WORK Operating Income from 2010 to 2024

WOK Stock   6.00  0.38  5.96%   
WORK Medical Operating Income yearly trend continues to be quite stable with very little volatility. The value of Operating Income is projected to decrease to about 415.9 K. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit WORK Medical Technology generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
437.8 K
Current Value
415.9 K
Quarterly Volatility
2.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WORK Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WORK Medical's main balance sheet or income statement drivers, such as Tax Provision of 40.2 K, Interest Expense of 359.7 K or Selling General Administrative of 3.1 M, as well as many indicators such as . WORK financial statements analysis is a perfect complement when working with WORK Medical Valuation or Volatility modules.
  
Check out the analysis of WORK Medical Correlation against competitors.

Latest WORK Medical's Operating Income Growth Pattern

Below is the plot of the Operating Income of WORK Medical Technology over the last few years. Operating Income is the amount of profit realized from WORK Medical Technology 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 WORK Medical Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. WORK Medical's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WORK Medical's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

WORK Operating Income Regression Statistics

Arithmetic Mean4,715,158
Geometric Mean3,345,564
Coefficient Of Variation53.17
Mean Deviation2,092,729
Median5,988,837
Standard Deviation2,506,998
Sample Variance6.3T
Range7.3M
R-Value(0.71)
Mean Square Error3.4T
R-Squared0.50
Significance0
Slope(397,960)
Total Sum of Squares88T

WORK Operating Income History

2024415.9 K
2023437.8 K
2022486.5 K
20211.8 M
20207.7 M

About WORK Medical Financial Statements

WORK Medical investors utilize fundamental indicators, such as Operating Income, to predict how WORK Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income437.8 K415.9 K

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When determining whether WORK Medical Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WORK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Work Medical Technology Stock. Highlighted below are key reports to facilitate an investment decision about Work Medical Technology Stock:
Check out the analysis of WORK Medical Correlation against competitors.
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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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK Medical'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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK Medical'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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK Medical'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.