Asset Ebit vs Depreciation And Amortization Analysis

ASST Stock

0.46 0.04 8.00%

Asset Entities financial indicator trend analysis is way more than just evaluating Asset Entities Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asset Entities Class is a good investment. Please check the relationship between Asset Entities Ebit and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asset Entities Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asset Entities Class Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Asset Entities' Ebit and Depreciation And Amortization is -0.01. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Asset Entities Class, assuming nothing else is changed. The correlation between historical values of Asset Entities' Ebit 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 Ebit of Asset Entities Class 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 Ebit i.e., Asset Entities' Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

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Ebit

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 Asset Entities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asset Entities Class 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 Asset Entities Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Asset Entities' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 8.27 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.11).

	2021	2022	2023	2024 (projected)
Gross Profit	829.6K	187.9K	276.3K	275.8K
Total Revenue	829.6K	343.1K	277.0K	422.6K

Gross Profit Total Revenue

Asset Entities fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Accounts Payable	Non Currrent Assets Other	Other Assets	Other Current Assets	Short Long Term Debt	Short Term Debt
Total Assets		0.43	0.63	1.0	0.87	-0.88	-0.99	-1.0	1.0	1.0	1.0	-0.07	1.0	0.63	1.0	1.0	0.94	1.0	0.94	0.88	0.68	-0.18	1.0	0.06	0.88	0.69
Other Current Liab	0.43		-0.42	0.47	-0.06	0.01	-0.52	-0.43	0.48	0.48	0.5	-0.93	0.45	-0.42	0.42	0.43	0.3	0.47	0.3	-0.05	-0.36	-0.96	0.46	-0.87	-0.05	-0.36
Total Current Liabilities	0.63	-0.42		0.59	0.91	-0.91	-0.55	-0.64	0.59	0.59	0.57	0.72	0.61	1.0	0.63	0.63	0.72	0.59	0.72	0.92	0.99	0.64	0.6	0.8	0.92	0.99
Total Stockholder Equity	1.0	0.47	0.59		0.85	-0.86	-1.0	-1.0	1.0	1.0	1.0	-0.12	1.0	0.59	1.0	1.0	0.93	1.0	0.93	0.85	0.65	-0.22	1.0	0.01	0.85	0.65
Net Tangible Assets	0.87	-0.06	0.91	0.85		-0.99	-0.81	-0.87	0.84	0.84	0.83	0.41	0.86	0.91	0.87	0.87	0.87	0.85	0.87	0.99	0.94	0.31	0.85	0.52	0.99	0.94
Current Deferred Revenue	-0.88	0.01	-0.91	-0.86	-0.99		0.84	0.89	-0.86	-0.86	-0.84	-0.37	-0.88	-0.91	-0.88	-0.88	-0.93	-0.86	-0.93	-0.98	-0.92	-0.26	-0.87	-0.48	-0.98	-0.92
Net Debt	-0.99	-0.52	-0.55	-1.0	-0.81	0.84		0.99	-1.0	-1.0	-1.0	0.18	-0.99	-0.55	-0.99	-0.99	-0.94	-1.0	-0.94	-0.82	-0.6	0.28	-1.0	0.05	-0.82	-0.61
Retained Earnings	-1.0	-0.43	-0.64	-1.0	-0.87	0.89	0.99		-1.0	-1.0	-1.0	0.07	-1.0	-0.64	-1.0	-1.0	-0.96	-1.0	-0.96	-0.88	-0.69	0.18	-1.0	-0.06	-0.88	-0.69
Cash	1.0	0.48	0.59	1.0	0.84	-0.86	-1.0	-1.0		1.0	1.0	-0.12	1.0	0.59	1.0	1.0	0.93	1.0	0.93	0.85	0.64	-0.23	1.0	0.01	0.85	0.65
