BRT Stock | | | USD 18.57 0.25 1.36% |
BRT Realty financial indicator trend analysis is way more than just evaluating BRT Realty Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRT Realty Trust is a good investment. Please check the relationship between BRT Realty Non Operating Income Net Other and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Non Operating Income Net Other vs Gross Profit
Non Operating Income Net Other vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BRT Realty Trust Non Operating Income Net Other account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between BRT Realty's Non Operating Income Net Other and Gross Profit is 0.65. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BRT Realty Trust, assuming nothing else is changed. The correlation between historical values of BRT Realty's Non Operating Income Net Other and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of BRT Realty Trust are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., BRT Realty's Non Operating Income Net Other and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Operating Income Net Other
Gross Profit
Gross profit is a required income statement account that reflects total revenue of BRT Realty Trust minus its cost of goods sold. It is profit before BRT Realty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from BRT Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, BRT Realty's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 15.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 51.3
K in 2024.
BRT Realty fundamental ratios Correlations
Click cells to compare fundamentals
BRT Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRT Realty fundamental ratios Accounts
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Additional Tools for BRT Stock Analysis
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measure BRT Realty'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 BRT Realty is operating at the current time. Most of BRT Realty's value examination focuses on studying past and present price action to
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