XELPMOC Stock | | | 135.96 2.43 1.76% |
Xelpmoc Design financial indicator trend analysis is more than just analyzing Xelpmoc Design And current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xelpmoc Design And is a good investment. Please check the relationship between Xelpmoc Design Ebit and its Operating Income accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xelpmoc Design And. 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.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xelpmoc Design And Ebit account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xelpmoc Design's Ebit and Operating Income is 0.82. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Xelpmoc Design And, assuming nothing else is changed. The correlation between historical values of Xelpmoc Design's Ebit and Operating 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 Ebit of Xelpmoc Design And are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Xelpmoc Design's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebit
Operating Income
Operating Income is the amount of profit realized from Xelpmoc Design And 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 Xelpmoc Design And 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.
Most indicators from Xelpmoc Design's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xelpmoc Design And 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xelpmoc Design And. 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 present, Xelpmoc Design's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Xelpmoc Design fundamental ratios Correlations
Click cells to compare fundamentals
Xelpmoc Design Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xelpmoc Design fundamental ratios Accounts
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Other Information on Investing in Xelpmoc Stock
Balance Sheet is a snapshot of the
financial position of Xelpmoc Design And at a specified time, usually calculated after every quarter, six months, or one year. Xelpmoc Design Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xelpmoc Design and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Xelpmoc currently owns. An asset can also be divided into two categories, current and non-current.