Apiam Research Development vs Income Before Tax Analysis

AHX Stock

0.42 0.01 2.33%

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

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apiam Animal Health Research Development account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Apiam Animal's Research Development and Income Before Tax is -0.21. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Apiam Animal Health, assuming nothing else is changed. The correlation between historical values of Apiam Animal's Research Development 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 Research Development of Apiam Animal Health 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 Research Development i.e., Apiam Animal's Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Income Before Tax

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

Selling General Administrative is likely to gain to about 109.5 M in 2025, whereas Tax Provision is likely to drop slightly above 1.5 M in 2025.

	2022	2023	2024	2025 (projected)
EBITDA	17.1M	23.5M	27.1M	28.4M
Other Operating Expenses	184.9M	157.9M	181.6M	117.5M

Ebitda Other Operating Expenses

Apiam Animal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Short Long Term Debt Total	Net Tangible Assets	Property Plant And Equipment Net
Total Assets		0.98	0.97	1.0	0.72	0.65	0.3	-0.24	0.36	0.45	0.81	0.32	0.13	-0.14	1.0	0.7	-0.11	0.77	0.55	0.31	0.39	0.84	0.77	0.5	-0.53	0.51
Other Current Liab	0.98		0.99	0.97	0.66	0.69	0.18	-0.2	0.32	0.5	0.77	0.37	0.22	-0.15	0.99	0.64	-0.16	0.81	0.57	0.28	0.43	0.78	0.79	0.54	-0.58	0.55
Total Current Liabilities	0.97	0.99		0.96	0.64	0.69	0.17	-0.15	0.41	0.5	0.78	0.35	0.24	-0.27	0.97	0.63	-0.19	0.87	0.61	0.35	0.44	0.77	0.77	0.52	-0.56	0.52
Total Stockholder Equity	1.0	0.97	0.96		0.76	0.61	0.35	-0.28	0.42	0.39	0.85	0.28	0.07	-0.12	0.98	0.74	-0.08	0.76	0.5	0.3	0.34	0.87	0.73	0.45	-0.48	0.46
Other Liab	0.72	0.66	0.64	0.76		0.02	0.8	-0.69	0.48	-0.29	0.91	-0.37	-0.51	0.2	0.68	1.0	0.52	0.37	-0.04	0.07	-0.34	0.98	0.21	-0.19	0.17	-0.16
Retained Earnings	0.65	0.69	0.69	0.61	0.02		-0.38	0.21	0.03	0.87	0.32	0.87	0.66	-0.3	0.67	-0.01	-0.8	0.73	0.65	0.15	0.74	0.2	0.93	0.94	-0.9	0.93
Accounts Payable	0.3	0.18	0.17	0.35	0.8	-0.38		-0.7	0.26	-0.61	0.59	-0.6	-0.81	0.47	0.25	0.81	0.68	-0.14	-0.41	-0.13	-0.63	0.71	-0.17	-0.49	0.47	-0.45
Cash	-0.24	-0.2	-0.15	-0.28	-0.69	0.21	-0.7		-0.21	0.51	-0.58	0.48	0.71	-0.66	-0.2	-0.69	-0.52	0.12	0.61	0.6	0.62	-0.6	0.14	0.37	-0.39	0.35
Other Assets	0.36	0.32	0.41	0.42	0.48	0.03	0.26	-0.21		-0.14	0.56	-0.26	-0.2	-0.34	0.31	0.47	0.15	0.47	0.07	0.22	-0.03	0.45	-0.07	-0.2	0.18	-0.23
