Airsculpt Depreciation vs Net Income Analysis
AIRS Stock | USD 6.15 0.37 5.67% |
Airsculpt Technologies financial indicator trend analysis is way more than just evaluating Airsculpt Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airsculpt Technologies is a good investment. Please check the relationship between Airsculpt Technologies Depreciation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airsculpt Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airsculpt Technologies Depreciation account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Airsculpt Technologies' Depreciation and Net Income is -0.06. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Airsculpt Technologies, assuming nothing else is changed. The correlation between historical values of Airsculpt Technologies' Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Airsculpt Technologies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Airsculpt Technologies' Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Airsculpt Technologies value has been used up. For tax purposes Airsculpt Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Airsculpt Technologies must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Airsculpt Technologies financial statement analysis. It represents the amount of money remaining after all of Airsculpt Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Airsculpt Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airsculpt Technologies 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 Airsculpt Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Airsculpt Stock please use our How to Invest in Airsculpt Technologies guide.Enterprise Value is likely to gain to about 813.6 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 6.8M | 6.5M | 5.2M | Depreciation And Amortization | 6.6M | 8.1M | 10.3M | 7.8M |
Airsculpt Technologies fundamental ratios Correlations
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Airsculpt Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Airsculpt Stock Analysis
When running Airsculpt Technologies' price analysis, check to measure Airsculpt Technologies' 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 Airsculpt Technologies is operating at the current time. Most of Airsculpt Technologies' value examination focuses on studying past and present price action to predict the probability of Airsculpt Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airsculpt Technologies' price. Additionally, you may evaluate how the addition of Airsculpt Technologies to your portfolios can decrease your overall portfolio volatility.