Nexters Income Before Tax vs Net Interest Income Analysis
| GDEVW Stock | USD 0.02 0 7.78% |
Nexters Warrant financial indicator trend analysis is infinitely more than just investigating Nexters Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexters Warrant is a good investment. Please check the relationship between Nexters Warrant Income Before Tax and its Net Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Income Before Tax vs Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexters Warrant Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nexters Warrant's Income Before Tax and Net Interest Income is -0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Nexters Warrant, assuming nothing else is changed. The correlation between historical values of Nexters Warrant's Income Before Tax and Net Interest 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 Nexters Warrant are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Nexters Warrant's Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.29 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Nexters Warrant income statement and is an important metric when analyzing Nexters 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 Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Nexters Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexters 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Nexters Warrant's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.9M | 801K | 1.5M | 2.5M | Tax Provision | 1.1M | 3.8M | 2.0M | 1.7M |
Nexters Warrant fundamental ratios Correlations
Click cells to compare fundamentals
Nexters Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nexters Stock Analysis
When running Nexters Warrant's price analysis, check to measure Nexters Warrant'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 Nexters Warrant is operating at the current time. Most of Nexters Warrant's value examination focuses on studying past and present price action to predict the probability of Nexters Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexters Warrant's price. Additionally, you may evaluate how the addition of Nexters Warrant to your portfolios can decrease your overall portfolio volatility.