Above Total Revenue vs Ebit Per Revenue Analysis

ABVEW Stock   0.04  0.02  89.05%   
Above Food financial indicator trend analysis is way more than just evaluating Above Food Ingredients prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Above Food Ingredients is a good investment. Please check the relationship between Above Food Total Revenue and its Ebit Per Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. 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.

Total Revenue vs Ebit Per Revenue

Total Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Above Food Ingredients Total Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Above Food's Total Revenue and Ebit Per Revenue is -0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Above Food Ingredients, assuming nothing else is changed. The correlation between historical values of Above Food's Total Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Above Food Ingredients are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Total Revenue i.e., Above Food's Total Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Above Food Ingredients generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebit Per Revenue

Most indicators from Above Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Above Food Ingredients 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. 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, Above Food's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 342.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.2 M in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization1.4M3.0M3.6M2.9M
Interest Income82.3K296.5K245.3K228.8K

Above Food fundamental ratios Correlations

0.890.080.580.510.89-0.620.610.96-0.490.61-0.40.910.580.580.760.730.510.580.54-0.56-0.24-0.40.580.44-0.6
0.890.20.880.091.0-0.890.90.78-0.150.9-0.70.70.880.880.750.360.730.770.73-0.8-0.49-0.510.880.71-0.85
0.080.20.15-0.060.2-0.120.120.050.690.12-0.26-0.170.150.15-0.48-0.02-0.38-0.1-0.370.23-0.920.680.15-0.24-0.06
0.580.880.15-0.390.88-1.01.00.390.161.0-0.890.331.01.00.67-0.120.850.890.86-0.93-0.52-0.621.00.82-0.97
0.510.09-0.06-0.390.090.36-0.350.69-0.72-0.350.550.71-0.39-0.390.130.96-0.3-0.35-0.310.340.250.2-0.4-0.30.38
0.891.00.20.880.09-0.890.90.78-0.150.9-0.690.710.880.880.750.360.730.770.73-0.8-0.49-0.510.880.71-0.85
-0.62-0.89-0.12-1.00.36-0.89-1.0-0.43-0.11-1.00.9-0.36-1.0-1.0-0.710.08-0.86-0.92-0.870.940.490.64-1.0-0.810.99
0.610.90.121.0-0.350.9-1.00.430.11.0-0.880.381.01.00.71-0.070.870.90.87-0.94-0.49-0.651.00.84-0.98
0.960.780.050.390.690.78-0.430.43-0.60.43-0.150.970.390.40.660.870.370.360.36-0.39-0.15-0.290.390.35-0.38
-0.49-0.150.690.16-0.72-0.15-0.110.1-0.60.1-0.38-0.750.160.16-0.6-0.74-0.24-0.02-0.220.12-0.690.470.16-0.13-0.1
0.610.90.121.0-0.350.9-1.01.00.430.1-0.880.381.01.00.71-0.070.870.90.87-0.94-0.49-0.651.00.84-0.98
-0.4-0.7-0.26-0.890.55-0.690.9-0.88-0.15-0.38-0.88-0.04-0.89-0.89-0.490.31-0.65-0.91-0.740.780.550.45-0.89-0.520.94
0.910.7-0.170.330.710.71-0.360.380.97-0.750.38-0.040.330.330.720.870.430.320.4-0.40.05-0.420.330.42-0.32
0.580.880.151.0-0.390.88-1.01.00.390.161.0-0.890.331.00.67-0.120.850.890.86-0.93-0.52-0.621.00.82-0.97
0.580.880.151.0-0.390.88-1.01.00.40.161.0-0.890.331.00.67-0.120.850.890.85-0.93-0.52-0.621.00.82-0.97
0.760.75-0.480.670.130.75-0.710.710.66-0.60.71-0.490.720.670.670.350.870.80.9-0.850.18-0.890.660.7-0.73
0.730.36-0.02-0.120.960.360.08-0.070.87-0.74-0.070.310.87-0.12-0.120.35-0.07-0.09-0.070.090.120.02-0.12-0.070.11
0.510.73-0.380.85-0.30.73-0.860.870.37-0.240.87-0.650.430.850.850.87-0.070.840.98-0.98-0.01-0.930.850.93-0.85
0.580.77-0.10.89-0.350.77-0.920.90.36-0.020.9-0.910.320.890.890.8-0.090.840.93-0.92-0.23-0.750.890.65-0.97
0.540.73-0.370.86-0.310.73-0.870.870.36-0.220.87-0.740.40.860.850.9-0.070.980.93-0.98-0.01-0.930.850.83-0.9
-0.56-0.80.23-0.930.34-0.80.94-0.94-0.390.12-0.940.78-0.4-0.93-0.93-0.850.09-0.98-0.92-0.980.160.87-0.93-0.890.94
-0.24-0.49-0.92-0.520.25-0.490.49-0.49-0.15-0.69-0.490.550.05-0.52-0.520.180.12-0.01-0.23-0.010.16-0.35-0.52-0.160.42
-0.4-0.510.68-0.620.2-0.510.64-0.65-0.290.47-0.650.45-0.42-0.62-0.62-0.890.02-0.93-0.75-0.930.87-0.35-0.62-0.780.67
0.580.880.151.0-0.40.88-1.01.00.390.161.0-0.890.331.01.00.66-0.120.850.890.85-0.93-0.52-0.620.82-0.97
0.440.71-0.240.82-0.30.71-0.810.840.35-0.130.84-0.520.420.820.820.7-0.070.930.650.83-0.89-0.16-0.780.82-0.74
-0.6-0.85-0.06-0.970.38-0.850.99-0.98-0.38-0.1-0.980.94-0.32-0.97-0.97-0.730.11-0.85-0.97-0.90.940.420.67-0.97-0.74
Click cells to compare fundamentals

Above Food Account Relationship Matchups

Also Currently Popular

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 Above Stock Analysis

When running Above Food's price analysis, check to measure Above Food'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 Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.