Allurion Net Interest Income vs Net Income Analysis
| ALUR Stock | 1.51 0.09 5.63% |
Allurion Technologies financial indicator trend analysis is way more than just evaluating Allurion Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allurion Technologies is a good investment. Please check the relationship between Allurion Technologies Net Interest Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allurion Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allurion Stock, please use our How to Invest in Allurion Technologies guide.
Net Interest Income vs Net Income
Net Interest Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allurion Technologies Net Interest Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Allurion Technologies' Net Interest Income and Net Income is 0.96. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Allurion Technologies, assuming nothing else is changed. The correlation between historical values of Allurion Technologies' Net Interest Income 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 Net Interest Income of Allurion Technologies 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 Net Interest Income i.e., Allurion Technologies' Net Interest Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Allurion Technologies financial statement analysis. It represents the amount of money remaining after all of Allurion Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Allurion Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allurion Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allurion Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allurion Stock, please use our How to Invest in Allurion Technologies guide.At this time, Allurion Technologies' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/02/2024, Enterprise Value is likely to grow to about 253.3 M, while Tax Provision is likely to drop slightly above 103 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 4.4M | 10.6M | 6.8M | Depreciation And Amortization | 707K | 2.0M | 746K | 1.3M |
Allurion Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Allurion Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Allurion Technologies' price analysis, check to measure Allurion Technologies' 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 Allurion Technologies is operating at the current time. Most of Allurion Technologies' value examination focuses on studying past and present price action to predict the probability of Allurion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allurion Technologies' price. Additionally, you may evaluate how the addition of Allurion Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Allurion Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allurion Technologies. If investors know Allurion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allurion Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.22) | Revenue Per Share 1.197 | Quarterly Revenue Growth (0.33) | Return On Assets (0.81) |
The market value of Allurion Technologies is measured differently than its book value, which is the value of Allurion that is recorded on the company's balance sheet. Investors also form their own opinion of Allurion Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allurion Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allurion Technologies' market value can be influenced by many factors that don't directly affect Allurion Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allurion Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allurion Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allurion Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.