Portage Total Other Income Expense Net vs Net Income Analysis

PFTAW Stock  USD 0.02  0  13.10%   
Portage Fintech financial indicator trend analysis is much more than just breaking down Portage Fintech Acqu prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Portage Fintech Acqu is a good investment. Please check the relationship between Portage Fintech Total Other Income Expense Net and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portage Fintech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Other Income Expense Net vs Net Income

Total Other Income Expense Net vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portage Fintech Acqu Total Other Income Expense Net account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Portage Fintech's Total Other Income Expense Net and Net Income is 0.34. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income in the same time period over historical financial statements of Portage Fintech Acquisition, assuming nothing else is changed. The correlation between historical values of Portage Fintech's Total Other Income Expense Net 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 Total Other Income Expense Net of Portage Fintech Acquisition 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 Total Other Income Expense Net i.e., Portage Fintech's Total Other Income Expense Net and Net Income go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Other Income Expense Net

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Portage Fintech Acqu financial statement analysis. It represents the amount of money remaining after all of Portage Fintech Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Portage Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portage Fintech Acqu 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portage Fintech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Portage Fintech's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 36.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Expense10.5M18.4M21.2M15.9M
Depreciation And Amortization3.4M2.7M3.3M2.5M

Portage Fintech fundamental ratios Correlations

-0.49-0.491.0-0.86-0.970.861.0-0.10.940.861.00.940.840.891.00.861.00.871.00.751.00.94
-0.491.0-0.450.860.68-0.86-0.490.91-0.5-0.86-0.49-0.5-0.88-0.04-0.44-0.86-0.45-0.85-0.48-0.94-0.48-0.5
-0.491.0-0.450.860.68-0.86-0.490.91-0.5-0.86-0.49-0.5-0.88-0.04-0.44-0.86-0.45-0.85-0.48-0.94-0.48-0.5
1.0-0.45-0.45-0.84-0.960.841.0-0.050.940.841.00.940.820.911.00.831.00.851.00.721.00.94
-0.860.860.86-0.840.96-1.0-0.860.59-0.81-1.0-0.86-0.81-1.0-0.54-0.83-1.0-0.84-1.0-0.86-0.98-0.86-0.81
-0.970.680.68-0.960.96-0.96-0.970.33-0.91-0.96-0.97-0.91-0.95-0.76-0.96-0.96-0.96-0.96-0.97-0.88-0.97-0.91
0.86-0.86-0.860.84-1.0-0.960.86-0.590.821.00.860.821.00.540.841.00.841.00.860.980.860.82
1.0-0.49-0.491.0-0.86-0.970.86-0.090.940.861.00.940.840.891.00.851.00.871.00.741.00.94
-0.10.910.91-0.050.590.33-0.59-0.09-0.1-0.59-0.1-0.1-0.620.35-0.05-0.59-0.05-0.57-0.09-0.73-0.09-0.1
0.94-0.5-0.50.94-0.81-0.910.820.94-0.10.820.931.00.80.80.930.810.940.830.940.70.941.0
0.86-0.86-0.860.84-1.0-0.961.00.86-0.590.820.860.821.00.540.841.00.841.00.860.980.860.82
1.0-0.49-0.491.0-0.86-0.970.861.0-0.10.930.860.930.850.891.00.861.00.881.00.751.00.93
0.94-0.5-0.50.94-0.81-0.910.820.94-0.11.00.820.930.80.80.930.810.940.830.940.70.941.0
0.84-0.88-0.880.82-1.0-0.951.00.84-0.620.81.00.850.80.510.821.00.821.00.840.990.840.8
0.89-0.04-0.040.91-0.54-0.760.540.890.350.80.540.890.80.510.910.540.910.560.890.370.890.8
1.0-0.44-0.441.0-0.83-0.960.841.0-0.050.930.841.00.930.820.910.831.00.851.00.711.00.93
0.86-0.86-0.860.83-1.0-0.961.00.85-0.590.811.00.860.811.00.540.830.831.00.850.980.850.81
1.0-0.45-0.451.0-0.84-0.960.841.0-0.050.940.841.00.940.820.911.00.830.851.00.721.00.94
0.87-0.85-0.850.85-1.0-0.961.00.87-0.570.831.00.880.831.00.560.851.00.850.870.980.870.83
1.0-0.48-0.481.0-0.86-0.970.861.0-0.090.940.861.00.940.840.891.00.851.00.870.741.00.94
0.75-0.94-0.940.72-0.98-0.880.980.74-0.730.70.980.750.70.990.370.710.980.720.980.740.740.7
1.0-0.48-0.481.0-0.86-0.970.861.0-0.090.940.861.00.940.840.891.00.851.00.871.00.740.94
0.94-0.5-0.50.94-0.81-0.910.820.94-0.11.00.820.931.00.80.80.930.810.940.830.940.70.94
Click cells to compare fundamentals

Portage Fintech Account Relationship Matchups

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 Portage Stock Analysis

When running Portage Fintech's price analysis, check to measure Portage Fintech'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 Portage Fintech is operating at the current time. Most of Portage Fintech's value examination focuses on studying past and present price action to predict the probability of Portage Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portage Fintech's price. Additionally, you may evaluate how the addition of Portage Fintech to your portfolios can decrease your overall portfolio volatility.