Tat Net Income From Continuing Ops vs Ebitda Analysis

TATT Stock

USD 13.53 0.23 1.73%

Tat Techno financial indicator trend analysis is much more than just breaking down Tat Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tat Techno is a good investment. Please check the relationship between Tat Techno Net Income From Continuing Ops and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.

Net Income From Continuing Ops vs Ebitda

Net Income From Continuing Ops vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tat Techno Net Income From Continuing Ops account and Ebitda. At this time, the significance of the direction appears to have very week relationship.

The correlation between Tat Techno's Net Income From Continuing Ops and Ebitda is 0.27. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebitda in the same time period over historical financial statements of Tat Techno, assuming nothing else is changed. The correlation between historical values of Tat Techno's Net Income From Continuing Ops and Ebitda 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 Income From Continuing Ops of Tat Techno are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income From Continuing Ops i.e., Tat Techno's Net Income From Continuing Ops and Ebitda go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income From Continuing Ops

Ebitda

Most indicators from Tat Techno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tat Techno 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 Tat Techno. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.At this time, Tat Techno's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	11.3M	15.9M	22.5M	11.9M
Total Revenue	78.0M	84.6M	113.8M	119.5M

Gross Profit Total Revenue

Tat Techno fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable
Common Stock Shares Outstanding		0.95	0.18	0.28	0.39	0.98	0.35	-0.23	0.73	0.71	0.43	0.57	0.63	0.77	0.99	0.27	0.72	0.31	0.99	0.35	0.1	0.96	0.21	0.99	0.17	0.73
Total Assets	0.95		0.35	0.39	0.52	0.93	0.48	-0.02	0.6	0.61	0.56	0.38	0.49	0.73	0.97	0.44	0.75	0.42	0.98	0.5	0.26	0.94	0.34	0.96	0.33	0.78
Short Long Term Debt Total	0.18	0.35		0.51	0.9	0.06	0.93	0.84	-0.38	-0.17	0.94	-0.56	-0.32	-0.05	0.27	0.95	0.71	0.85	0.24	0.95	0.9	0.08	0.89	0.28	0.82	0.36
Other Current Liab	0.28	0.39	0.51		0.68	0.18	0.53	0.48	-0.12	0.04	0.59	-0.14	0.03	0.27	0.33	0.66	0.47	0.49	0.31	0.69	0.52	0.29	0.35	0.34	0.51	0.33
Total Current Liabilities	0.39	0.52	0.9	0.68		0.29	0.94	0.66	-0.14	0.07	0.96	-0.37	-0.07	0.17	0.48	0.88	0.86	0.84	0.45	0.98	0.92	0.32	0.87	0.49	0.83	0.52
Total Stockholder Equity	0.98	0.93	0.06	0.18	0.29		0.22	-0.36	0.84	0.76	0.31	0.64	0.7	0.83	0.97	0.13	0.64	0.2	0.97	0.24	0.03	0.99	0.15	0.97	0.13	0.67
Property Plant And Equipment Net	0.35	0.48	0.93	0.53	0.94	0.22		0.75	-0.24	-0.1	0.98	-0.49	-0.28	0.06	0.42	0.9	0.85	0.86	0.4	0.95	0.86	0.22	0.83	0.44	0.7	0.62
