Technology Interest Expense vs Other Operating Expenses Analysis

TETEW Stock  USD 0.01  0.0006  4.17%   
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Interest Expense and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Interest Expense vs Other Operating Expenses

Interest Expense vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Interest Expense account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Technology Telecommunicatio's Interest Expense and Other Operating Expenses is -0.78. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Interest Expense and Other Operating Expenses 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 Technology Telecommunication Acquisition are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Expense i.e., Technology Telecommunicatio's Interest Expense and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Technology Telecommunicatio. It is also known as Technology Telecommunicatio 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.
Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses501.0K1.8M2.1M2.2M
Depreciation And Amortization2.7M2.0M2.3M1.7M

Technology Telecommunicatio fundamental ratios Correlations

0.810.820.411.0-0.860.25-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.621.0-0.320.811.0-0.41-0.38
0.810.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.731.00.81-0.77-0.44
0.820.940.860.78-0.980.76-0.970.880.820.821.0-0.690.97-1.0-1.00.930.790.940.060.82-0.80.940.82-0.86-0.68
0.410.750.860.36-0.790.99-0.931.00.410.410.83-0.940.8-0.83-0.830.870.380.75-0.460.41-0.980.750.41-1.0-0.79
1.00.760.780.36-0.820.2-0.630.41.01.00.81-0.10.78-0.8-0.810.61.00.760.661.0-0.260.761.0-0.35-0.36
-0.86-0.97-0.98-0.79-0.82-0.680.96-0.82-0.86-0.86-1.00.64-0.991.01.0-0.94-0.83-0.97-0.16-0.860.75-0.97-0.860.80.55
0.250.640.760.990.2-0.68-0.860.980.250.260.72-0.960.69-0.72-0.720.80.220.64-0.60.26-0.980.640.26-0.98-0.78
-0.68-0.93-0.97-0.93-0.630.96-0.86-0.94-0.68-0.68-0.970.83-0.950.970.97-0.97-0.65-0.930.13-0.680.91-0.93-0.680.940.65
0.460.780.881.00.4-0.820.98-0.940.460.460.85-0.920.82-0.85-0.850.890.420.78-0.420.46-0.980.780.46-1.0-0.79
1.00.810.820.411.0-0.860.25-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
1.00.810.820.411.0-0.860.26-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
0.840.961.00.830.81-1.00.72-0.970.850.840.84-0.660.98-1.0-1.00.940.820.960.110.84-0.780.960.84-0.83-0.61
-0.16-0.66-0.69-0.94-0.10.64-0.960.83-0.92-0.16-0.16-0.66-0.680.670.66-0.83-0.12-0.660.63-0.160.97-0.66-0.160.950.6
0.820.990.970.80.78-0.990.69-0.950.820.820.820.98-0.68-0.98-0.980.970.790.990.130.82-0.760.990.82-0.81-0.52
-0.84-0.96-1.0-0.83-0.81.0-0.720.97-0.85-0.84-0.84-1.00.67-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.62
-0.84-0.96-1.0-0.83-0.811.0-0.720.97-0.85-0.84-0.84-1.00.66-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.61
0.660.970.930.870.6-0.940.8-0.970.890.660.660.94-0.830.97-0.94-0.940.620.97-0.090.66-0.860.970.66-0.89-0.52
1.00.780.790.381.0-0.830.22-0.650.421.01.00.82-0.120.79-0.82-0.820.620.780.641.0-0.280.781.0-0.37-0.37
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.780.160.81-0.731.00.81-0.77-0.44
0.620.160.06-0.460.66-0.16-0.60.13-0.420.610.610.110.630.13-0.11-0.11-0.090.640.160.610.530.160.610.460.34
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.61-0.320.811.0-0.41-0.38
-0.32-0.73-0.8-0.98-0.260.75-0.980.91-0.98-0.32-0.32-0.780.97-0.760.780.78-0.86-0.28-0.730.53-0.32-0.73-0.320.990.69
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.730.81-0.77-0.44
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.81-0.41-0.38
-0.41-0.77-0.86-1.0-0.350.8-0.980.94-1.0-0.41-0.41-0.830.95-0.810.830.83-0.89-0.37-0.770.46-0.410.99-0.77-0.410.74
-0.38-0.44-0.68-0.79-0.360.55-0.780.65-0.79-0.38-0.38-0.610.6-0.520.620.61-0.52-0.37-0.440.34-0.380.69-0.44-0.380.74
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Technology Telecommunicatio Account Relationship Matchups

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