Auddia Net Income vs Total Operating Expenses Analysis

AUUD Stock

USD 1.63 0.02 1.21%

Auddia financial indicator trend analysis is way more than just evaluating Auddia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auddia Inc is a good investment. Please check the relationship between Auddia Net Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Auddia Inc Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between Auddia's Net Income and Total Operating Expenses is -0.72. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Auddia Inc, assuming nothing else is changed. The correlation between historical values of Auddia's Net Income and Total Operating Expenses 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 Income of Auddia Inc are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Auddia's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Auddia Inc financial statement analysis. It represents the amount of money remaining after all of Auddia Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Auddia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auddia Inc 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 Auddia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

At present, Auddia's Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.4M	6.5M	5.5M	4.1M
Cost Of Revenue	190.2K	180.7K	2.0M	2.1M

Total Operating Expenses Cost Of Revenue

Auddia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		-0.67	0.07	-0.64	0.89	0.65	0.87	0.62	-0.87	-0.76	-0.63	0.93	0.85	0.37	0.08	0.93	-0.72	-0.16	-0.73	-0.07	0.88	-0.69	0.85	0.87	-0.67	0.91
Short Long Term Debt Total	-0.67		0.57	0.99	-0.92	-0.2	-0.43	-0.63	0.91	0.47	0.98	-0.61	-0.56	0.16	0.55	-0.61	0.18	0.32	0.17	0.72	-0.59	0.99	-0.48	-0.57	1.0	-0.62
Other Current Liab	0.07	0.57		0.66	-0.33	0.57	0.43	-0.5	0.4	-0.4	0.66	-0.09	0.33	0.84	0.91	-0.09	-0.61	0.17	-0.66	0.85	0.32	0.6	0.37	-0.13	0.57	-0.14
Total Current Liabilities	-0.64	0.99	0.66		-0.92	-0.1	-0.36	-0.7	0.92	0.38	0.99	-0.64	-0.46	0.29	0.63	-0.64	0.1	0.31	0.08	0.78	-0.49	1.0	-0.41	-0.62	0.99	-0.66
Total Stockholder Equity	0.89	-0.92	-0.33	-0.92		0.39	0.68	0.72	-0.99	-0.65	-0.91	0.84	0.72	0.04	-0.32	0.84	-0.44	-0.28	-0.44	-0.5	0.75	-0.94	0.7	0.8	-0.92	0.84
Other Liab	0.65	-0.2	0.57	-0.1	0.39		0.78	-0.19	-0.33	-0.79	-0.12	0.45	0.81	0.73	0.42	0.45	-0.96	0.35	-0.85	0.41	0.77	-0.15	0.64	0.34	-0.2	0.39
Net Tangible Assets	0.87	-0.43	0.43	-0.36	0.68	0.78		0.31	-0.6	-0.92	-0.37	0.69	0.91	0.7	0.31	0.69	-0.88	-0.02	-0.95	0.21	0.91	-0.43	0.87	0.62	-0.43	0.66
Property Plant And Equipment Net	0.62	-0.63	-0.5	-0.7	0.72	-0.19	0.31		-0.78	-0.1	-0.66	0.76	0.24	-0.29	-0.35	0.76	0.07	-0.5	-0.06	-0.46	0.32	-0.71	0.38	0.8	-0.63	0.8
