MKDWELL Research Development vs Net Income Analysis
MKDW Stock | 0.96 0.04 4.00% |
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Research Development and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Research Development vs Net Income
Research Development vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Research Development account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between MKDWELL Tech's Research Development and Net Income is 0.75. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Research Development 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 Research Development of MKDWELL Tech Ordinary 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 Research Development i.e., MKDWELL Tech's Research Development and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Research Development
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MKDWELL Tech Ordinary financial statement analysis. It represents the amount of money remaining after all of MKDWELL Tech Ordinary operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 304.1K | 390.0K | 244.4K | 250.3K | Depreciation And Amortization | 600.6K | 528.1K | 563.0K | 451.1K |
MKDWELL Tech fundamental ratios Correlations
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MKDWELL Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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