| CEADW Stock | | | USD 0.02 0 28.21% |
CEA Industries financial indicator trend analysis is way more than just evaluating CEA Industries Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEA Industries Warrant is a good investment. Please check the relationship between CEA Industries Income Before Tax and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CEA Industries Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CEA Stock please use our
How to Invest in CEA Industries guide.
Income Before Tax vs Net Income
Income Before Tax vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CEA Industries Warrant Income Before Tax account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between CEA Industries' Income Before Tax and Net Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of CEA Industries Warrant, assuming nothing else is changed. The correlation between historical values of CEA Industries' Income Before Tax 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 Income Before Tax of CEA Industries Warrant 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 Income Before Tax i.e., CEA Industries' Income Before Tax and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
| 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 CEA Industries income statement and is an important metric when analyzing CEA Industries Warrant 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CEA Industries Warrant financial statement analysis. It represents the amount of money remaining after all of CEA Industries Warrant operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CEA Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEA Industries Warrant 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 CEA Industries Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CEA Stock please use our
How to Invest in CEA Industries guide.At this time, CEA Industries'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 2.87 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.43 in 2024.
CEA Industries fundamental ratios Correlations
Click cells to compare fundamentals
CEA Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CEA Industries fundamental ratios Accounts
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Additional Tools for CEA Stock Analysis
When running CEA Industries' price analysis, check to
measure CEA Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CEA Industries is operating at the current time. Most of CEA Industries' value examination focuses on studying past and present price action to
predict the probability of CEA Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEA Industries' price. Additionally, you may evaluate how the addition of CEA Industries to your portfolios can decrease your overall portfolio volatility.