TOMZ Stock | | | USD 0.73 0.01 1.39% |
TOMI Environmental financial indicator trend analysis is much more than just breaking down TOMI Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TOMI Environmental is a good investment. Please check the relationship between TOMI Environmental Inventory Turnover and its Net Income Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Inventory Turnover vs Net Income Per Share
Inventory Turnover vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TOMI Environmental Inventory Turnover account and
Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TOMI Environmental's Inventory Turnover and Net Income Per Share is -0.11. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of TOMI Environmental Solutions, assuming nothing else is changed. The correlation between historical values of TOMI Environmental's Inventory Turnover and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of TOMI Environmental Solutions are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Inventory Turnover i.e., TOMI Environmental's Inventory Turnover and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Net Income Per Share
Most indicators from TOMI Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TOMI Environmental 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 TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, TOMI Environmental's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Sales General And Administrative To Revenue is likely to drop 0.70 in 2024.
TOMI Environmental fundamental ratios Correlations
Click cells to compare fundamentals
TOMI Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TOMI Environmental fundamental ratios Accounts
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