| VVPR Stock | | | USD 1.18 0.03 2.48% |
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 Other Operating Expenses and its Net Income 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VivoPower International Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between VivoPower International's Other Operating Expenses and Net Income is -0.68. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Other Operating Expenses 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 Other Operating Expenses of VivoPower International PLC 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 Other Operating Expenses i.e., VivoPower International's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in VivoPower International financial statement analysis. It represents the amount of money remaining after all of VivoPower International PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 12/03/2024,
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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measure VivoPower International'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 VivoPower International is operating at the current time. Most of VivoPower International's value examination focuses on studying past and present price action to
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.