Austco Gross Profit vs Income Before Tax Analysis

AHC Stock

0.28 0.01 3.70%

Austco Healthcare financial indicator trend analysis is way more than just evaluating Austco Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austco Healthcare is a good investment. Please check the relationship between Austco Healthcare Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austco Healthcare. 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austco Healthcare Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Austco Healthcare's Gross Profit and Income Before Tax is 0.67. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Austco Healthcare, assuming nothing else is changed. The correlation between historical values of Austco Healthcare's Gross Profit 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 Gross Profit of Austco Healthcare 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 Gross Profit i.e., Austco Healthcare's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Austco Healthcare minus its cost of goods sold. It is profit before Austco Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Austco Healthcare income statement and is an important metric when analyzing Austco Healthcare 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 Austco Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austco Healthcare 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 Austco Healthcare. 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.

Issuance Of Capital Stock is likely to gain to about 11.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	68K	149K	134.1K	91.5K
Depreciation And Amortization	1.7M	2.3M	2.7M	2.8M

Interest Expense Depreciation And Amortization

Austco Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Short Term Investments	Other Stockholder Equity	Non Currrent Assets Other
Total Assets		0.28	0.56	0.95	1.0	0.95	-0.9	0.52	0.9	0.96	0.95	0.96	0.95	0.56	0.96	0.59	0.75	0.99	0.98	-0.13	0.56	0.66	0.22	0.15	0.34	0.89
Short Long Term Debt Total	0.28		-0.08	0.27	0.26	0.38	-0.16	-0.03	0.28	0.28	0.35	0.28	0.19	0.1	0.35	0.14	0.08	0.31	0.22	0.81	0.12	0.36	-0.54	0.39	0.15	0.41
Other Current Liab	0.56	-0.08		0.59	0.53	0.56	-0.63	-0.01	0.44	0.59	0.48	0.59	0.52	0.69	0.55	0.6	0.5	0.6	0.6	-0.44	-0.07	0.71	0.64	0.4	-0.22	0.49
Total Current Liabilities	0.95	0.27	0.59		0.93	0.85	-0.81	0.32	0.97	0.87	0.85	0.87	0.95	0.63	0.88	0.74	0.72	0.98	0.97	-0.1	0.37	0.72	0.27	0.3	0.23	0.83
Total Stockholder Equity	1.0	0.26	0.53	0.93		0.96	-0.91	0.57	0.87	0.97	0.96	0.97	0.95	0.55	0.95	0.55	0.76	0.96	0.97	-0.15	0.61	0.63	0.22	0.12	0.37	0.87
Property Plant And Equipment Net	0.95	0.38	0.56	0.85	0.96		-0.9	0.58	0.76	0.95	0.98	0.95	0.85	0.47	0.97	0.46	0.68	0.92	0.9	-0.08	0.59	0.6	0.16	0.08	0.31	0.91
Net Debt	-0.9	-0.16	-0.63	-0.81	-0.91	-0.9		-0.44	-0.71	-0.97	-0.85	-0.97	-0.81	-0.7	-0.84	-0.54	-0.86	-0.84	-0.9	0.32	-0.54	-0.7	-0.47	-0.19	-0.21	-0.68
