Patria Operating Income vs Total Other Income Expense Net Analysis
PLAO Stock | USD 11.85 0.00 0.00% |
Patria Latin financial indicator trend analysis is much more than just breaking down Patria Latin American prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patria Latin American is a good investment. Please check the relationship between Patria Latin Operating Income and its Total Other Income Expense Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patria Latin American. 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.
Operating Income vs Total Other Income Expense Net
Operating Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patria Latin American Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Patria Latin's Operating Income and Total Other Income Expense Net is -0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Patria Latin American, assuming nothing else is changed. The correlation between historical values of Patria Latin's Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Patria Latin American are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Patria Latin's Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Patria Latin American 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 Patria Latin American 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.Total Other Income Expense Net
Most indicators from Patria Latin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patria Latin American 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 Patria Latin American. 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, Patria Latin's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 4th of March 2025, Enterprise Value Multiple is likely to grow to 25.37, while Selling General Administrative is likely to drop about 756.9 K.
Patria Latin fundamental ratios Correlations
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Patria Latin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Patria Stock
Balance Sheet is a snapshot of the financial position of Patria Latin American at a specified time, usually calculated after every quarter, six months, or one year. Patria Latin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Patria Latin and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Patria currently owns. An asset can also be divided into two categories, current and non-current.