0QFP Stock | | | 5,040 0.00 0.00% |
Gedeon Richter financial indicator trend analysis is much more than just examining Gedeon Richter PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gedeon Richter PLC is a good investment. Please check the relationship between Gedeon Richter Net Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gedeon Richter PLC Net Income account and
Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Gedeon Richter's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Gedeon Richter PLC, assuming nothing else is changed. The correlation between historical values of Gedeon Richter's Net Income and Income Before Tax 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 Gedeon Richter PLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Gedeon Richter's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Gedeon Richter PLC financial statement analysis. It represents the amount of money remaining after all of Gedeon Richter PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Gedeon Richter income statement and is an important metric when analyzing Gedeon Richter PLC 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.
Most indicators from Gedeon Richter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gedeon Richter PLC 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 5.4
B in 2024.
Selling General Administrative is likely to drop to about 150.7
B in 2024
Gedeon Richter fundamental ratios Correlations
Click cells to compare fundamentals
Gedeon Richter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gedeon Richter fundamental ratios Accounts
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Additional Tools for Gedeon Stock Analysis
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measure Gedeon Richter'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 Gedeon Richter is operating at the current time. Most of Gedeon Richter's value examination focuses on studying past and present price action to
predict the probability of Gedeon Richter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gedeon Richter's price. Additionally, you may evaluate how the addition of Gedeon Richter to your portfolios can decrease your overall portfolio volatility.