Plum Operating Income vs Total Operating Expenses Analysis
| PLMJU Stock | 11.00 0.00 0.00% |
Plum Acquisition financial indicator trend analysis is much more than just breaking down Plum Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plum Acquisition Corp is a good investment. Please check the relationship between Plum Acquisition Operating Income and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Operating Income vs Total Operating Expenses
Operating Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plum Acquisition Corp Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Plum Acquisition's Operating Income and Total Operating Expenses is -0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Plum Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Plum Acquisition's Operating Income and Total Operating Expenses 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 Plum Acquisition Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Plum Acquisition's Operating Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Plum Acquisition Corp 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 Plum Acquisition Corp 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 Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Plum Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plum Acquisition Corp 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 Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Enterprise Value Over EBITDA is likely to drop to 29.70 in 2024. Enterprise Value Multiple is likely to drop to 29.70 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 761.6K | 2.8M | 833.9K | 1.6M | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 168.8K |
Plum Acquisition fundamental ratios Correlations
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Plum Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Plum Stock Analysis
When running Plum Acquisition's price analysis, check to measure Plum Acquisition'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 Plum Acquisition is operating at the current time. Most of Plum Acquisition's value examination focuses on studying past and present price action to predict the probability of Plum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plum Acquisition's price. Additionally, you may evaluate how the addition of Plum Acquisition to your portfolios can decrease your overall portfolio volatility.