Alpha Income Before Tax vs Operating Income Analysis
| ALSAW Stock | USD 0.01 0.01 48.65% |
Alpha Star financial indicator trend analysis is way more than just evaluating Alpha Star Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Star Acquisition is a good investment. Please check the relationship between Alpha Star Income Before Tax and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Star Acquisition Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Alpha Star's Income Before Tax and Operating Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Alpha Star Acquisition, assuming nothing else is changed. The correlation between historical values of Alpha Star's Income Before Tax and Operating 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 Income Before Tax of Alpha Star Acquisition are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Alpha Star's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Alpha Star income statement and is an important metric when analyzing Alpha Star Acquisition profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Operating Income
Operating Income is the amount of profit realized from Alpha Star Acquisition 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 Alpha Star Acquisition 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.Most indicators from Alpha Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Star 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 Trending Equities to better understand how to build diversified portfolios. 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. Enterprise Value Over EBITDA is likely to drop to 28.03 in 2024. Enterprise Value Multiple is likely to drop to 28.03 in 2024
| 2010 | 2022 | 2024 (projected) | Other Operating Expenses | 53.3K | 587.6K | 450.4K | Interest Expense | 105.8K | 2.1M | 100.5K |
Alpha Star fundamental ratios Correlations
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Alpha Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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