Akso Operating Income vs Income Before Tax Analysis

AHG Stock

USD 0.86 0.02 2.27%

Akso Health financial indicator trend analysis is way more than just evaluating Akso Health Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akso Health Group is a good investment. Please check the relationship between Akso Health Operating Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akso Health Group Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Akso Health's Operating Income and Income Before Tax is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Akso Health Group, assuming nothing else is changed. The correlation between historical values of Akso Health's Operating 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 Operating Income of Akso Health Group 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 Operating Income i.e., Akso Health's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Akso Health Group 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 Akso Health Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Akso Health income statement and is an important metric when analyzing Akso Health Group 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 Akso Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Akso Health's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Akso Health's current Enterprise Value Over EBITDA is estimated to increase to 6.95, while Sales General And Administrative To Revenue is projected to decrease to 2.06.

	2021	2022	2023	2024 (projected)
Gross Profit	916.2K	1.3M	122.1K	116.0K
Total Revenue	6.3M	13.2M	2.4M	2.3M

Gross Profit Total Revenue

Akso Health fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Non Current Liabilities Total	Net Invested Capital	Net Working Capital	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Other Liab
Common Stock Shares Outstanding		0.37	-0.28	-0.3	0.65	-0.33	-0.53	-0.61	0.36	-0.26	-0.95	0.36	0.77	-0.12	0.96	-0.3	0.46	0.99	-0.63	-0.51	0.11	0.16	-0.94	-0.61	-0.86	-0.94
Total Assets	0.37		0.41	0.35	0.91	0.48	-0.77	0.34	0.88	0.4	-0.27	0.88	0.8	0.09	0.54	0.51	0.94	0.39	-0.15	-0.39	0.23	0.02	-0.31	0.11	-0.21	-0.31
Other Current Liab	-0.28	0.41		0.94	0.15	0.29	-0.23	0.35	0.33	0.32	0.39	0.33	0.12	-0.05	-0.13	0.83	0.34	-0.29	0.07	-0.12	-0.17	-0.29	0.3	0.19	0.17	0.3
Total Current Liabilities	-0.3	0.35	0.94		0.07	0.21	-0.15	0.23	0.28	0.26	0.36	0.28	0.08	-0.07	-0.11	0.86	0.31	-0.33	-0.12	-0.3	-0.44	-0.55	0.35	0.01	0.05	0.35
Total Stockholder Equity	0.65	0.91	0.15	0.07		0.27	-0.87	0.15	0.85	0.2	-0.55	0.85	0.89	-0.01	0.75	0.2	0.9	0.67	-0.23	-0.37	0.36	0.22	-0.64	-0.05	-0.41	-0.64
Property Plant And Equipment Net	-0.33	0.48	0.29	0.21	0.27		0.01	0.62	0.2	0.7	0.47	0.2	0.29	0.73	-0.17	0.64	0.28	-0.3	0.22	-0.12	0.11	-0.16	0.28	0.62	0.51	0.28
Net Debt	-0.53	-0.77	-0.23	-0.15	-0.87	0.01		-0.18	-0.95	0.17	0.53	-0.95	-0.65	0.26	-0.61	-0.03	-0.89	-0.56	0.11	0.08	-0.34	-0.35	0.52	0.15	0.37	0.52
