TRT Stock | | | USD 6.19 0.19 3.17% |
Trio Tech financial indicator trend analysis is much more than just breaking down Trio Tech International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Tech International is a good investment. Please check the relationship between Trio Tech Revenue Per Share and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Tech International. 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.
Revenue Per Share vs Total Revenue
Revenue Per Share vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trio Tech International Revenue Per Share account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trio Tech's Revenue Per Share and Total Revenue is 0.77. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Trio Tech International, assuming nothing else is changed. The correlation between historical values of Trio Tech's Revenue Per Share and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Trio Tech International are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Revenue Per Share i.e., Trio Tech's Revenue Per Share and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Total Revenue
Total revenue comprises all receipts Trio Tech International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Trio Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trio Tech International 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 Trio Tech International. 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.
At this time, Trio Tech's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 5.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 11.7M | 11.7M | 10.8M | 9.2M | Total Revenue | 44.1M | 43.3M | 42.3M | 33.8M |
Trio Tech fundamental ratios Correlations
Click cells to compare fundamentals
Trio Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trio Tech fundamental ratios Accounts
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Additional Tools for Trio Stock Analysis
When running Trio Tech's price analysis, check to
measure Trio Tech'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 Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to
predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.