Ikigai Selling General Administrative vs Operating Income Analysis
IKIV Stock | 46.50 0.00 0.00% |
Ikigai Ventures financial indicator trend analysis is infinitely more than just investigating Ikigai Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ikigai Ventures is a good investment. Please check the relationship between Ikigai Ventures Selling General Administrative and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ikigai Ventures. 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 vs Operating Income
Selling General Administrative vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ikigai Ventures Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ikigai Ventures' Selling General Administrative and Operating Income is -0.52. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of Ikigai Ventures, assuming nothing else is changed. The correlation between historical values of Ikigai Ventures' Selling General Administrative 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 Selling General Administrative of Ikigai Ventures 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 Selling General Administrative i.e., Ikigai Ventures' Selling General Administrative and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Operating Income
Operating Income is the amount of profit realized from Ikigai Ventures 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 Ikigai Ventures 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 Ikigai Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ikigai Ventures 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, which includes a position in Ikigai Ventures. 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 drop to about 513.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 1.4 M in 2024
2010 | 2023 | 2024 (projected) | Interest Expense | 1.8K | 1.6K | 1.4K | Interest Income | 14.2K | 12.8K | 11.4K |
Ikigai Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Ikigai Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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