Long Term Debt	0.45	0.5	0.5	0.39	-0.29	0.87	-0.61	0.51	-0.14		-0.04	0.93	0.79	-0.41	0.5	-0.32	-0.82	0.57	0.79	0.29	0.93	-0.1	0.81	0.94	-0.97	0.91
Net Receivables	0.81	0.77	0.78	0.85	0.91	0.32	0.59	-0.58	0.56	-0.04		-0.09	-0.31	0.02	0.78	0.9	0.21	0.6	0.14	0.12	-0.14	0.94	0.44	0.1	-0.08	0.1
Good Will	0.32	0.37	0.35	0.28	-0.37	0.87	-0.6	0.48	-0.26	0.93	-0.09		0.73	-0.23	0.37	-0.39	-0.87	0.39	0.62	0.13	0.83	-0.19	0.8	0.98	-0.95	0.97
Inventory	0.13	0.22	0.24	0.07	-0.51	0.66	-0.81	0.71	-0.2	0.79	-0.31	0.73		-0.64	0.18	-0.52	-0.78	0.52	0.73	0.41	0.81	-0.36	0.51	0.7	-0.68	0.67
Other Stockholder Equity	-0.14	-0.15	-0.27	-0.12	0.2	-0.3	0.47	-0.66	-0.34	-0.41	0.02	-0.23	-0.64		-0.15	0.2	0.39	-0.64	-0.75	-0.81	-0.51	0.12	-0.18	-0.23	0.26	-0.18
Total Liab	1.0	0.99	0.97	0.98	0.68	0.67	0.25	-0.2	0.31	0.5	0.78	0.37	0.18	-0.15		0.66	-0.15	0.78	0.58	0.32	0.43	0.81	0.8	0.54	-0.58	0.55
Long Term Investments	0.7	0.64	0.63	0.74	1.0	-0.01	0.81	-0.69	0.47	-0.32	0.9	-0.39	-0.52	0.2	0.66		0.53	0.35	-0.06	0.07	-0.36	0.98	0.19	-0.21	0.19	-0.19
Short Long Term Debt	-0.11	-0.16	-0.19	-0.08	0.52	-0.8	0.68	-0.52	0.15	-0.82	0.21	-0.87	-0.78	0.39	-0.15	0.53		-0.41	-0.49	-0.07	-0.75	0.37	-0.61	-0.82	0.76	-0.8
Total Current Assets	0.77	0.81	0.87	0.76	0.37	0.73	-0.14	0.12	0.47	0.57	0.6	0.39	0.52	-0.64	0.78	0.35	-0.41		0.74	0.52	0.55	0.5	0.68	0.53	-0.54	0.49
Short Term Debt	0.55	0.57	0.61	0.5	-0.04	0.65	-0.41	0.61	0.07	0.79	0.14	0.62	0.73	-0.75	0.58	-0.06	-0.49	0.74		0.8	0.8	0.12	0.67	0.68	-0.74	0.65
Intangible Assets	0.31	0.28	0.35	0.3	0.07	0.15	-0.13	0.6	0.22	0.29	0.12	0.13	0.41	-0.81	0.32	0.07	-0.07	0.52	0.8		0.42	0.15	0.22	0.17	-0.23	0.15
Common Stock	0.39	0.43	0.44	0.34	-0.34	0.74	-0.63	0.62	-0.03	0.93	-0.14	0.83	0.81	-0.51	0.43	-0.36	-0.75	0.55	0.8	0.42		-0.16	0.63	0.8	-0.86	0.79
Property Plant Equipment	0.84	0.78	0.77	0.87	0.98	0.2	0.71	-0.6	0.45	-0.1	0.94	-0.19	-0.36	0.12	0.81	0.98	0.37	0.5	0.12	0.15	-0.16		0.39	0.0	-0.02	0.03
Deferred Long Term Liab	0.77	0.79	0.77	0.73	0.21	0.93	-0.17	0.14	-0.07	0.81	0.44	0.8	0.51	-0.18	0.8	0.19	-0.61	0.68	0.67	0.22	0.63	0.39		0.9	-0.88	0.9
Short Long Term Debt Total	0.5	0.54	0.52	0.45	-0.19	0.94	-0.49	0.37	-0.2	0.94	0.1	0.98	0.7	-0.23	0.54	-0.21	-0.82	0.53	0.68	0.17	0.8	0.0	0.9		-0.97	0.99
Net Tangible Assets	-0.53	-0.58	-0.56	-0.48	0.17	-0.9	0.47	-0.39	0.18	-0.97	-0.08	-0.95	-0.68	0.26	-0.58	0.19	0.76	-0.54	-0.74	-0.23	-0.86	-0.02	-0.88	-0.97		-0.96
Property Plant And Equipment Net	0.51	0.55	0.52	0.46	-0.16	0.93	-0.45	0.35	-0.23	0.91	0.1	0.97	0.67	-0.18	0.55	-0.19	-0.8	0.49	0.65	0.15	0.79	0.03	0.9	0.99	-0.96

