| ZAGGLE Stock | | | 511.45 2.45 0.48% |
Zaggle Prepaid financial indicator trend analysis is more than just analyzing Zaggle Prepaid Ocean current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zaggle Prepaid Ocean is a good investment. Please check the relationship between Zaggle Prepaid Operating Income and its Ebitda accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zaggle Prepaid Ocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Operating Income vs Ebitda
Operating Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zaggle Prepaid Ocean Operating Income account and
Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Zaggle Prepaid's Operating Income and Ebitda is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Zaggle Prepaid Ocean, assuming nothing else is changed. The correlation between historical values of Zaggle Prepaid's Operating Income and Ebitda 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 Zaggle Prepaid Ocean are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Zaggle Prepaid's Operating Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Zaggle Prepaid Ocean 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 Zaggle Prepaid Ocean 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.
Ebitda
Most indicators from Zaggle Prepaid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zaggle Prepaid Ocean 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 Zaggle Prepaid Ocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of January 15, 2025,
Selling General Administrative is expected to decline to about 40.5
MZaggle Prepaid fundamental ratios Correlations
Click cells to compare fundamentals
Zaggle Prepaid Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zaggle Prepaid fundamental ratios Accounts
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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.
Other Information on Investing in Zaggle Stock
Balance Sheet is a snapshot of the
financial position of Zaggle Prepaid Ocean at a specified time, usually calculated after every quarter, six months, or one year. Zaggle Prepaid Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zaggle Prepaid 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 Zaggle currently owns. An asset can also be divided into two categories, current and non-current.