DYCL Stock | | | 973.80 17.75 1.79% |
Dynamic Cables financial indicator trend analysis is much more than just examining Dynamic Cables latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamic Cables is a good investment. Please check the relationship between Dynamic Cables Ebitda and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamic Cables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dynamic Cables Ebitda account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dynamic Cables' Ebitda and Operating Income is 0.91. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Dynamic Cables Limited, assuming nothing else is changed. The correlation between historical values of Dynamic Cables' Ebitda 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 Ebitda of Dynamic Cables Limited 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 Ebitda i.e., Dynamic Cables' Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Dynamic Cables 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 Dynamic Cables Limited 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 Dynamic Cables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamic Cables 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamic Cables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 74.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 104.2
M in 2024.
Dynamic Cables fundamental ratios Correlations
Click cells to compare fundamentals
Dynamic Cables Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynamic Cables fundamental ratios Accounts
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Additional Tools for Dynamic Stock Analysis
When running Dynamic Cables' price analysis, check to
measure Dynamic Cables' 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 Dynamic Cables is operating at the current time. Most of Dynamic Cables' value examination focuses on studying past and present price action to
predict the probability of Dynamic Cables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynamic Cables' price. Additionally, you may evaluate how the addition of Dynamic Cables to your portfolios can decrease your overall portfolio volatility.