Angel Total Operating Expenses vs Operating Income Analysis
FINS Stock | USD 12.90 0.05 0.39% |
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Total Operating Expenses and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel Oak Financial Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Angel Oak's Total Operating Expenses and Operating Income is -0.71. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak's Total Operating Expenses 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 Total Operating Expenses of Angel Oak Financial 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 Total Operating Expenses i.e., Angel Oak's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Operating Income
Operating Income is the amount of profit realized from Angel Oak Financial 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 Angel Oak Financial 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 Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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 Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Angel Oak's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 901.4 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 20.1M | 25.9M | 27.6M | 21.9M | Net Interest Income | 16.9M | 21.0M | 21.5M | 18.0M |
Angel Oak fundamental ratios Correlations
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Angel Oak Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Angel Oak's price analysis, check to measure Angel Oak'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 Angel Oak is operating at the current time. Most of Angel Oak's value examination focuses on studying past and present price action to predict the probability of Angel Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angel Oak's price. Additionally, you may evaluate how the addition of Angel Oak to your portfolios can decrease your overall portfolio volatility.