Net Debt	-0.23	-0.02	0.84	0.48	0.66	-0.36	0.75		-0.75	-0.63	0.7	-0.79	-0.69	-0.39	-0.15	0.82	0.33	0.73	-0.15	0.74	0.72	-0.33	0.61	-0.14	0.57	0.12
Retained Earnings	0.73	0.6	-0.38	-0.12	-0.14	0.84	-0.24	-0.75		0.8	-0.15	0.85	0.82	0.83	0.69	-0.32	0.26	-0.24	0.68	-0.21	-0.32	0.81	-0.18	0.69	-0.12	0.31
Cash	0.71	0.61	-0.17	0.04	0.07	0.76	-0.1	-0.63	0.8		0.01	0.66	0.9	0.65	0.69	-0.12	0.33	-0.21	0.67	0.0	-0.13	0.78	-0.01	0.68	0.1	0.34
Non Current Assets Total	0.43	0.56	0.94	0.59	0.96	0.31	0.98	0.7	-0.15	0.01		-0.39	-0.16	0.18	0.5	0.92	0.88	0.86	0.48	0.98	0.87	0.31	0.86	0.52	0.78	0.6
Non Currrent Assets Other	0.57	0.38	-0.56	-0.14	-0.37	0.64	-0.49	-0.79	0.85	0.66	-0.39		0.8	0.7	0.49	-0.46	-0.03	-0.33	0.49	-0.42	-0.56	0.64	-0.39	0.5	-0.32	0.01
Cash And Short Term Investments	0.63	0.49	-0.32	0.03	-0.07	0.7	-0.28	-0.69	0.82	0.9	-0.16	0.8		0.59	0.6	-0.26	0.18	-0.22	0.58	-0.14	-0.25	0.74	-0.15	0.6	-0.03	0.12
Net Receivables	0.77	0.73	-0.05	0.27	0.17	0.83	0.06	-0.39	0.83	0.65	0.18	0.7	0.59		0.76	0.07	0.47	0.08	0.75	0.14	-0.02	0.84	0.08	0.76	0.21	0.38
Common Stock Total Equity	0.99	0.97	0.27	0.33	0.48	0.97	0.42	-0.15	0.69	0.69	0.5	0.49	0.6	0.76		0.34	0.77	0.4	1.0	0.44	0.22	0.97	0.32	1.0	0.27	0.73
Non Current Liabilities Total	0.27	0.44	0.95	0.66	0.88	0.13	0.9	0.82	-0.32	-0.12	0.92	-0.46	-0.26	0.07	0.34		0.71	0.81	0.32	0.95	0.79	0.18	0.75	0.35	0.76	0.44
Inventory	0.72	0.75	0.71	0.47	0.86	0.64	0.85	0.33	0.26	0.33	0.88	-0.03	0.18	0.47	0.77	0.71		0.76	0.74	0.83	0.71	0.62	0.73	0.79	0.61	0.73
Other Current Assets	0.31	0.42	0.85	0.49	0.84	0.2	0.86	0.73	-0.24	-0.21	0.86	-0.33	-0.22	0.08	0.4	0.81	0.76		0.37	0.86	0.82	0.21	0.8	0.41	0.63	0.38
Other Stockholder Equity	0.99	0.98	0.24	0.31	0.45	0.97	0.4	-0.15	0.68	0.67	0.48	0.49	0.58	0.75	1.0	0.32	0.74	0.37		0.41	0.18	0.96	0.28	0.99	0.23	0.75
Total Liab	0.35	0.5	0.95	0.69	0.98	0.24	0.95	0.74	-0.21	0.0	0.98	-0.42	-0.14	0.14	0.44	0.95	0.83	0.86	0.41		0.9	0.28	0.85	0.45	0.83	0.5
Property Plant And Equipment Gross	0.1	0.26	0.9	0.52	0.92	0.03	0.86	0.72	-0.32	-0.13	0.87	-0.56	-0.25	-0.02	0.22	0.79	0.71	0.82	0.18	0.9		0.06	0.92	0.23	0.85	0.28
Total Current Assets	0.96	0.94	0.08	0.29	0.32	0.99	0.22	-0.33	0.81	0.78	0.31	0.64	0.74	0.84	0.97	0.18	0.62	0.21	0.96	0.28	0.06		0.15	0.96	0.18	0.63
Short Term Debt	0.21	0.34	0.89	0.35	0.87	0.15	0.83	0.61	-0.18	-0.01	0.86	-0.39	-0.15	0.08	0.32	0.75	0.73	0.8	0.28	0.85	0.92	0.15		0.32	0.89	0.25
Common Stock	0.99	0.96	0.28	0.34	0.49	0.97	0.44	-0.14	0.69	0.68	0.52	0.5	0.6	0.76	1.0	0.35	0.79	0.41	0.99	0.45	0.23	0.96	0.32		0.28	0.73
Current Deferred Revenue	0.17	0.33	0.82	0.51	0.83	0.13	0.7	0.57	-0.12	0.1	0.78	-0.32	-0.03	0.21	0.27	0.76	0.61	0.63	0.23	0.83	0.85	0.18	0.89	0.28		0.11
Accounts Payable	0.73	0.78	0.36	0.33	0.52	0.67	0.62	0.12	0.31	0.34	0.6	0.01	0.12	0.38	0.73	0.44	0.73	0.38	0.75	0.5	0.28	0.63	0.25	0.73	0.11

