| EFID Stock | | | 2.00 0.00 0.00% |
Edita Food financial indicator trend analysis is much more than just examining Edita Food Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edita Food Industries is a good investment. Please check the relationship between Edita Food Income Before Tax and its Selling General Administrative accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edita Food Industries. 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.
Income Before Tax vs Selling General Administrative
Income Before Tax vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Edita Food Industries Income Before Tax account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Edita Food's Income Before Tax and Selling General Administrative is 0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Edita Food Industries, assuming nothing else is changed. The correlation between historical values of Edita Food's Income Before Tax and Selling General Administrative 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 Edita Food Industries are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Edita Food's Income Before Tax and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.97 |
| 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 Edita Food income statement and is an important metric when analyzing Edita Food Industries 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.
Selling General Administrative
Most indicators from Edita Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edita Food Industries 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 Edita Food Industries. 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 932
M in 2025.
Tax Provision is likely to gain to about 656.9
M in 2025
Edita Food fundamental ratios Correlations
Click cells to compare fundamentals
Edita Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edita Food fundamental ratios Accounts
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Additional Tools for Edita Stock Analysis
When running Edita Food's price analysis, check to
measure Edita Food's 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 Edita Food is operating at the current time. Most of Edita Food's value examination focuses on studying past and present price action to
predict the probability of Edita Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edita Food's price. Additionally, you may evaluate how the addition of Edita Food to your portfolios can decrease your overall portfolio volatility.