NFT Income Before Tax vs Total Revenue Analysis
| MI Stock | 6.76 0.08 1.17% |
NFT financial indicator trend analysis is infinitely more than just investigating NFT Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NFT Limited is a good investment. Please check the relationship between NFT Income Before Tax and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NFT Limited Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NFT's Income Before Tax and Total Revenue is 0.17. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of NFT Limited, assuming nothing else is changed. The correlation between historical values of NFT's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of NFT Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., NFT's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on NFT income statement and is an important metric when analyzing NFT Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts NFT Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from NFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NFT Limited 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The NFT's current Selling General Administrative is estimated to increase to about 3.8 M, while Tax Provision is projected to decrease to under 93.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.3M | 2.7M | 2.5M | 4.2M | Cost Of Revenue | 117.0 | 782.8K | 556.6K | 513.0K |
NFT fundamental ratios Correlations
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NFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in NFT Stock
When determining whether NFT Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NFT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nft Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nft Limited Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is IT Consulting & Other Services space 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 NFT. If investors know NFT 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 NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (130.50) | Revenue Per Share 3.291 | Quarterly Revenue Growth (0.59) | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT'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 NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.