Click cells to compare fundamentals

Tat Techno Account Relationship Matchups

Tat Techno fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	8.9M	8.9M	8.9M	8.9M	9.1M	6.4M
Total Assets	114.7M	116.1M	110.8M	126.7M	147.2M	75.0M
Other Current Liab	6.9M	5.6M	5.9M	7.1M	8.7M	9.1M
Total Current Liabilities	20.7M	25.2M	24.6M	29.0M	39.3M	41.3M
Total Stockholder Equity	85.4M	80.3M	76.8M	75.6M	90.7M	53.9M
Property Plant And Equipment Net	27.7M	32.5M	33.6M	45.9M	45.3M	47.6M
Net Debt	(8.9M)	(8.8M)	3.0M	22.1M	13.3M	14.0M
Retained Earnings	19.1M	13.7M	10.2M	8.6M	13.3M	7.5M
Cash	16.0M	24.1M	12.9M	7.7M	16.6M	12.9M
Non Current Assets Total	31.0M	36.7M	38.9M	51.5M	52.9M	55.5M
Non Currrent Assets Other	1.4M	1.4M	1.5M	1.1M	664K	630.8K
Cash And Short Term Investments	16.0M	24.1M	12.9M	7.7M	16.6M	14.7M
Net Receivables	21.2M	11.4M	13.9M	15.6M	20.0M	13.7M
Liabilities And Stockholders Equity	114.7M	116.1M	110.8M	126.7M	147.2M	75.0M
Non Current Liabilities Total	8.6M	10.7M	9.5M	22.1M	17.2M	18.1M
Inventory	43.9M	41.2M	41.0M	45.8M	51.3M	53.8M
Other Current Assets	2.6M	2.7M	4.2M	6.0M	6.4M	6.7M
Other Stockholder Equity	63.5M	63.6M	63.8M	64.2M	74.2M	44.7M
Total Liab	29.3M	35.8M	34.0M	51.1M	56.5M	59.4M
Property Plant And Equipment Gross	27.7M	32.5M	33.6M	45.9M	104.7M	110.0M
Total Current Assets	83.6M	79.4M	72.0M	75.2M	94.3M	54.9M
Accumulated Other Comprehensive Income	26K	128K	33K	(26K)	27K	28.4K
Short Term Debt	1.3M	6.1M	7.9M	8.9M	15.4M	16.1M
Current Deferred Revenue	513K	1.3M	1.7M	2.8M	5.2M	5.5M
Accounts Payable	12.0M	12.2M	9.1M	10.2M	10.0M	5.6M
Intangible Assets	777K	1.5M	1.8M	1.6M	1.8M	1.4M
Other Liab	2.9M	1.4M	1.5M	1.1M	1.0M	981.5K
Other Assets	1.6M	1.9M	2.8M	2.3M	2.1M	2.9M
Property Plant Equipment	27.7M	32.5M	33.6M	45.9M	52.8M	55.4M
Net Tangible Assets	83.4M	84.6M	78.8M	75.0M	67.5M	67.4M
Long Term Investments	956K	771K	695K	1.7M	2.2M	2.3M

Pair Trading with Tat Techno

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tat Techno position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tat Techno will appreciate offsetting losses from the drop in the long position's value.

Moving against Tat Stock

0.47

Ehang Holdings

Pair Corr

The ability to find closely correlated positions to Tat Techno could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tat Techno when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tat Techno - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tat Techno to buy it.

The correlation of Tat Techno is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tat Techno moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tat Techno moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tat Techno can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Tat Techno is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tat Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tat Techno Stock. Highlighted below are key reports to facilitate an investment decision about Tat Techno Stock:

How To Invest In Tat

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Is Tat Stock a good investment?

Details

What is Tat Techno's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Tat Stock analysis

When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.

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Is Tat Techno's 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 Tat Techno. If investors know Tat 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 Tat Techno listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.31)

Earnings Share

0.51

Revenue Per Share

12.698

Quarterly Revenue Growth

0.393

Return On Assets

0.0259

The market value of Tat Techno is measured differently than its book value, which is the value of Tat that is recorded on the company's balance sheet. Investors also form their own opinion of Tat Techno's value that differs from its market value or its book value, called intrinsic value, which is Tat Techno's 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 Tat Techno's market value can be influenced by many factors that don't directly affect Tat Techno's 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 Tat Techno's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tat Techno is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tat Techno's 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.

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Tat Net Income From Continuing Ops vs Ebitda Analysis

Net Income From Continuing Ops vs Ebitda

Net Income From Continuing Ops vs Ebitda Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Ebitda

Tat Techno fundamental ratios Correlations

Tat Techno Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tat Techno fundamental ratios Accounts

Pair Trading with Tat Techno

Moving against Tat Stock

Complementary Tools for Tat Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Common Stock Total Equity
Common Stock	+ 1.0	Common Stock Total Equity
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Current Assets	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 0.79	Net Debt
Retained Earnings	- 0.75	Net Debt
Cash And Short Term Investments	- 0.69	Net Debt
Cash	- 0.63	Net Debt
Property Plant And Equipment Gross	- 0.56	Non Currrent Assets Other
Non Currrent Assets Other	- 0.56	Short Long Term Debt Total