Autonomix Income Before Tax vs Depreciation And Amortization Analysis

AMIX Stock   3.35  0.18  5.10%   
Autonomix Medical, financial indicator trend analysis is way more than just evaluating Autonomix Medical, Common prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autonomix Medical, Common is a good investment. Please check the relationship between Autonomix Medical, Income Before Tax and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autonomix Medical, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autonomix Medical, Common Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Autonomix Medical,'s Income Before Tax and Depreciation And Amortization is -0.2. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Autonomix Medical, Common, assuming nothing else is changed. The correlation between historical values of Autonomix Medical,'s Income Before Tax and Depreciation And Amortization 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 Before Tax of Autonomix Medical, Common are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Autonomix Medical,'s Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Autonomix Medical, income statement and is an important metric when analyzing Autonomix Medical, Common profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Autonomix Medical,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autonomix Medical, Common 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 Autonomix Medical, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to rise to about 5.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.9 M in 2024.

Autonomix Medical, fundamental ratios Correlations

0.970.871.0-1.0-0.980.871.01.0-0.990.770.910.991.00.930.940.970.94-0.95-0.95
0.970.910.96-0.96-1.00.920.970.97-0.990.890.921.00.970.950.940.970.94-0.94-0.94
0.870.910.86-0.88-0.91.00.870.87-0.910.840.990.910.870.990.980.960.98-0.73-0.73
1.00.960.86-1.0-0.970.861.01.0-0.990.740.910.981.00.930.930.970.93-0.94-0.94
-1.0-0.96-0.88-1.00.97-0.88-1.0-1.00.99-0.74-0.93-0.98-1.0-0.95-0.96-0.98-0.960.920.92
-0.98-1.0-0.9-0.970.97-0.9-0.98-0.981.0-0.88-0.91-1.0-0.98-0.94-0.94-0.97-0.940.960.96
0.870.921.00.86-0.88-0.90.870.87-0.910.860.990.910.870.990.980.960.98-0.73-0.73
1.00.970.871.0-1.0-0.980.871.0-0.990.760.910.981.00.930.940.970.94-0.94-0.94
1.00.970.871.0-1.0-0.980.871.0-0.990.760.910.981.00.930.940.970.94-0.94-0.94
-0.99-0.99-0.91-0.990.991.0-0.91-0.99-0.99-0.83-0.93-1.0-0.99-0.95-0.96-0.99-0.960.940.94
0.770.890.840.74-0.74-0.880.860.760.76-0.830.790.860.770.810.790.820.79-0.79-0.79
0.910.920.990.91-0.93-0.910.990.910.91-0.930.790.920.911.01.00.981.0-0.76-0.76
0.991.00.910.98-0.98-1.00.910.980.98-1.00.860.920.990.950.950.980.95-0.95-0.95
1.00.970.871.0-1.0-0.980.871.01.0-0.990.770.910.990.930.940.970.94-0.95-0.95
0.930.950.990.93-0.95-0.940.990.930.93-0.950.811.00.950.931.00.991.0-0.8-0.8
0.940.940.980.93-0.96-0.940.980.940.94-0.960.791.00.950.941.00.991.0-0.8-0.8
0.970.970.960.97-0.98-0.970.960.970.97-0.990.820.980.980.970.990.990.99-0.87-0.87
0.940.940.980.93-0.96-0.940.980.940.94-0.960.791.00.950.941.01.00.99-0.8-0.8
-0.95-0.94-0.73-0.940.920.96-0.73-0.94-0.940.94-0.79-0.76-0.95-0.95-0.8-0.8-0.87-0.81.0
-0.95-0.94-0.73-0.940.920.96-0.73-0.94-0.940.94-0.79-0.76-0.95-0.95-0.8-0.8-0.87-0.81.0
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Autonomix Medical, Account Relationship Matchups

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