Yotta Income Quality vs Ptb Ratio Analysis

YOTAW Stock

USD 0.05 0.01 12.55%

Yotta Acquisition financial indicator trend analysis is more than just analyzing Yotta Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yotta Acquisition is a good investment. Please check the relationship between Yotta Acquisition Income Quality and its Ptb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta 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.

For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.

Income Quality vs Ptb Ratio

Income Quality vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Income Quality account and Ptb Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Yotta Acquisition's Income Quality and Ptb Ratio is 0.93. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Yotta Acquisition, assuming nothing else is changed. The correlation between historical values of Yotta Acquisition's Income Quality and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Yotta Acquisition are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Income Quality i.e., Yotta Acquisition's Income Quality and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Yotta Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yotta Acquisition 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta 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.

For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.Selling General Administrative is likely to drop to about 924.5 K in 2024. Tax Provision is likely to drop to about 531.5 K in 2024

	2010	2022	2023	2024 (projected)
Total Operating Expenses	11.8K	1.2M	1.5M	1.0M
EBITDA	2.4K	1.7B	3.4M	3.3M

Total Operating Expenses Ebitda

Yotta Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Net Receivables	Inventory
Total Assets		0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.26	1.0	-0.13	0.64	1.0	0.01	0.01
Short Long Term Debt Total	0.64		0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58	1.0	0.91	0.64	-0.8	1.0	0.64	-0.57	-0.57
Other Current Liab	0.17	0.8		1.0	0.08	0.92	-0.96	0.91	0.17	0.17	0.91	-0.73	0.85	0.92	-0.98	0.91	0.09	0.8	0.93	0.17	-1.0	0.8	0.17	-0.93	-0.93
Total Current Liabilities	0.13	0.78	1.0		0.04	0.94	-0.95	0.91	0.13	0.13	0.91	-0.76	0.83	0.9	-0.99	0.89	0.05	0.78	0.93	0.13	-1.0	0.78	0.13	-0.94	-0.94
Total Stockholder Equity	1.0	0.57	0.08	0.04		-0.31	-0.34	-0.01	1.0	1.0	-0.01	0.6	0.55	0.46	0.1	0.39	1.0	0.57	0.17	1.0	-0.04	0.57	1.0	0.1	0.1
Net Debt	-0.22	0.55	0.92	0.94	-0.31		-0.79	0.87	-0.22	-0.22	0.87	-0.93	0.6	0.7	-0.98	0.71	-0.29	0.55	0.83	-0.22	-0.94	0.55	-0.22	-0.93	-0.93
Retained Earnings	-0.42	-0.92	-0.96	-0.95	-0.34	-0.79		-0.87	-0.42	-0.42	-0.87	0.54	-0.96	-0.99	0.9	-0.97	-0.35	-0.92	-0.94	-0.42	0.95	-0.92	-0.42	0.84	0.84
Cash	0.07	0.81	0.91	0.91	-0.01	0.87	-0.87		0.07	0.07	1.0	-0.8	0.82	0.8	-0.93	0.91	0.0	0.81	0.98	0.07	-0.93	0.81	0.07	-0.74	-0.74
Non Current Assets Total	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07		1.0	0.07	0.52	0.62	0.54	0.02	0.47	1.0	0.64	0.25	1.0	-0.13	0.64	1.0	0.02	0.02
Non Currrent Assets Other	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0		0.07	0.52	0.62	0.54	0.02	0.47	1.0	0.64	0.25	1.0	-0.13	0.64	1.0	0.02	0.02
Cash And Short Term Investments	0.07	0.81	0.91	0.91	-0.01	0.87	-0.87	1.0	0.07	0.07		-0.8	0.82	0.8	-0.93	0.91	0.0	0.81	0.98	0.07	-0.93	0.81	0.07	-0.74	-0.74
Common Stock Shares Outstanding	0.52	-0.31	-0.73	-0.76	0.6	-0.93	0.54	-0.8	0.52	0.52	-0.8		-0.35	-0.42	0.85	-0.5	0.58	-0.31	-0.68	0.52	0.77	-0.31	0.52	0.74	0.74
Non Current Liabilities Total	0.62	0.99	0.85	0.83	0.55	0.6	-0.96	0.82	0.62	0.62	0.82	-0.35		0.97	-0.76	0.98	0.56	0.99	0.91	0.62	-0.84	0.99	0.62	-0.64	-0.64
Other Current Assets	0.54	0.94	0.92	0.9	0.46	0.7	-0.99	0.8	0.54	0.54	0.8	-0.42	0.97		-0.83	0.96	0.48	0.94	0.9	0.54	-0.9	0.94	0.54	-0.79	-0.79
Other Stockholder Equity	0.01	-0.71	-0.98	-0.99	0.1	-0.98	0.9	-0.93	0.02	0.02	-0.93	0.85	-0.76	-0.83		-0.85	0.09	-0.71	-0.92	0.01	0.99	-0.71	0.01	0.93	0.93
Total Liab	0.47	0.98	0.91	0.89	0.39	0.71	-0.97	0.91	0.47	0.47	0.91	-0.5	0.98	0.96	-0.85		0.41	0.98	0.97	0.47	-0.91	0.98	0.47	-0.71	-0.71
Net Invested Capital	1.0	0.58	0.09	0.05	1.0	-0.29	-0.35	0.0	1.0	1.0	0.0	0.58	0.56	0.48	0.09	0.41		0.58	0.19	1.0	-0.05	0.58	1.0	0.08	0.08
Short Long Term Debt	0.64	1.0	0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58		0.91	0.64	-0.8	1.0	0.64	-0.57	-0.57
Total Current Assets	0.26	0.91	0.93	0.93	0.17	0.83	-0.94	0.98	0.25	0.25	0.98	-0.68	0.91	0.9	-0.92	0.97	0.19	0.91		0.25	-0.95	0.91	0.25	-0.75	-0.75
Capital Stock	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.25		-0.13	0.64	1.0	0.01	0.01
Net Working Capital	-0.13	-0.8	-1.0	-1.0	-0.04	-0.94	0.95	-0.93	-0.13	-0.13	-0.93	0.77	-0.84	-0.9	0.99	-0.91	-0.05	-0.8	-0.95	-0.13		-0.8	-0.13	0.92	0.92
Short Term Debt	0.64	1.0	0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58	1.0	0.91	0.64	-0.8		0.64	-0.57	-0.57
Common Stock	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.25	1.0	-0.13	0.64		0.01	0.01
Net Receivables	0.01	-0.57	-0.93	-0.94	0.1	-0.93	0.84	-0.74	0.02	0.02	-0.74	0.74	-0.64	-0.79	0.93	-0.71	0.08	-0.57	-0.75	0.01	0.92	-0.57	0.01		1.0
Inventory	0.01	-0.57	-0.93	-0.94	0.1	-0.93	0.84	-0.74	0.02	0.02	-0.74	0.74	-0.64	-0.79	0.93	-0.71	0.08	-0.57	-0.75	0.01	0.92	-0.57	0.01	1.0

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Yotta Income Quality vs Ptb Ratio Analysis

Income Quality vs Ptb Ratio

Income Quality vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Income Quality

Ptb Ratio

Yotta Acquisition fundamental ratios Correlations

Yotta Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets

Net Working Capital	- 1.0	Total Current Liabilities
Net Working Capital	- 1.0	Other Current Liab
Other Current Assets	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Total Current Liabilities
Other Stockholder Equity	- 0.98	Net Debt
Other Stockholder Equity	- 0.98	Other Current Liab