Chardan Total Other Income Expense Net vs Other Operating Expenses Analysis
| DFLIW Stock | USD 0.01 0.0006 4.51% |
Chardan NexTech financial indicator trend analysis is way more than just evaluating Chardan NexTech Acqu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chardan NexTech Acqu is a good investment. Please check the relationship between Chardan NexTech Total Other Income Expense Net and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech 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 gross domestic product.
Total Other Income Expense Net vs Other Operating Expenses
Total Other Income Expense Net vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chardan NexTech Acqu Total Other Income Expense Net account and Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Chardan NexTech's Total Other Income Expense Net and Other Operating Expenses is 0.39. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Chardan NexTech Acquisition, assuming nothing else is changed. The correlation between historical values of Chardan NexTech's Total Other Income Expense Net and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Chardan NexTech Acquisition are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Chardan NexTech's Total Other Income Expense Net and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Other Income Expense Net
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chardan NexTech Acqu. It is also known as Chardan NexTech overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Chardan NexTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chardan NexTech Acqu 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech 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 gross domestic product. Sales General And Administrative To Revenue is likely to climb to 0.43 in 2024, whereas Tax Provision is likely to drop slightly above 755.8 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29.6M | 24.0M | 15.4M | 17.9M | Total Revenue | 78M | 86.3M | 64.4M | 75.9M |
Chardan NexTech fundamental ratios Correlations
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Chardan NexTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.