TruBridge Gross Profit from 2010 to 2024

TBRG Stock  USD 16.01  0.51  3.09%   
TruBridge's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is predicted to flatten to about 94.2 M. Gross Profit is the profit TruBridge makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-12-31
Previous Quarter
31.9 M
Current Value
41.5 M
Quarterly Volatility
12.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TruBridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TruBridge's main balance sheet or income statement drivers, such as Interest Expense of 13.1 M, Selling General Administrative of 80 M or Total Revenue of 198.8 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0126 or PTB Ratio of 0.81. TruBridge financial statements analysis is a perfect complement when working with TruBridge Valuation or Volatility modules.
  
Check out the analysis of TruBridge Correlation against competitors.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.

Latest TruBridge's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of TruBridge over the last few years. Gross profit is a required income statement account that reflects total revenue of TruBridge minus its cost of goods sold. It is profit before TruBridge operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. TruBridge's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TruBridge's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 154.44 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

TruBridge Gross Profit Regression Statistics

Arithmetic Mean114,048,473
Geometric Mean102,749,680
Coefficient Of Variation36.31
Mean Deviation35,274,429
Median133,139,000
Standard Deviation41,413,749
Sample Variance1715.1T
Range145.8M
R-Value0.73
Mean Square Error857.2T
R-Squared0.54
Significance0
Slope6,779,009
Total Sum of Squares24011.4T

TruBridge Gross Profit History

202494.2 M
2023163.6 M
2022160.1 M
2021144.8 M
2020136.2 M
2019133.1 M
2018149.7 M

Other Fundumenentals of TruBridge

TruBridge Gross Profit component correlations

0.850.94-0.210.940.940.980.420.89-0.140.620.70.46-0.930.930.760.420.43-0.43-0.650.690.640.64
0.850.660.060.750.660.740.520.910.050.760.750.47-0.770.930.510.380.56-0.38-0.60.520.490.42
0.940.66-0.440.881.00.990.270.79-0.320.440.60.43-0.950.850.770.410.25-0.38-0.490.680.660.65
-0.210.06-0.44-0.26-0.42-0.360.24-0.150.370.16-0.1-0.280.41-0.24-0.09-0.640.11-0.280.140.16-0.17-0.03
0.940.750.88-0.260.890.930.50.85-0.030.480.660.38-0.810.850.720.330.46-0.38-0.710.640.660.7
0.940.661.0-0.420.890.990.320.79-0.320.430.610.38-0.940.840.780.390.29-0.4-0.480.690.680.67
0.980.740.99-0.360.930.990.360.84-0.240.520.660.44-0.950.890.770.420.34-0.39-0.560.70.670.66
0.420.520.270.240.50.320.360.640.370.570.80.07-0.190.430.37-0.070.56-0.35-0.210.490.60.51
0.890.910.79-0.150.850.790.840.64-0.030.710.820.47-0.80.960.690.390.47-0.5-0.610.660.750.67
-0.140.05-0.320.37-0.03-0.32-0.240.37-0.030.320.10.310.28-0.18-0.39-0.10.380.34-0.06-0.26-0.27-0.23
0.620.760.440.160.480.430.520.570.710.320.760.45-0.520.650.370.360.6-0.26-0.380.430.330.25
0.70.750.6-0.10.660.610.660.80.820.10.760.26-0.60.740.460.290.64-0.23-0.30.50.590.4
0.460.470.43-0.280.380.380.440.070.470.310.450.26-0.50.480.160.590.050.17-0.350.130.170.06
-0.93-0.77-0.950.41-0.81-0.94-0.95-0.19-0.80.28-0.52-0.6-0.5-0.89-0.63-0.48-0.330.310.44-0.54-0.49-0.46
0.930.930.85-0.240.850.840.890.430.96-0.180.650.740.48-0.890.650.490.42-0.4-0.640.60.650.57
0.760.510.77-0.090.720.780.770.370.69-0.390.370.460.16-0.630.650.120.11-0.78-0.520.820.80.87
0.420.380.41-0.640.330.390.42-0.070.39-0.10.360.290.59-0.480.490.120.220.24-0.49-0.120.14-0.08
0.430.560.250.110.460.290.340.560.470.380.60.640.05-0.330.420.110.22-0.04-0.240.090.090.04
-0.43-0.38-0.38-0.28-0.38-0.4-0.39-0.35-0.50.34-0.26-0.230.170.31-0.4-0.780.24-0.040.28-0.68-0.59-0.77
-0.65-0.6-0.490.14-0.71-0.48-0.56-0.21-0.61-0.06-0.38-0.3-0.350.44-0.64-0.52-0.49-0.240.28-0.29-0.42-0.48
0.690.520.680.160.640.690.70.490.66-0.260.430.50.13-0.540.60.82-0.120.09-0.68-0.290.810.86
0.640.490.66-0.170.660.680.670.60.75-0.270.330.590.17-0.490.650.80.140.09-0.59-0.420.810.9
0.640.420.65-0.030.70.670.660.510.67-0.230.250.40.06-0.460.570.87-0.080.04-0.77-0.480.860.9
Click cells to compare fundamentals

About TruBridge Financial Statements

TruBridge stakeholders use historical fundamental indicators, such as TruBridge's Gross Profit, to determine how well the company is positioned to perform in the future. Although TruBridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in TruBridge's assets and liabilities are reflected in the revenues and expenses on TruBridge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TruBridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit163.6 M94.2 M
Gross Profit Margin 0.48  0.40 

Currently Active Assets on Macroaxis

When determining whether TruBridge is a strong investment it is important to analyze TruBridge'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 TruBridge's future performance. For an informed investment choice regarding TruBridge Stock, refer to the following important reports:
Check out the analysis of TruBridge Correlation against competitors.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Health Care Technology 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 TruBridge. If investors know TruBridge 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 TruBridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Earnings Share
(4.09)
Revenue Per Share
23.665
Quarterly Revenue Growth
0.014
Return On Assets
(0.01)
The market value of TruBridge is measured differently than its book value, which is the value of TruBridge that is recorded on the company's balance sheet. Investors also form their own opinion of TruBridge's value that differs from its market value or its book value, called intrinsic value, which is TruBridge'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 TruBridge's market value can be influenced by many factors that don't directly affect TruBridge'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 TruBridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if TruBridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TruBridge'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.