Tat Operating Income vs Depreciation And Amortization Analysis

TATT Stock  USD 17.76  0.07  0.40%   
Tat Techno financial indicator trend analysis is much more than just breaking down Tat Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tat Techno is a good investment. Please check the relationship between Tat Techno Operating Income and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tat Techno Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tat Techno's Operating Income and Depreciation And Amortization is -0.13. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Tat Techno, assuming nothing else is changed. The correlation between historical values of Tat Techno's Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Tat Techno are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Tat Techno's Operating Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Tat Techno 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 Tat Techno 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.

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.
Most indicators from Tat Techno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tat Techno 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.At this time, Tat Techno's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit11.3M15.9M22.5M11.9M
Total Revenue78.0M84.6M113.8M119.5M

Tat Techno fundamental ratios Correlations

0.950.180.280.390.980.35-0.230.730.710.430.570.630.770.990.270.720.310.990.350.10.960.210.990.170.73
0.950.350.390.520.930.48-0.020.60.610.560.380.490.730.970.440.750.420.980.50.260.940.340.960.330.78
0.180.350.510.90.060.930.84-0.38-0.170.94-0.56-0.32-0.050.270.950.710.850.240.950.90.080.890.280.820.36
0.280.390.510.680.180.530.48-0.120.040.59-0.140.030.270.330.660.470.490.310.690.520.290.350.340.510.33
0.390.520.90.680.290.940.66-0.140.070.96-0.37-0.070.170.480.880.860.840.450.980.920.320.870.490.830.52
0.980.930.060.180.290.22-0.360.840.760.310.640.70.830.970.130.640.20.970.240.030.990.150.970.130.67
0.350.480.930.530.940.220.75-0.24-0.10.98-0.49-0.280.060.420.90.850.860.40.950.860.220.830.440.70.62
-0.23-0.020.840.480.66-0.360.75-0.75-0.630.7-0.79-0.69-0.39-0.150.820.330.73-0.150.740.72-0.330.61-0.140.570.12
0.730.6-0.38-0.12-0.140.84-0.24-0.750.8-0.150.850.820.830.69-0.320.26-0.240.68-0.21-0.320.81-0.180.69-0.120.31
0.710.61-0.170.040.070.76-0.1-0.630.80.010.660.90.650.69-0.120.33-0.210.670.0-0.130.78-0.010.680.10.34
0.430.560.940.590.960.310.980.7-0.150.01-0.39-0.160.180.50.920.880.860.480.980.870.310.860.520.780.6
0.570.38-0.56-0.14-0.370.64-0.49-0.790.850.66-0.390.80.70.49-0.46-0.03-0.330.49-0.42-0.560.64-0.390.5-0.320.01
0.630.49-0.320.03-0.070.7-0.28-0.690.820.9-0.160.80.590.6-0.260.18-0.220.58-0.14-0.250.74-0.150.6-0.030.12
0.770.73-0.050.270.170.830.06-0.390.830.650.180.70.590.760.070.470.080.750.14-0.020.840.080.760.210.38
0.990.970.270.330.480.970.42-0.150.690.690.50.490.60.760.340.770.41.00.440.220.970.321.00.270.73
0.270.440.950.660.880.130.90.82-0.32-0.120.92-0.46-0.260.070.340.710.810.320.950.790.180.750.350.760.44
0.720.750.710.470.860.640.850.330.260.330.88-0.030.180.470.770.710.760.740.830.710.620.730.790.610.73
0.310.420.850.490.840.20.860.73-0.24-0.210.86-0.33-0.220.080.40.810.760.370.860.820.210.80.410.630.38
0.990.980.240.310.450.970.4-0.150.680.670.480.490.580.751.00.320.740.370.410.180.960.280.990.230.75
0.350.50.950.690.980.240.950.74-0.210.00.98-0.42-0.140.140.440.950.830.860.410.90.280.850.450.830.5
0.10.260.90.520.920.030.860.72-0.32-0.130.87-0.56-0.25-0.020.220.790.710.820.180.90.060.920.230.850.28
0.960.940.080.290.320.990.22-0.330.810.780.310.640.740.840.970.180.620.210.960.280.060.150.960.180.63
0.210.340.890.350.870.150.830.61-0.18-0.010.86-0.39-0.150.080.320.750.730.80.280.850.920.150.320.890.25
0.990.960.280.340.490.970.44-0.140.690.680.520.50.60.761.00.350.790.410.990.450.230.960.320.280.73
0.170.330.820.510.830.130.70.57-0.120.10.78-0.32-0.030.210.270.760.610.630.230.830.850.180.890.280.11
0.730.780.360.330.520.670.620.120.310.340.60.010.120.380.730.440.730.380.750.50.280.630.250.730.11
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Tat Techno Account Relationship Matchups

Tat Techno fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.9M8.9M8.9M8.9M9.1M6.4M
Total Assets114.7M116.1M110.8M126.7M147.2M75.0M
Other Current Liab6.9M5.6M5.9M7.1M8.7M9.1M
Total Current Liabilities20.7M25.2M24.6M29.0M39.3M41.3M
Total Stockholder Equity85.4M80.3M76.8M75.6M90.7M53.9M
Property Plant And Equipment Net27.7M32.5M33.6M45.9M45.3M47.6M
Net Debt(8.9M)(8.8M)3.0M22.1M13.3M14.0M
Retained Earnings19.1M13.7M10.2M8.6M13.3M7.5M
Cash16.0M24.1M12.9M7.7M16.6M12.9M
Non Current Assets Total31.0M36.7M38.9M51.5M52.9M55.5M
Non Currrent Assets Other1.4M1.4M1.5M1.1M664K630.8K
Cash And Short Term Investments16.0M24.1M12.9M7.7M16.6M14.7M
Net Receivables21.2M11.4M13.9M15.6M20.0M13.7M
Liabilities And Stockholders Equity114.7M116.1M110.8M126.7M147.2M75.0M
Non Current Liabilities Total8.6M10.7M9.5M22.1M17.2M18.1M
Inventory43.9M41.2M41.0M45.8M51.3M53.8M
Other Current Assets2.6M2.7M4.2M6.0M6.4M6.7M
Other Stockholder Equity63.5M63.6M63.8M64.2M74.2M44.7M
Total Liab29.3M35.8M34.0M51.1M56.5M59.4M
Property Plant And Equipment Gross27.7M32.5M33.6M45.9M104.7M110.0M
Total Current Assets83.6M79.4M72.0M75.2M94.3M54.9M
Accumulated Other Comprehensive Income26K128K33K(26K)27K28.4K
Short Term Debt1.3M6.1M7.9M8.9M15.4M16.1M
Current Deferred Revenue513K1.3M1.7M2.8M5.2M5.5M
Accounts Payable12.0M12.2M9.1M10.2M10.0M5.6M
Intangible Assets777K1.5M1.8M1.6M1.8M1.4M
Other Liab2.9M1.4M1.5M1.1M1.0M981.5K
Other Assets1.6M1.9M2.8M2.3M2.1M2.9M
Property Plant Equipment27.7M32.5M33.6M45.9M52.8M55.4M
Net Tangible Assets83.4M84.6M78.8M75.0M67.5M67.4M
Long Term Investments956K771K695K1.7M2.2M2.3M

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Additional Tools for Tat Stock Analysis

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