LeddarTech Other Operating Expenses 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 Other Operating Expenses 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeddarTech Holdings Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between LeddarTech Holdings' Other Operating Expenses and Net Income is -0.98. Overlapping area represents the amount of variation of Other Operating Expenses 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' Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., LeddarTech Holdings' Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LeddarTech Holdings. It is also known as LeddarTech Holdings 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.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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