LeddarTech Interest Expense vs Net Income Analysis
LDTCW Stock | 0.02 0 25.66% |
LeddarTech Holdings financial indicator trend analysis is infinitely more than just investigating LeddarTech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeddarTech Holdings is a good investment. Please check the relationship between LeddarTech Holdings Interest Expense and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeddarTech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy LeddarTech Stock please use our How to Invest in LeddarTech Holdings guide.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeddarTech Holdings Interest Expense account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LeddarTech Holdings' Interest Expense and Net Income is 0.84. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of LeddarTech Holdings, assuming nothing else is changed. The correlation between historical values of LeddarTech Holdings' Interest Expense 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 Interest Expense of LeddarTech Holdings 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 Interest Expense i.e., LeddarTech Holdings' Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in LeddarTech Holdings financial statement analysis. It represents the amount of money remaining after all of LeddarTech Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from LeddarTech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeddarTech Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeddarTech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy LeddarTech Stock please use our How to Invest in LeddarTech Holdings guide.Selling General Administrative is likely to drop to about 17.4 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 40.3K | 223.6K | 257.1K | 270.0K | Net Interest Income | 531.2K | 1.0M | 916.3K | 1.3M |
LeddarTech Holdings fundamental ratios Correlations
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LeddarTech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LeddarTech Holdings' price analysis, check to measure LeddarTech Holdings' 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 LeddarTech Holdings is operating at the current time. Most of LeddarTech Holdings' value examination focuses on studying past and present price action to predict the probability of LeddarTech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeddarTech Holdings' price. Additionally, you may evaluate how the addition of LeddarTech Holdings to your portfolios can decrease your overall portfolio volatility.