PLXS Stock | | | USD 161.65 0.52 0.32% |
Plexus Corp financial indicator trend analysis is much more than just breaking down Plexus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plexus Corp is a good investment. Please check the relationship between Plexus Corp Depreciation And Amortization and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Plexus Stock please use our
How to Invest in Plexus Corp guide.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plexus Corp Depreciation And Amortization account and
Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Plexus Corp's Depreciation And Amortization and Operating Income is 0.02. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Plexus Corp, assuming nothing else is changed. The correlation between historical values of Plexus Corp's Depreciation And Amortization 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 Depreciation And Amortization of Plexus Corp 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 Depreciation And Amortization i.e., Plexus Corp's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Operating Income
Operating Income is the amount of profit realized from Plexus Corp 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 Plexus Corp 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 Plexus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plexus Corp 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Plexus Stock please use our
How to Invest in Plexus Corp guide.At this time, Plexus Corp's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 19.5
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.63 in 2024.
Plexus Corp fundamental ratios Correlations
Click cells to compare fundamentals
Plexus Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plexus Corp fundamental ratios Accounts
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Additional Tools for Plexus Stock Analysis
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measure Plexus Corp'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 Plexus Corp is operating at the current time. Most of Plexus Corp's value examination focuses on studying past and present price action to
predict the probability of Plexus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plexus Corp's price. Additionally, you may evaluate how the addition of Plexus Corp to your portfolios can decrease your overall portfolio volatility.