FCSSOFT Stock | | | 3.46 0.02 0.57% |
FCS Software financial indicator trend analysis is much more than just examining FCS Software Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FCS Software Solutions is a good investment. Please check the relationship between FCS Software Reconciled Depreciation and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Reconciled Depreciation vs Operating Income
Reconciled Depreciation vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FCS Software Solutions Reconciled Depreciation account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between FCS Software's Reconciled Depreciation and Operating Income is -0.79. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income in the same time period over historical financial statements of FCS Software Solutions, assuming nothing else is changed. The correlation between historical values of FCS Software's Reconciled Depreciation 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 Reconciled Depreciation of FCS Software Solutions 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 Reconciled Depreciation i.e., FCS Software's Reconciled Depreciation and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Reconciled Depreciation
Operating Income
Operating Income is the amount of profit realized from FCS Software Solutions 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 FCS Software Solutions 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 FCS Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FCS Software Solutions 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 FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 14.6
M in 2024.
Tax Provision is likely to gain to about (428.4
K) in 2024
FCS Software fundamental ratios Correlations
Click cells to compare fundamentals
FCS Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FCS Software fundamental ratios Accounts
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Additional Tools for FCS Stock Analysis
When running FCS Software's price analysis, check to
measure FCS Software'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 FCS Software is operating at the current time. Most of FCS Software's value examination focuses on studying past and present price action to
predict the probability of FCS Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FCS Software's price. Additionally, you may evaluate how the addition of FCS Software to your portfolios can decrease your overall portfolio volatility.