. For tax purposes Montana Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Montana Technologies 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Montana Technologies financial statement analysis. It represents the amount of money remaining after all of Montana Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Montana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montana Technologies 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 Montana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Montana Stock please use our How to buy in Montana Stock guide.At this time, Montana Technologies' Enterprise Value Over EBITDA is relatively stable compared to the past year. Enterprise Value Multiple is expected to hike to 97.27 this year, although the value of Selling General Administrative will most likely fall to nearly 781.2 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 509.0 | 24.3K | 28.0K | 29.4K | Total Operating Expenses | 2.3M | 2.8M | 6.3M | 4.2M |
Montana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Montana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Montana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Montana Stock please use our How to buy in Montana Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montana Technologies. If investors know Montana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montana Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Return On Assets (0.04) | Return On Equity 1.6185 |
The market value of Montana Technologies is measured differently than its book value, which is the value of Montana that is recorded on the company's balance sheet. Investors also form their own opinion of Montana Technologies' value that differs from its market value or its book value, called intrinsic value, which is Montana Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montana Technologies' market value can be influenced by many factors that don't directly affect Montana Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montana Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montana Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montana Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.