MKDWELL Ebitda vs Income Before Tax Analysis

MKDW Stock   1.43  0.15  11.72%   
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Ebitda and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between MKDWELL Tech's Ebitda and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Ebitda and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of MKDWELL Tech Ordinary are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebitda i.e., MKDWELL Tech's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MKDWELL Tech income statement and is an important metric when analyzing MKDWELL Tech Ordinary 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.
Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense304.1K390.0K244.4K250.3K
Depreciation And Amortization600.6K528.1K563.0K451.1K

MKDWELL Tech fundamental ratios Correlations

-0.440.860.94-0.84-0.13-0.66-0.470.860.96-0.340.970.850.95-0.34-0.640.80.940.930.910.88-0.730.970.62-0.59-0.62
-0.44-0.58-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.670.93-0.32-0.970.970.89
0.86-0.580.81-1.00.09-0.88-0.580.890.88-0.570.880.930.97-0.57-0.830.670.980.950.980.99-0.770.910.66-0.61-0.86
0.94-0.130.81-0.820.2-0.46-0.150.650.99-0.050.820.670.87-0.05-0.410.540.860.80.90.78-0.460.980.32-0.27-0.42
-0.840.51-1.0-0.82-0.180.840.51-0.84-0.880.51-0.84-0.88-0.950.510.79-0.6-0.96-0.92-0.99-0.970.7-0.91-0.580.530.82
-0.130.630.090.2-0.180.240.66-0.380.160.53-0.31-0.3-0.070.530.34-0.66-0.04-0.20.16-0.050.560.1-0.670.710.24
-0.660.89-0.88-0.460.840.240.88-0.93-0.570.89-0.8-0.95-0.840.890.99-0.77-0.84-0.88-0.78-0.910.92-0.64-0.880.851.0
-0.471.0-0.58-0.150.510.660.88-0.85-0.260.97-0.68-0.83-0.610.970.92-0.85-0.6-0.71-0.46-0.670.95-0.35-0.980.980.88
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0.96-0.240.880.99-0.880.16-0.57-0.260.74-0.180.870.760.92-0.18-0.520.60.920.860.950.86-0.551.00.41-0.37-0.54
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.18-0.57-0.77-0.541.00.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
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0.85-0.820.930.67-0.88-0.3-0.95-0.831.00.76-0.770.950.95-0.77-0.940.890.950.980.870.97-0.950.810.89-0.86-0.93
0.95-0.590.970.87-0.95-0.07-0.84-0.610.930.92-0.540.960.95-0.54-0.810.791.00.990.970.98-0.820.950.71-0.67-0.81
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.181.0-0.57-0.77-0.540.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
-0.640.93-0.83-0.410.790.340.990.92-0.93-0.520.93-0.79-0.94-0.810.93-0.81-0.81-0.87-0.73-0.880.95-0.59-0.920.90.99
0.8-0.820.670.54-0.6-0.66-0.77-0.850.930.6-0.720.910.890.79-0.72-0.810.770.860.630.77-0.950.650.94-0.93-0.75
0.94-0.590.980.86-0.96-0.04-0.84-0.60.930.92-0.540.950.951.0-0.54-0.810.770.990.980.99-0.810.950.7-0.66-0.82
0.93-0.70.950.8-0.92-0.2-0.88-0.710.980.86-0.640.980.980.99-0.64-0.870.860.990.930.98-0.890.90.81-0.77-0.86
0.91-0.450.980.9-0.990.16-0.78-0.460.840.95-0.420.880.870.97-0.42-0.730.630.980.930.96-0.690.960.56-0.51-0.76
0.88-0.670.990.78-0.97-0.05-0.91-0.670.940.86-0.640.930.970.98-0.64-0.880.770.990.980.96-0.850.90.75-0.71-0.89
-0.730.93-0.77-0.460.70.560.920.95-0.97-0.550.88-0.88-0.95-0.820.880.95-0.95-0.81-0.89-0.69-0.85-0.62-0.990.980.91
0.97-0.320.910.98-0.910.1-0.64-0.350.791.0-0.260.90.810.95-0.26-0.590.650.950.90.960.9-0.620.49-0.45-0.6
0.62-0.970.660.32-0.58-0.67-0.88-0.980.920.41-0.920.80.890.71-0.92-0.920.940.70.810.560.75-0.990.49-1.0-0.88
-0.590.97-0.61-0.270.530.710.850.98-0.89-0.370.91-0.78-0.86-0.670.910.9-0.93-0.66-0.77-0.51-0.710.98-0.45-1.00.85
-0.620.89-0.86-0.420.820.241.00.88-0.91-0.540.91-0.77-0.93-0.810.910.99-0.75-0.82-0.86-0.76-0.890.91-0.6-0.880.85
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MKDWELL Tech Account Relationship Matchups

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