OneMedNet Selling General Administrative vs Net Income Analysis
ONMDW Stock | 0.04 0.02 150.62% |
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Selling General Administrative and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.
Selling General Administrative vs Net Income
Selling General Administrative vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between OneMedNet Corp's Selling General Administrative and Net Income is -0.86. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Selling General Administrative 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 Selling General Administrative of OneMedNet Corp 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 Selling General Administrative i.e., OneMedNet Corp's Selling General Administrative and Net Income go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Selling General Administrative
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in OneMedNet Corp financial statement analysis. It represents the amount of money remaining after all of OneMedNet Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 28.0K | 22.3K | Interest Income | 174.2K | 154.8K |
OneMedNet Corp fundamental ratios Correlations
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OneMedNet Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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