Retained Earnings	-0.61	0.34	0.35	0.23	0.15	0.62	-0.18		0.32	0.55	0.67	0.32	-0.19	0.03	-0.55	0.36	0.19	-0.57	0.8	0.53	0.5	0.32	0.51	0.88	0.81	0.51
Cash	0.36	0.88	0.33	0.28	0.85	0.2	-0.95	0.32		0.0	-0.36	1.0	0.63	-0.14	0.49	0.23	0.96	0.39	-0.08	-0.14	0.25	0.19	-0.29	-0.03	-0.24	-0.29
Non Current Assets Total	-0.26	0.4	0.32	0.26	0.2	0.7	0.17	0.55	0.0		0.47	0.0	0.16	0.24	-0.2	0.63	0.08	-0.26	0.32	-0.14	0.25	-0.1	0.24	0.69	0.43	0.24
Non Currrent Assets Other	-0.95	-0.27	0.39	0.36	-0.55	0.47	0.53	0.67	-0.36	0.47		-0.36	-0.65	0.19	-0.92	0.45	-0.43	-0.96	0.65	0.45	-0.04	-0.15	0.89	0.73	0.9	0.89
Cash And Short Term Investments	0.36	0.88	0.33	0.28	0.85	0.2	-0.95	0.32	1.0	0.0	-0.36		0.63	-0.14	0.49	0.23	0.96	0.39	-0.08	-0.14	0.25	0.19	-0.29	-0.03	-0.24	-0.29
Net Receivables	0.77	0.8	0.12	0.08	0.89	0.29	-0.65	-0.19	0.63	0.16	-0.65	0.63		0.26	0.88	0.27	0.78	0.77	-0.57	-0.68	0.06	-0.07	-0.73	-0.3	-0.61	-0.73
Other Current Assets	-0.12	0.09	-0.05	-0.07	-0.01	0.73	0.26	0.03	-0.14	0.24	0.19	-0.14	0.26		0.0	0.31	0.01	-0.1	-0.19	-0.29	-0.23	-0.31	0.1	0.14	0.21	0.1
Other Stockholder Equity	0.96	0.54	-0.13	-0.11	0.75	-0.17	-0.61	-0.55	0.49	-0.2	-0.92	0.49	0.88	0.0		-0.08	0.62	0.95	-0.73	-0.67	-0.03	-0.02	-0.89	-0.64	-0.88	-0.89
Total Liab	-0.3	0.51	0.83	0.86	0.2	0.64	-0.03	0.36	0.23	0.63	0.45	0.23	0.27	0.31	-0.08		0.34	-0.32	-0.1	-0.44	-0.34	-0.59	0.33	0.25	0.18	0.33
Total Current Assets	0.46	0.94	0.34	0.31	0.9	0.28	-0.89	0.19	0.96	0.08	-0.43	0.96	0.78	0.01	0.62	0.34		0.48	-0.26	-0.36	0.14	0.04	-0.36	-0.11	-0.35	-0.36
Common Stock	0.99	0.39	-0.29	-0.33	0.67	-0.3	-0.56	-0.57	0.39	-0.26	-0.96	0.39	0.77	-0.1	0.95	-0.32	0.48		-0.58	-0.46	0.18	0.23	-0.95	-0.57	-0.83	-0.95
Net Tangible Assets	-0.63	-0.15	0.07	-0.12	-0.23	0.22	0.11	0.8	-0.08	0.32	0.65	-0.08	-0.57	-0.19	-0.73	-0.1	-0.26	-0.58		0.89	0.69	0.63	0.5	0.88	0.87	0.5
Non Current Liabilities Total	-0.51	-0.39	-0.12	-0.3	-0.37	-0.12	0.08	0.53	-0.14	-0.14	0.45	-0.14	-0.68	-0.29	-0.67	-0.44	-0.36	-0.46	0.89		0.61	0.72	0.4	0.58	0.7	0.4
Net Invested Capital	0.11	0.23	-0.17	-0.44	0.36	0.11	-0.34	0.5	0.25	0.25	-0.04	0.25	0.06	-0.23	-0.03	-0.34	0.14	0.18	0.69	0.61		0.93	-0.23	0.61	0.35	-0.23
Net Working Capital	0.16	0.02	-0.29	-0.55	0.22	-0.16	-0.35	0.32	0.19	-0.1	-0.15	0.19	-0.07	-0.31	-0.02	-0.59	0.04	0.23	0.63	0.72	0.93		-0.27	0.4	0.25	-0.27
Intangible Assets	-0.94	-0.31	0.3	0.35	-0.64	0.28	0.52	0.51	-0.29	0.24	0.89	-0.29	-0.73	0.1	-0.89	0.33	-0.36	-0.95	0.5	0.4	-0.23	-0.27		0.5	0.75	1.0
Property Plant Equipment	-0.61	0.11	0.19	0.01	-0.05	0.62	0.15	0.88	-0.03	0.69	0.73	-0.03	-0.3	0.14	-0.64	0.25	-0.11	-0.57	0.88	0.58	0.61	0.4	0.5		0.9	0.5
Short Long Term Debt Total	-0.86	-0.21	0.17	0.05	-0.41	0.51	0.37	0.81	-0.24	0.43	0.9	-0.24	-0.61	0.21	-0.88	0.18	-0.35	-0.83	0.87	0.7	0.35	0.25	0.75	0.9		0.75
Other Liab	-0.94	-0.31	0.3	0.35	-0.64	0.28	0.52	0.51	-0.29	0.24	0.89	-0.29	-0.73	0.1	-0.89	0.33	-0.36	-0.95	0.5	0.4	-0.23	-0.27	1.0	0.5	0.75

