AEye Gross Profit vs Ebit Analysis

LIDRW Stock  USD 0.01  0.0004  3.23%   
AEye financial indicator trend analysis is way more than just evaluating AEye Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AEye Inc is a good investment. Please check the relationship between AEye Gross Profit and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AEye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AEye Inc Gross Profit account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AEye's Gross Profit and Ebit is 0.86. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of AEye Inc, assuming nothing else is changed. The correlation between historical values of AEye's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of AEye Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., AEye's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AEye Inc minus its cost of goods sold. It is profit before AEye operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebit

Most indicators from AEye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AEye Inc 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 AEye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Sales General And Administrative To Revenue is likely to climb to 18.10 in 2024, whereas Selling General Administrative is likely to drop slightly above 22.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.6M93.7M73.9M56.7M
Cost Of Revenue3.6M8.7M15.3M16.1M

AEye fundamental ratios Correlations

0.960.550.97-0.680.820.770.870.630.990.860.660.570.88-0.31-0.690.790.61-0.390.770.990.860.340.44-0.040.4
0.960.70.86-0.830.650.90.950.80.920.840.810.710.95-0.08-0.780.930.73-0.530.90.920.920.560.31-0.230.51
0.550.70.34-0.590.250.820.570.960.510.720.980.460.840.58-0.930.850.44-0.790.820.50.470.370.19-0.650.93
0.970.860.34-0.560.880.610.790.410.980.770.450.460.74-0.53-0.520.630.51-0.210.620.980.80.210.470.140.21
-0.68-0.83-0.59-0.56-0.24-0.92-0.91-0.75-0.63-0.41-0.75-0.72-0.82-0.030.7-0.9-0.730.64-0.92-0.65-0.91-0.770.240.47-0.28
0.820.650.250.88-0.240.420.540.230.870.710.310.030.61-0.58-0.460.410.08-0.230.420.860.53-0.210.510.080.29
0.770.90.820.61-0.920.420.880.90.730.630.930.60.960.16-0.910.980.6-0.811.00.740.850.58-0.06-0.610.61
0.870.950.570.79-0.910.540.880.730.830.660.720.730.89-0.14-0.660.910.75-0.530.880.830.990.690.1-0.270.34
0.630.80.960.41-0.750.230.90.730.570.720.990.650.890.52-0.890.940.63-0.760.90.560.650.590.14-0.60.82
0.990.920.510.98-0.630.870.730.830.570.840.610.490.85-0.37-0.670.740.53-0.370.731.00.820.250.45-0.020.39
0.860.840.720.77-0.410.710.630.660.720.840.720.510.80.05-0.690.720.53-0.350.640.820.590.230.73-0.040.7
0.660.810.980.45-0.750.310.930.720.990.610.720.550.920.46-0.960.940.54-0.820.930.610.640.490.11-0.650.84
0.570.710.460.46-0.720.030.60.730.650.490.510.550.560.19-0.360.691.0-0.110.60.480.710.910.220.050.18
0.880.950.840.74-0.820.610.960.890.890.850.80.920.560.08-0.920.970.57-0.750.960.850.840.460.18-0.490.68
-0.31-0.080.58-0.53-0.03-0.580.16-0.140.52-0.370.050.460.190.08-0.30.220.13-0.370.16-0.39-0.240.27-0.08-0.520.61
-0.69-0.78-0.93-0.520.7-0.46-0.91-0.66-0.89-0.67-0.69-0.96-0.36-0.92-0.3-0.88-0.360.87-0.91-0.68-0.6-0.27-0.050.69-0.82
0.790.930.850.63-0.90.410.980.910.940.740.720.940.690.970.22-0.880.69-0.750.980.740.860.650.07-0.530.65
0.610.730.440.51-0.730.080.60.750.630.530.530.541.00.570.13-0.360.69-0.090.60.530.740.890.240.090.16
-0.39-0.53-0.79-0.210.64-0.23-0.81-0.53-0.76-0.37-0.35-0.82-0.11-0.75-0.370.87-0.75-0.09-0.81-0.38-0.47-0.220.320.94-0.72
0.770.90.820.62-0.920.421.00.880.90.730.640.930.60.960.16-0.910.980.6-0.810.740.850.58-0.06-0.610.61
0.990.920.50.98-0.650.860.740.830.561.00.820.610.480.85-0.39-0.680.740.53-0.380.740.830.250.41-0.040.36
0.860.920.470.8-0.910.530.850.990.650.820.590.640.710.84-0.24-0.60.860.74-0.470.850.830.680.05-0.220.22
0.340.560.370.21-0.77-0.210.580.690.590.250.230.490.910.460.27-0.270.650.89-0.220.580.250.68-0.14-0.170.07
0.440.310.190.470.240.51-0.060.10.140.450.730.110.220.18-0.08-0.050.070.240.32-0.060.410.05-0.140.540.33
-0.04-0.23-0.650.140.470.08-0.61-0.27-0.6-0.02-0.04-0.650.05-0.49-0.520.69-0.530.090.94-0.61-0.04-0.22-0.170.54-0.61
0.40.510.930.21-0.280.290.610.340.820.390.70.840.180.680.61-0.820.650.16-0.720.610.360.220.070.33-0.61
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AEye Account Relationship Matchups

AEye fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab98.02.5M6.6M6.7M4.1M3.7M
Total Current Liabilities2.4K37.6M13.6M22.6M10.0M15.4M
Total Stockholder Equity22.6K(18.2M)168.8M94.0M29.0M50.2M
Retained Earnings(2.4K)(86.8M)(151.8M)(250.5M)(337.6M)(320.8M)
Net Receivables143K156K4.2M617K131K124.5K
Other Stockholder Equity25.0K68.5M320.9M345.7M366.6M202.0M
Total Liab2.4K44.1M17.4M39.4M25.3M23.1M

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When running AEye's price analysis, check to measure AEye'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 AEye is operating at the current time. Most of AEye's value examination focuses on studying past and present price action to predict the probability of AEye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AEye's price. Additionally, you may evaluate how the addition of AEye to your portfolios can decrease your overall portfolio volatility.