Retained Earnings	0.52	-0.03	-0.01	0.32	0.57	0.58	-0.44		0.32	0.46	0.67	0.46	0.44	-0.14	0.57	-0.01	0.21	0.43	0.39	-0.22	0.87	-0.13	-0.06	-0.62	0.54	0.59
Accounts Payable	0.9	0.28	0.44	0.97	0.87	0.76	-0.71	0.32		0.78	0.79	0.78	0.92	0.57	0.79	0.78	0.67	0.93	0.92	-0.04	0.39	0.66	0.2	0.29	0.31	0.76
Cash	0.96	0.28	0.59	0.87	0.97	0.95	-0.97	0.46	0.78		0.9	1.0	0.86	0.61	0.92	0.5	0.82	0.92	0.94	-0.17	0.53	0.68	0.31	0.18	0.25	0.8
Non Current Assets Total	0.95	0.35	0.48	0.85	0.96	0.98	-0.85	0.67	0.79	0.9		0.9	0.87	0.39	0.97	0.44	0.59	0.93	0.88	-0.09	0.69	0.53	0.09	-0.01	0.42	0.93
Cash And Short Term Investments	0.96	0.28	0.59	0.87	0.97	0.95	-0.97	0.46	0.78	1.0	0.9		0.86	0.61	0.92	0.5	0.82	0.92	0.94	-0.17	0.53	0.68	0.31	0.18	0.25	0.8
Net Receivables	0.95	0.19	0.52	0.95	0.95	0.85	-0.81	0.44	0.92	0.86	0.87	0.86		0.6	0.87	0.63	0.72	0.95	0.96	-0.15	0.52	0.67	0.23	0.23	0.36	0.81
Common Stock Shares Outstanding	0.56	0.1	0.69	0.63	0.55	0.47	-0.7	-0.14	0.57	0.61	0.39	0.61	0.6		0.4	0.81	0.77	0.56	0.68	-0.28	0.07	0.93	0.63	0.74	-0.07	0.25
Non Current Liabilities Total	0.96	0.35	0.55	0.88	0.95	0.97	-0.84	0.57	0.79	0.92	0.97	0.92	0.87	0.4		0.43	0.6	0.95	0.89	-0.08	0.54	0.57	0.12	0.05	0.31	0.96
Inventory	0.59	0.14	0.6	0.74	0.55	0.46	-0.54	-0.01	0.78	0.5	0.44	0.5	0.63	0.81	0.43		0.6	0.64	0.69	-0.15	0.07	0.8	0.5	0.6	0.05	0.39
Other Current Assets	0.75	0.08	0.5	0.72	0.76	0.68	-0.86	0.21	0.67	0.82	0.59	0.82	0.72	0.77	0.6	0.6		0.69	0.83	-0.24	0.32	0.69	0.46	0.36	0.11	0.45
Total Liab	0.99	0.31	0.6	0.98	0.96	0.92	-0.84	0.43	0.93	0.92	0.93	0.92	0.95	0.56	0.95	0.64	0.69		0.97	-0.1	0.45	0.68	0.22	0.21	0.27	0.9
Total Current Assets	0.98	0.22	0.6	0.97	0.97	0.9	-0.9	0.39	0.92	0.94	0.88	0.94	0.96	0.68	0.89	0.69	0.83	0.97		-0.16	0.46	0.74	0.33	0.28	0.26	0.8
Short Term Debt	-0.13	0.81	-0.44	-0.1	-0.15	-0.08	0.32	-0.22	-0.04	-0.17	-0.09	-0.17	-0.15	-0.28	-0.08	-0.15	-0.24	-0.1	-0.16		-0.14	-0.07	-0.76	0.21	0.07	0.04
Intangible Assets	0.56	0.12	-0.07	0.37	0.61	0.59	-0.54	0.87	0.39	0.53	0.69	0.53	0.52	0.07	0.54	0.07	0.32	0.45	0.46	-0.14		0.06	-0.08	-0.37	0.71	0.47
Common Stock	0.66	0.36	0.71	0.72	0.63	0.6	-0.7	-0.13	0.66	0.68	0.53	0.68	0.67	0.93	0.57	0.8	0.69	0.68	0.74	-0.07	0.06		0.42	0.81	0.0	0.46
Good Will	0.22	-0.54	0.64	0.27	0.22	0.16	-0.47	-0.06	0.2	0.31	0.09	0.31	0.23	0.63	0.12	0.5	0.46	0.22	0.33	-0.76	-0.08	0.42		0.16	-0.36	-0.04
Short Term Investments	0.15	0.39	0.4	0.3	0.12	0.08	-0.19	-0.62	0.29	0.18	-0.01	0.18	0.23	0.74	0.05	0.6	0.36	0.21	0.28	0.21	-0.37	0.81	0.16		-0.16	-0.01
Other Stockholder Equity	0.34	0.15	-0.22	0.23	0.37	0.31	-0.21	0.54	0.31	0.25	0.42	0.25	0.36	-0.07	0.31	0.05	0.11	0.27	0.26	0.07	0.71	0.0	-0.36	-0.16		0.3
Non Currrent Assets Other	0.89	0.41	0.49	0.83	0.87	0.91	-0.68	0.59	0.76	0.8	0.93	0.8	0.81	0.25	0.96	0.39	0.45	0.9	0.8	0.04	0.47	0.46	-0.04	-0.01	0.3

