MTLS Stock | | | USD 7.04 0.06 0.85% |
Materialise financial indicator trend analysis is infinitely more than just investigating Materialise NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Materialise NV is a good investment. Please check the relationship between Materialise Net Income and its Net Income Per E B T accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materialise NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Income vs Net Income Per E B T
Net Income vs Net Income Per E B T Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Materialise NV Net Income account and
Net Income Per E B T. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Materialise's Net Income and Net Income Per E B T is -0.33. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of Materialise NV, assuming nothing else is changed. The correlation between historical values of Materialise's Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Materialise NV are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Materialise's Net Income and Net Income Per E B T go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Materialise NV financial statement analysis. It represents the amount of money remaining after all of Materialise NV operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Net Income Per E B T
Most indicators from Materialise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Materialise NV 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 Materialise NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Enterprise Value is expected to grow to about 544.5
M this year, even though
Selling General Administrative is projected to decline to slightly above 26.2
M.
Materialise fundamental ratios Correlations
Click cells to compare fundamentals
Materialise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Materialise fundamental ratios Accounts