Alchemy Income Tax Expense vs Operating Income Analysis
| ALCY Stock | 11.00 0.02 0.18% |
Alchemy Investments financial indicator trend analysis is way more than just evaluating Alchemy Investments prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alchemy Investments is a good investment. Please check the relationship between Alchemy Investments Income Tax Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alchemy Investments 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 main economic indicators.
Income Tax Expense vs Operating Income
Income Tax Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alchemy Investments Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alchemy Investments' Income Tax Expense and Operating Income is -0.55. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Alchemy Investments Acquisition, assuming nothing else is changed. The correlation between historical values of Alchemy Investments' Income Tax Expense and Operating 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 Income Tax Expense of Alchemy Investments Acquisition are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Alchemy Investments' Income Tax Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Income Tax Expense
Operating Income
Operating Income is the amount of profit realized from Alchemy Investments 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 Alchemy Investments Acquisition 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.Most indicators from Alchemy Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alchemy Investments 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 Alchemy Investments 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 main economic indicators. At this time, Alchemy Investments' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 9.27 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 94.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 8.8K | 660.0K | 759.0K | 796.9K | Depreciation And Amortization | 236.6K | 228.5K | 4.0M | 4.2M |
Alchemy Investments fundamental ratios Correlations
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Alchemy Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Alchemy Investments' price analysis, check to measure Alchemy Investments' 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 Alchemy Investments is operating at the current time. Most of Alchemy Investments' value examination focuses on studying past and present price action to predict the probability of Alchemy Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchemy Investments' price. Additionally, you may evaluate how the addition of Alchemy Investments to your portfolios can decrease your overall portfolio volatility.