Autonomix Operating Income vs Net Income Analysis
| AMIX Stock | 3.97 0.51 11.38% |
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, Operating Income and its Net Income 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autonomix Medical, Common Operating Income account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Autonomix Medical,'s Operating Income and Net Income is 0.6. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income 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 Operating Income 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 Operating Income of Autonomix Medical, Common 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 Operating Income i.e., Autonomix Medical,'s Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Autonomix Medical, Common 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 Autonomix Medical, Common 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Autonomix Medical, Common financial statement analysis. It represents the amount of money remaining after all of Autonomix Medical, Common operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
Click cells to compare fundamentals
Autonomix Medical, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Autonomix Medical,'s price analysis, check to measure Autonomix Medical,'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 Autonomix Medical, is operating at the current time. Most of Autonomix Medical,'s value examination focuses on studying past and present price action to predict the probability of Autonomix Medical,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autonomix Medical,'s price. Additionally, you may evaluate how the addition of Autonomix Medical, to your portfolios can decrease your overall portfolio volatility.