Creative Other Operating Expenses vs Income Before Tax Analysis
Creative Edge financial indicator trend analysis is way more than just evaluating Creative Edge Nutrit prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Edge Nutrit is a good investment. Please check the relationship between Creative Edge Other Operating Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Creative Edge Nutrit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Edge Nutrit Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Creative Edge's Other Operating Expenses and Income Before Tax is 0.71. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Creative Edge Nutrit, assuming nothing else is changed. The correlation between historical values of Creative Edge's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Creative Edge Nutrit are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Creative Edge's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Creative Edge Nutrit. It is also known as Creative Edge overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Creative Edge income statement and is an important metric when analyzing Creative Edge Nutrit 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.Most indicators from Creative Edge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Edge Nutrit 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 Creative Edge Nutrit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Enterprise Value is likely to rise to about 15.4 M in 2024, whereas Discontinued Operations is likely to drop 4,650 in 2024.
| 2013 | 2014 | 2023 | 2024 (projected) | Gross Profit | 470.2K | 18.7K | 21.5K | 20.4K | Total Revenue | 834.6K | 92.3K | 106.1K | 100.8K |
Creative Edge fundamental ratios Correlations
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Creative Edge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Creative Edge's price analysis, check to measure Creative Edge'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 Creative Edge is operating at the current time. Most of Creative Edge's value examination focuses on studying past and present price action to predict the probability of Creative Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Edge's price. Additionally, you may evaluate how the addition of Creative Edge to your portfolios can decrease your overall portfolio volatility.