Healthcare Income Before Tax from 2010 to 2024

HCTI Stock  USD 0.83  0.06  6.74%   
Healthcare Triangle's Income Before Tax is decreasing with stable movements from year to year. Income Before Tax is estimated to finish at about -11.7 M this year. For the period between 2010 and 2024, Healthcare Triangle, Income Before Tax quarterly trend regression had median of (5,811,376) and r-value of (0.17). View All Fundamentals
 
Income Before Tax  
First Reported
2015-12-31
Previous Quarter
-1.5 M
Current Value
-1.2 M
Quarterly Volatility
1.9 M
 
Yuan Drop
 
Covid
Check Healthcare Triangle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare Triangle's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 1 M or Selling General Administrative of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 26.09. Healthcare financial statements analysis is a perfect complement when working with Healthcare Triangle Valuation or Volatility modules.
  
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.

Latest Healthcare Triangle's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Healthcare Triangle over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Healthcare Triangle income statement and is an important metric when analyzing Healthcare Triangle 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. It is Healthcare Triangle's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Healthcare Triangle's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Healthcare Income Before Tax Regression Statistics

Arithmetic Mean(4,826,289)
Coefficient Of Variation(98.27)
Mean Deviation3,601,838
Median(5,811,376)
Standard Deviation4,742,899
Sample Variance22.5T
Range14.9M
R-Value(0.17)
Mean Square Error23.5T
R-Squared0.03
Significance0.54
Slope(182,172)
Total Sum of Squares314.9T

Healthcare Income Before Tax History

2024-11.7 M
2023-12.3 M
2022-9.5 M
2021-5.9 M
20202.6 M
20171.6 M
2016-4.6 M

About Healthcare Triangle Financial Statements

Investors use fundamental indicators, such as Healthcare Triangle's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Healthcare Triangle's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax-12.3 M-11.7 M

Currently Active Assets on Macroaxis

When determining whether Healthcare Triangle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Triangle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthcare Triangle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Triangle Stock:
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies space 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 Healthcare Triangle. If investors know Healthcare 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 Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
4.813
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.55)
Return On Equity
(2.88)
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle'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 Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle'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 Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle'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.