| VVPR Stock | | | USD 1.18 0.02 1.72% |
VivoPower International financial indicator trend analysis is much more than just breaking down VivoPower International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VivoPower International is a good investment. Please check the relationship between VivoPower International Operating Income and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VivoPower International Operating Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between VivoPower International's Operating Income and Other Operating Expenses is -0.45. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of VivoPower International PLC, assuming nothing else is changed. The correlation between historical values of VivoPower International's Operating Income 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 Operating Income of VivoPower International PLC 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 Operating Income i.e., VivoPower International's Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.45 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from VivoPower International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VivoPower International PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VivoPower International. It is also known as VivoPower International 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 VivoPower International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VivoPower 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 VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, VivoPower International's
Selling General Administrative is relatively stable compared to the past year. As of 12/02/2024,
Tax Provision is likely to grow to about 584.9
K, while
Issuance Of Capital Stock is likely to drop 0.00.
VivoPower International fundamental ratios Correlations
Click cells to compare fundamentals
VivoPower International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VivoPower International fundamental ratios Accounts
Additional Tools for VivoPower Stock Analysis
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predict the probability of VivoPower International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VivoPower International's price. Additionally, you may evaluate how the addition of VivoPower International to your portfolios can decrease your overall portfolio volatility.