Tat Total Operating Expenses vs Operating Income Analysis

TATT Stock

USD 15.16 0.60 3.81%

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 Total Operating Expenses and its Operating Income 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tat Techno Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Tat Techno's Total Operating Expenses and Operating Income is 0.1. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Total Operating Expenses 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 Total Operating Expenses of Tat Techno 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 Total Operating Expenses i.e., Tat Techno's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Tat Techno 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 Tat Techno 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 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

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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 together with Tat Stock

0.64

Curtiss Wright

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

Additional 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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