Net Debt	-0.87	0.91	0.4	0.92	-0.99	-0.33	-0.6	-0.78		0.54	0.91	-0.88	-0.63	0.07	0.37	-0.88	0.36	0.27	0.36	0.52	-0.68	0.94	-0.62	-0.86	0.91	-0.89
Retained Earnings	-0.76	0.47	-0.4	0.38	-0.65	-0.79	-0.92	-0.1	0.54		0.41	-0.53	-0.91	-0.68	-0.29	-0.53	0.87	0.06	0.88	-0.06	-0.89	0.44	-0.87	-0.44	0.47	-0.48
Accounts Payable	-0.63	0.98	0.66	0.99	-0.91	-0.12	-0.37	-0.66	0.91	0.41		-0.62	-0.46	0.27	0.65	-0.62	0.13	0.23	0.1	0.76	-0.47	0.99	-0.38	-0.59	0.98	-0.64
Cash	0.93	-0.61	-0.09	-0.64	0.84	0.45	0.69	0.76	-0.88	-0.53	-0.62		0.61	0.09	-0.05	1.0	-0.52	-0.14	-0.53	-0.15	0.67	-0.67	0.67	0.99	-0.61	1.0
Non Current Assets Total	0.85	-0.56	0.33	-0.46	0.72	0.81	0.91	0.24	-0.63	-0.91	-0.46	0.61		0.71	0.29	0.61	-0.85	-0.11	-0.86	0.1	0.97	-0.51	0.9	0.5	-0.56	0.57
Non Currrent Assets Other	0.37	0.16	0.84	0.29	0.04	0.73	0.7	-0.29	0.07	-0.68	0.27	0.09	0.71		0.77	0.09	-0.8	0.1	-0.85	0.7	0.63	0.22	0.63	-0.02	0.16	0.04
Other Assets	0.08	0.55	0.91	0.63	-0.32	0.42	0.31	-0.35	0.37	-0.29	0.65	-0.05	0.29	0.77		-0.05	-0.49	-0.1	-0.52	0.78	0.3	0.58	0.44	-0.09	0.55	-0.09
Cash And Short Term Investments	0.93	-0.61	-0.09	-0.64	0.84	0.45	0.69	0.76	-0.88	-0.53	-0.62	1.0	0.61	0.09	-0.05		-0.52	-0.14	-0.53	-0.15	0.67	-0.67	0.67	0.99	-0.61	1.0
Net Receivables	-0.72	0.18	-0.61	0.1	-0.44	-0.96	-0.88	0.07	0.36	0.87	0.13	-0.52	-0.85	-0.8	-0.49	-0.52		-0.27	0.94	-0.44	-0.8	0.16	-0.74	-0.41	0.18	-0.46
Common Stock Total Equity	-0.16	0.32	0.17	0.31	-0.28	0.35	-0.02	-0.5	0.27	0.06	0.23	-0.14	-0.11	0.1	-0.1	-0.14	-0.27		-0.13	0.44	-0.26	0.31	-0.43	-0.19	0.32	-0.17
Common Stock Shares Outstanding	-0.73	0.17	-0.66	0.08	-0.44	-0.85	-0.95	-0.06	0.36	0.88	0.1	-0.53	-0.86	-0.85	-0.52	-0.53	0.94	-0.13		-0.47	-0.82	0.15	-0.8	-0.44	0.17	-0.48
Non Current Liabilities Total	-0.07	0.72	0.85	0.78	-0.5	0.41	0.21	-0.46	0.52	-0.06	0.76	-0.15	0.1	0.7	0.78	-0.15	-0.44	0.44	-0.47		0.03	0.73	0.05	-0.2	0.72	-0.19
Other Stockholder Equity	0.88	-0.59	0.32	-0.49	0.75	0.77	0.91	0.32	-0.68	-0.89	-0.47	0.67	0.97	0.63	0.3	0.67	-0.8	-0.26	-0.82	0.03		-0.55	0.95	0.6	-0.59	0.64
Total Liab	-0.69	0.99	0.6	1.0	-0.94	-0.15	-0.43	-0.71	0.94	0.44	0.99	-0.67	-0.51	0.22	0.58	-0.67	0.16	0.31	0.15	0.73	-0.55		-0.46	-0.65	0.99	-0.69
Net Invested Capital	0.85	-0.48	0.37	-0.41	0.7	0.64	0.87	0.38	-0.62	-0.87	-0.38	0.67	0.9	0.63	0.44	0.67	-0.74	-0.43	-0.8	0.05	0.95	-0.46		0.61	-0.48	0.64
Property Plant And Equipment Gross	0.87	-0.57	-0.13	-0.62	0.8	0.34	0.62	0.8	-0.86	-0.44	-0.59	0.99	0.5	-0.02	-0.09	0.99	-0.41	-0.19	-0.44	-0.2	0.6	-0.65	0.61		-0.57	0.99
Short Long Term Debt	-0.67	1.0	0.57	0.99	-0.92	-0.2	-0.43	-0.63	0.91	0.47	0.98	-0.61	-0.56	0.16	0.55	-0.61	0.18	0.32	0.17	0.72	-0.59	0.99	-0.48	-0.57		-0.62
Total Current Assets	0.91	-0.62	-0.14	-0.66	0.84	0.39	0.66	0.8	-0.89	-0.48	-0.64	1.0	0.57	0.04	-0.09	1.0	-0.46	-0.17	-0.48	-0.19	0.64	-0.69	0.64	0.99	-0.62

