Triller Change To Account Receivables vs Net Income Analysis
| ILLRW Stock | 0.15 0.01 7.14% |
Triller financial indicator trend analysis is much more than just breaking down Triller Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triller Group is a good investment. Please check the relationship between Triller Change To Account Receivables and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Triller Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Change To Account Receivables vs Net Income
Change To Account Receivables vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triller Group Change To Account Receivables account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Triller's Change To Account Receivables and Net Income is 1.0. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Income in the same time period over historical financial statements of Triller Group, assuming nothing else is changed. The correlation between historical values of Triller's Change To Account Receivables 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 Change To Account Receivables of Triller Group 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 Change To Account Receivables i.e., Triller's Change To Account Receivables and Net Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Change To Account Receivables
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Triller Group financial statement analysis. It represents the amount of money remaining after all of Triller Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Triller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triller Group 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 Triller Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to climb to about 80 M in 2024, whereas Tax Provision is likely to drop (17.4 M) in 2024.
| 2010 | 2023 | 2024 (projected) | Gross Profit | 6.4M | 2.8M | 3.7M | Total Revenue | 47.7M | 45.5M | 37.3M |
Triller fundamental ratios Correlations
Click cells to compare fundamentals
Triller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Triller's price analysis, check to measure Triller'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 Triller is operating at the current time. Most of Triller's value examination focuses on studying past and present price action to predict the probability of Triller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triller's price. Additionally, you may evaluate how the addition of Triller to your portfolios can decrease your overall portfolio volatility.