Technology Ebit vs Income Before Tax Analysis
TETEW Stock | USD 0.01 0.01 71.43% |
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Ebit and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication 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 income.
Ebit vs Income Before Tax
Ebit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Ebit account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Technology Telecommunicatio's Ebit and Income Before Tax is -0.49. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Ebit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Technology Telecommunication Acquisition are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebit i.e., Technology Telecommunicatio's Ebit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Technology Telecommunicatio income statement and is an important metric when analyzing Technology Telecommunicatio profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication 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 income. At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 501.0K | 1.8M | 2.1M | 2.2M | Depreciation And Amortization | 2.7M | 2.0M | 2.3M | 1.7M |
Technology Telecommunicatio fundamental ratios Correlations
Click cells to compare fundamentals
Technology Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Technology Stock Analysis
When running Technology Telecommunicatio's price analysis, check to measure Technology Telecommunicatio'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 Technology Telecommunicatio is operating at the current time. Most of Technology Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Technology Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology Telecommunicatio's price. Additionally, you may evaluate how the addition of Technology Telecommunicatio to your portfolios can decrease your overall portfolio volatility.