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Auddia Account Relationship Matchups

Auddia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9M	2.3M	9.6M	6.1M	4.4M	4.3M
Short Long Term Debt Total	6M	9.2M	11.9M	1.8M	3.0M	5.1M
Other Current Liab	1.1M	2.4M	12.3K	195.5K	957.6K	751.6K
Total Current Liabilities	11.1M	15.4M	223.2K	2.3M	4.0M	5.3M
Total Stockholder Equity	(9.2M)	(13.1M)	9.4M	3.9M	420.4K	441.4K
Net Tangible Assets	(10.6M)	(14.9M)	6.2M	(284.1K)	(326.8K)	(343.1K)
Property Plant And Equipment Net	13.6K	12.3K	72.8K	41.1K	18.1K	31.0K
Net Debt	8.9M	11.8M	(6.3M)	114.5K	2.2M	3.3M
Retained Earnings	(49.5M)	(51.4M)	(64.8M)	(71.7M)	(80.5M)	(84.6M)
Accounts Payable	772.0K	1.1M	210.9K	290.0K	424.5K	449.7K
Cash	290.2K	117.9K	6.3M	1.7M	804.6K	1.5M
Non Current Assets Total	1.6M	2.2M	3.3M	4.4M	3.6M	2.7M
Non Currrent Assets Other	202.0K	343.9K	52.9K	274.7K	203.0K	175.6K
Other Assets	202.0K	2.2M	52.9K	274.7K	315.8K	504.6K
Cash And Short Term Investments	290.2K	117.9K	6.3M	1.7M	804.6K	1.5M
Net Receivables	16.5K	128.0	87.0	137.0	494.0	469.3
Liabilities And Stockholders Equity	1.9M	2.3M	9.6M	6.1M	4.4M	4.3M
Non Current Liabilities Total	875.5K	9.9M	13.0M	210.9K	2.1M	0.0
Other Stockholder Equity	5.0M	38.3M	74.2M	75.6M	81.0M	44.1M
Total Liab	11.1M	15.4M	223.2K	2.3M	4.0M	5.5M
Net Invested Capital	(33.1M)	(1.2M)	9.4M	5.6M	3.4M	3.6M
Property Plant And Equipment Gross	13.6K	12.3K	779.8K	107.2K	109.6K	166.9K
Short Long Term Debt	6M	9.2M	11.9M	1.8M	3.0M	5.1M
Total Current Assets	306.7K	118.0K	6.3M	1.7M	834.0K	1.6M
Net Working Capital	(10.8M)	(15.3M)	6.1M	(599.9K)	(3.1M)	(3.3M)
Short Term Debt	6M	9.2M	11.9M	1.8M	3.0M	5.1M
Intangible Assets	1.3M	1.8M	3.2M	4.1M	3.3M	2.5M
Common Stock	2.3M	486.0	12.4K	12.7K	854.0	811.3
Property Plant Equipment	13.6K	12.3K	72.8K	41.1K	47.2K	32.9K
Capital Stock	35.4M	486.0	12.4K	12.7K	854.0	811.3

Pair Trading with Auddia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Auddia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Auddia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Auddia Stock

0.92	U	Unity Software Aggressive Push	Pair Corr
0.83	DT	Dynatrace Holdings LLC Financial Report 15th of May 2024	Pair Corr

Moving against Auddia Stock

0.82	ML	MoneyLion Financial Report 14th of May 2024	Pair Corr
0.55	DJCO	Daily Journal Corp	Pair Corr
0.49	KC	Kingsoft Cloud Holdi Financial Report 28th of May 2024	Pair Corr
0.48	DOCU	DocuSign Financial Report 13th of June 2024	Pair Corr

The ability to find closely correlated positions to Auddia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auddia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Auddia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Auddia Inc to buy it.

The correlation of Auddia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Auddia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auddia Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Auddia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Auddia Inc is a strong investment it is important to analyze Auddia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Auddia's future performance. For an informed investment choice regarding Auddia Stock, refer to the following important reports:

How To Invest In Auddia

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Is Auddia Stock a good investment?

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What is Auddia's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Auddia Stock analysis

When running Auddia's price analysis, check to measure Auddia'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 Auddia is operating at the current time. Most of Auddia's value examination focuses on studying past and present price action to predict the probability of Auddia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auddia's price. Additionally, you may evaluate how the addition of Auddia to your portfolios can decrease your overall portfolio volatility.

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Is Auddia's industry 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 Auddia. If investors know Auddia 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 Auddia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(12.93)

Quarterly Revenue Growth

(1.00)

Return On Assets

(0.89)

Return On Equity

(4.12)

The market value of Auddia Inc is measured differently than its book value, which is the value of Auddia that is recorded on the company's balance sheet. Investors also form their own opinion of Auddia's value that differs from its market value or its book value, called intrinsic value, which is Auddia'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 Auddia's market value can be influenced by many factors that don't directly affect Auddia'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 Auddia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Auddia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auddia'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.

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Auddia Net Income vs Total Operating Expenses Analysis

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Total Operating Expenses

Auddia fundamental ratios Correlations

Auddia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Auddia fundamental ratios Accounts

Pair Trading with Auddia

Moving together with Auddia Stock

Moving against Auddia Stock

Complementary Tools for Auddia Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Current Liabilities	+ 0.99	Short Long Term Debt Total

Net Debt	- 0.99	Total Stockholder Equity
Net Receivables	- 0.96	Other Liab
Common Stock Shares Outstanding	- 0.95	Net Tangible Assets
Total Liab	- 0.94	Total Stockholder Equity
Retained Earnings	- 0.92	Net Tangible Assets
Short Long Term Debt	- 0.92	Total Stockholder Equity