ALOT Stock | | | USD 15.19 0.33 2.22% |
AstroNova financial indicator trend analysis is way more than just evaluating AstroNova prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstroNova is a good investment. Please check the relationship between AstroNova Net Interest Income and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy AstroNova Stock please use our
How to Invest in AstroNova guide.
Net Interest Income vs Total Revenue
Net Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AstroNova Net Interest Income account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AstroNova's Net Interest Income and Total Revenue is -0.7. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of AstroNova, assuming nothing else is changed. The correlation between historical values of AstroNova's Net Interest Income 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 Net Interest Income of AstroNova 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 Net Interest Income i.e., AstroNova's Net Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
Total Revenue
Total revenue comprises all receipts AstroNova 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 AstroNova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstroNova 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 AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy AstroNova Stock please use our
How to Invest in AstroNova guide.At this time, AstroNova's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 19.59 in 2024, whereas
Tax Provision is likely to drop slightly above 1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 43.7M | 48.2M | 53.7M | 28.9M | Total Revenue | 117.5M | 142.5M | 148.1M | 155.5M |
AstroNova fundamental ratios Correlations
Click cells to compare fundamentals
AstroNova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AstroNova fundamental ratios Accounts
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Additional Tools for AstroNova Stock Analysis
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measure AstroNova'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 AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to
predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.