Nexters Operating Income vs Net 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 Operating Income and its Net 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexters Warrant Operating Income account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Nexters Warrant's Operating Income and Net Income is 0.06. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net 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 Operating Income and Net 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 Operating Income of Nexters Warrant are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Nexters Warrant's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Nexters Warrant 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 Nexters Warrant 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Nexters Warrant financial statement analysis. It represents the amount of money remaining after all of Nexters Warrant operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.