Alkemy Net Income vs Total Operating Expenses Analysis
ALK Stock | 130.00 5.00 4.00% |
Alkemy Capital financial indicator trend analysis is way more than just evaluating Alkemy Capital Inves prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkemy Capital Inves is a good investment. Please check the relationship between Alkemy Capital Net Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkemy Capital Investments. 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.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkemy Capital Inves Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Alkemy Capital's Net Income and Total Operating Expenses is -0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Alkemy Capital Investments, assuming nothing else is changed. The correlation between historical values of Alkemy Capital's Net Income and Total Operating Expenses 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 Alkemy Capital Investments are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Alkemy Capital's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Alkemy Capital Inves financial statement analysis. It represents the amount of money remaining after all of Alkemy Capital Investments operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Alkemy Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkemy Capital Inves 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 Alkemy Capital Investments. 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. The current year's Tax Provision is expected to grow to about (308.8 K). In addition to that, Selling General Administrative is expected to decline to about 805.3 K
2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 797.7K | 2.6M | 1.5M | 1.8M | Cost Of Revenue | 330.75 | 1.3K | 634.3K | 666.0K |
Alkemy Capital fundamental ratios Correlations
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Alkemy Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alkemy Stock
Balance Sheet is a snapshot of the financial position of Alkemy Capital Inves at a specified time, usually calculated after every quarter, six months, or one year. Alkemy Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alkemy Capital 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 Alkemy currently owns. An asset can also be divided into two categories, current and non-current.