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Austco Healthcare Account Relationship Matchups

Austco Healthcare fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	27.2M	34.0M	37.9M	68.7M	79.0M	83.0M
Short Long Term Debt Total	1.2M	979K	524K	1.8M	1.6M	1.3M
Other Current Liab	1.4M	1.5M	1.6M	3.6M	4.2M	2.3M
Total Current Liabilities	7.2M	10.5M	12.6M	17.1M	19.6M	20.6M
Total Stockholder Equity	19.3M	23.1M	25.0M	44.4M	51.0M	53.6M
Property Plant And Equipment Net	1.2M	1.1M	848K	3.5M	3.1M	3.3M
Net Debt	(6.6M)	(6.6M)	(4.1M)	(11.8M)	(10.6M)	(10.1M)
Retained Earnings	(21.3M)	(18.9M)	(17.9M)	(10.6M)	(9.6M)	(10.0M)
Accounts Payable	3.6M	6.7M	8.3M	9.3M	10.7M	11.3M
Cash	7.8M	7.6M	4.7M	13.6M	15.6M	16.4M
Non Current Assets Total	5.5M	6.7M	8.1M	28.1M	25.3M	26.6M
Cash And Short Term Investments	7.8M	7.6M	4.7M	13.6M	15.6M	16.4M
Net Receivables	6.7M	8.2M	12.8M	14.5M	16.7M	17.5M
Common Stock Shares Outstanding	285.0M	285.1M	291.5M	309.0M	355.3M	199.3M
Liabilities And Stockholders Equity	27.2M	34.0M	37.9M	68.7M	79.0M	83.0M
Non Current Liabilities Total	643K	456K	215K	7.3M	8.4M	8.8M
Inventory	5.1M	9.2M	10.8M	10.7M	12.3M	6.2M
Other Current Assets	2.1M	2.3M	1.5M	1.8M	2.1M	2.2M
Total Liab	7.9M	10.9M	12.9M	24.3M	28.0M	29.4M
Total Current Assets	21.7M	27.3M	29.8M	40.6M	46.7M	49.0M
Short Term Debt	538K	559K	401K	573K	515.7K	976K
Intangible Assets	3.6M	4.7M	5.5M	6.3M	5.6M	5.3M
Other Stockholder Equity	(430K)	(863K)	273K	1.0	0.9	0.95
Non Currrent Assets Other	(1.2M)	(1.1M)	(848K)	10.2M	11.7M	12.3M
Accumulated Other Comprehensive Income	(863K)	273K	668.0K	539K	619.9K	650.8K
Other Assets	4.4M	5.6M	7.2M	1.0	1.15	1.09
Long Term Debt Total	565K	615K	420K	123K	141.5K	243.0K
Property Plant Equipment	1.3M	1.2M	1.1M	848K	975.2K	914.5K
Other Liab	15K	28K	36K	52K	59.8K	30.0K
Net Tangible Assets	16.3M	19.3M	23.1M	25.0M	28.7M	17.6M
Net Invested Capital	19.3M	23.1M	25.0M	44.5M	51.1M	53.7M
Cash And Equivalents	6.4M	7.8M	7.6M	4.7M	5.4M	5.1M
Net Working Capital	14.4M	16.9M	17.2M	23.5M	27.0M	14.8M
Deferred Long Term Liab	2.9M	3.6M	4.7M	5.5M	6.3M	3.5M

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