Cash And Short Term Investments	1.0	0.48	0.59	1.0	0.84	-0.86	-1.0	-1.0	1.0		1.0	-0.12	1.0	0.59	1.0	1.0	0.93	1.0	0.93	0.85	0.64	-0.23	1.0	0.01	0.85	0.65
Common Stock Shares Outstanding	1.0	0.5	0.57	1.0	0.83	-0.84	-1.0	-1.0	1.0	1.0		-0.15	1.0	0.57	1.0	1.0	0.93	1.0	0.93	0.84	0.62	-0.25	1.0	-0.02	0.84	0.63
Non Current Liabilities Total	-0.07	-0.93	0.72	-0.12	0.41	-0.37	0.18	0.07	-0.12	-0.12	-0.15		-0.09	0.72	-0.07	-0.07	0.04	-0.12	0.04	0.41	0.68	0.99	-0.11	0.99	0.41	0.67
Other Stockholder Equity	1.0	0.45	0.61	1.0	0.86	-0.88	-0.99	-1.0	1.0	1.0	1.0	-0.09		0.61	1.0	1.0	0.94	1.0	0.94	0.87	0.67	-0.2	1.0	0.04	0.87	0.67
Total Liab	0.63	-0.42	1.0	0.59	0.91	-0.91	-0.55	-0.64	0.59	0.59	0.57	0.72	0.61		0.63	0.63	0.72	0.59	0.72	0.92	0.99	0.64	0.6	0.8	0.92	0.99
Net Invested Capital	1.0	0.42	0.63	1.0	0.87	-0.88	-0.99	-1.0	1.0	1.0	1.0	-0.07	1.0	0.63		1.0	0.94	1.0	0.94	0.88	0.69	-0.17	1.0	0.07	0.88	0.69
Total Current Assets	1.0	0.43	0.63	1.0	0.87	-0.88	-0.99	-1.0	1.0	1.0	1.0	-0.07	1.0	0.63	1.0		0.94	1.0	0.94	0.88	0.68	-0.17	1.0	0.06	0.88	0.69
Capital Stock	0.94	0.3	0.72	0.93	0.87	-0.93	-0.94	-0.96	0.93	0.93	0.93	0.04	0.94	0.72	0.94	0.94		0.93	1.0	0.88	0.74	-0.06	0.94	0.17	0.88	0.75
Net Working Capital	1.0	0.47	0.59	1.0	0.85	-0.86	-1.0	-1.0	1.0	1.0	1.0	-0.12	1.0	0.59	1.0	1.0	0.93		0.93	0.86	0.65	-0.22	1.0	0.01	0.86	0.65
Common Stock	0.94	0.3	0.72	0.93	0.87	-0.93	-0.94	-0.96	0.93	0.93	0.93	0.04	0.94	0.72	0.94	0.94	1.0	0.93		0.88	0.74	-0.06	0.94	0.17	0.88	0.75
Short Long Term Debt Total	0.88	-0.05	0.92	0.85	0.99	-0.98	-0.82	-0.88	0.85	0.85	0.84	0.41	0.87	0.92	0.88	0.88	0.88	0.86	0.88		0.95	0.31	0.86	0.53	1.0	0.95
Accounts Payable	0.68	-0.36	0.99	0.65	0.94	-0.92	-0.6	-0.69	0.64	0.64	0.62	0.68	0.67	0.99	0.69	0.68	0.74	0.65	0.74	0.95		0.6	0.65	0.77	0.95	1.0
Non Currrent Assets Other	-0.18	-0.96	0.64	-0.22	0.31	-0.26	0.28	0.18	-0.23	-0.23	-0.25	0.99	-0.2	0.64	-0.17	-0.17	-0.06	-0.22	-0.06	0.31	0.6		-0.22	0.97	0.31	0.59
Other Assets	1.0	0.46	0.6	1.0	0.85	-0.87	-1.0	-1.0	1.0	1.0	1.0	-0.11	1.0	0.6	1.0	1.0	0.94	1.0	0.94	0.86	0.65	-0.22		0.02	0.86	0.66
Other Current Assets	0.06	-0.87	0.8	0.01	0.52	-0.48	0.05	-0.06	0.01	0.01	-0.02	0.99	0.04	0.8	0.07	0.06	0.17	0.01	0.17	0.53	0.77	0.97	0.02		0.53	0.76
Short Long Term Debt	0.88	-0.05	0.92	0.85	0.99	-0.98	-0.82	-0.88	0.85	0.85	0.84	0.41	0.87	0.92	0.88	0.88	0.88	0.86	0.88	1.0	0.95	0.31	0.86	0.53		0.95
Short Term Debt	0.69	-0.36	0.99	0.65	0.94	-0.92	-0.61	-0.69	0.65	0.65	0.63	0.67	0.67	0.99	0.69	0.69	0.75	0.65	0.75	0.95	1.0	0.59	0.66	0.76	0.95

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Asset Ebit vs Depreciation And Amortization Analysis

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Ebit

Depreciation And Amortization

Asset Entities fundamental ratios Correlations

Asset Entities Account Relationship Matchups

High Positive Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets

Other Assets	- 1.0	Retained Earnings
Net Working Capital	- 1.0	Retained Earnings
Total Current Assets	- 1.0	Retained Earnings
Net Invested Capital	- 1.0	Retained Earnings
Other Stockholder Equity	- 1.0	Retained Earnings
Common Stock Shares Outstanding	- 1.0	Retained Earnings