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Akso Health Account Relationship Matchups

Akso Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	16.3M	16.3M	19.9M	22.9M	47.2M	49.5M
Total Assets	78.4M	31.7M	50.7M	20.5M	142.0M	86.9M
Other Current Liab	9.3M	4.1M	38.4M	1.8M	3.1M	2.9M
Total Current Liabilities	10.2M	14.4M	38.4M	11.6M	3.6M	3.4M
Total Stockholder Equity	48.1M	17.3M	12.3M	8.7M	138.4M	145.3M
Property Plant And Equipment Net	1.3M	1.6M	66.9K	55.4K	49.9K	47.4K
Net Debt	9.9M	(5.1M)	(21.9M)	1.8M	(85.2M)	(80.9M)
Retained Earnings	(1.4M)	(36.3M)	(53.1M)	(54.5M)	(63.9M)	(60.7M)
Cash	10.9M	15.1M	21.9M	7.9M	85.2M	43.8M
Non Current Assets Total	28.5M	1.6M	55.4K	(272.1K)	402.9K	382.8K
Non Currrent Assets Other	25.2M	(30.2M)	177.0K	(20.7M)	(141.6M)	(134.5M)
Cash And Short Term Investments	10.9M	15.1M	21.9M	7.9M	85.2M	43.8M
Net Receivables	37.8M	10.4M	20.0M	7.7M	56.3M	59.1M
Liabilities And Stockholders Equity	78.4M	31.7M	50.7M	20.5M	142.0M	86.9M
Other Current Assets	39.0B	592.8K	885.9K	3.4M	56.7M	53.8M
Other Stockholder Equity	58.5M	56.6M	56.6M	67.0M	206.3M	216.7M
Total Liab	30.3M	14.4M	38.4M	11.6M	3.6M	3.4M
Total Current Assets	49.9M	30.1M	50.6M	20.7M	142.0M	72.4M
Accumulated Other Comprehensive Income	(7.0M)	(3.1M)	(1.6M)	(3.8M)	(4.1M)	(3.9M)
Common Stock	5.0K	5.0K	5.0K	7.0K	43.8K	46.0K
Net Tangible Assets	48.1M	17.3M	12.3M	8.7M	7.9M	7.5M
Non Current Liabilities Total	20.1M	4.4M	0.0	11.6M	3.2M	3.0M
Net Invested Capital	68.1M	27.3M	12.3M	8.7M	138.4M	145.3M
Net Working Capital	39.8M	15.7M	12.2M	9.1M	138.4M	145.3M
Property Plant Equipment	1.3M	763.6K	66.9K	55.4K	49.9K	47.4K
Inventory	(39.0B)	(14.4M)	7.8M	1.7M	191.2K	200.8K

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When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health'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 Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:

How To Invest In Akso

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Is Akso Stock a good investment?

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What is Akso Health's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.21)

Revenue Per Share

0.051

Quarterly Revenue Growth

0.148

Return On Assets

(0.07)

Return On Equity

(0.12)

The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.

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Akso Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

Akso Health fundamental ratios Correlations

Akso Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Akso Health fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Liab	+ 1.0	Intangible Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding
Total Current Assets	+ 0.96	Cash
Total Current Assets	+ 0.96	Cash And Short Term Investments

Common Stock	- 0.96	Non Currrent Assets Other
Other Liab	- 0.95	Common Stock
Intangible Assets	- 0.95	Common Stock
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Non Currrent Assets Other	- 0.95	Common Stock Shares Outstanding