Tera Net Income vs Depreciation Analysis
| TERASOFT | | | 529.95 20.45 3.72% |
Tera Software financial indicator trend analysis is much more than just breaking down Tera Software Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tera Software Limited is a good investment. Please check the relationship between Tera Software Net Income and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tera Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tera Software Limited Net Income account and
Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tera Software's Net Income and Depreciation is 0.2. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Tera Software Limited, assuming nothing else is changed. The correlation between historical values of Tera Software's Net Income and Depreciation 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 Tera Software Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Tera Software's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tera Software Limited financial statement analysis. It represents the amount of money remaining after all of Tera Software Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation
Depreciation indicates how much of Tera Software Limited value has been used up. For tax purposes Tera Software can deduct the cost of the tangible assets it purchases as business expenses. However, Tera Software Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Tera Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tera Software Limited 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 Tera Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
The current
Selling General Administrative is estimated to decrease to about 1.3
M. The current
Tax Provision is estimated to decrease to about 22.7
MTera Software fundamental ratios Correlations
Click cells to compare fundamentals
Tera Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tera Software fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Tera Stock
Balance Sheet is a snapshot of the
financial position of Tera Software Limited at a specified time, usually calculated after every quarter, six months, or one year. Tera Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tera Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tera currently owns. An asset can also be divided into two categories, current and non-current.