| ASTS Stock | | | USD 23.81 0.52 2.23% |
Ast Spacemobile financial indicator trend analysis is way more than just evaluating Ast Spacemobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ast Spacemobile is a good investment. Please check the relationship between Ast Spacemobile Research Development and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Research Development vs Income Tax Expense
Research Development vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ast Spacemobile Research Development account and
Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ast Spacemobile's Research Development and Income Tax Expense is 0.62. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Ast Spacemobile, assuming nothing else is changed. The correlation between historical values of Ast Spacemobile's Research Development and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Ast Spacemobile are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Research Development i.e., Ast Spacemobile's Research Development and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Research Development
Income Tax Expense
Most indicators from Ast Spacemobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ast Spacemobile 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 Ast Spacemobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Ast Stock please use our
How to Invest in Ast Spacemobile guide.
Selling General Administrative is likely to drop to about 30.6
M in 2024.
Tax Provision is likely to gain to about (511.1
K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Minority Interest | 54.3M | 71.5M | 106.8M | 112.1M | Income Tax Expense | 331K | 617K | 1.7M | 1.8M |
Ast Spacemobile fundamental ratios Correlations
Click cells to compare fundamentals
Ast Spacemobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ast Spacemobile fundamental ratios Accounts
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Additional Tools for Ast Stock Analysis
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