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Apiam Animal Account Relationship Matchups

Apiam Animal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	157.3M	199.2M	246.0M	255.8M	230.2M	181.6M
Other Current Liab	10.9M	14.7M	16.9M	20.4M	18.4M	13.1M
Total Current Liabilities	24.4M	28.8M	33.3M	33.7M	30.4M	24.5M
Total Stockholder Equity	79.8M	108.6M	117.9M	122.0M	109.8M	94.9M
Other Liab	1.3M	2.1M	4.7M	4.8M	4.3M	4.1M
Retained Earnings	11.6M	13.8M	15.3M	18.5M	21.2M	22.3M
Accounts Payable	6.2M	5.7M	6.3M	6.1M	5.5M	7.6M
Cash	2.2M	2.8M	3.2M	1.8M	2.0M	1.8M
Long Term Debt	34.9M	39.2M	66.1M	64.3M	57.8M	45.7M
Net Receivables	13.5M	13.6M	14.0M	13.4M	12.0M	16.3M
Good Will	86.5M	113.3M	145.3M	150.1M	172.6M	181.3M
Inventory	16.0M	17.8M	15.5M	15.1M	17.4M	12.7M
Other Stockholder Equity	(112.6M)	(141.0M)	(150.2M)	(1.0)	(0.9)	(0.94)
Total Liab	76.5M	90.5M	128.1M	133.7M	120.4M	86.3M
Long Term Investments	220K	271K	274K	273K	245.7K	233.4K
Short Long Term Debt	3.4M	2.8M	2.9M	2.9M	2.6M	2.5M
Total Current Assets	33.3M	35.9M	34.7M	32.5M	29.3M	29.0M
Short Term Debt	5.7M	6.5M	7.9M	5.9M	5.3M	5.1M
Intangible Assets	95.3M	126.9M	163.6M	17.5M	20.1M	19.1M
Common Stock	101.0M	127.2M	134.8M	135.8M	122.2M	94.5M
Property Plant Equipment	19.8M	24.5M	31.6M	43.8M	39.4M	37.5M
Deferred Long Term Liab	2.1M	2.0M	1.5M	3.3M	3.8M	4.0M
Short Long Term Debt Total	55.0M	63.4M	98.0M	101.8M	117.0M	122.9M
Net Tangible Assets	(14.7M)	(13.2M)	(16.8M)	(42.4M)	(38.2M)	(36.3M)
Property Plant And Equipment Net	25.0M	31.6M	43.8M	51.0M	58.7M	61.6M
Net Debt	52.9M	60.5M	94.9M	100.0M	115.0M	120.8M
Non Current Assets Total	124.0M	163.3M	211.3M	223.3M	256.8M	269.6M
Non Currrent Assets Other	(86.5M)	(113.3M)	(145.3M)	17.5M	15.7M	16.5M
Cash And Short Term Investments	2.2M	2.8M	3.2M	1.8M	2.0M	2.3M
Common Stock Shares Outstanding	124.0M	138.1M	177.8M	182.0M	209.3M	132.7M
Liabilities And Stockholders Equity	157.3M	199.2M	246.0M	255.8M	294.1M	160.4M
Non Current Liabilities Total	52.1M	61.7M	94.9M	100.0M	115.0M	120.8M
Other Current Assets	2.8M	1.6M	2.1M	2.2M	2.6M	2.0M
Property Plant And Equipment Gross	41.5M	54.8M	72.8M	85.4M	98.2M	103.1M
Accumulated Other Comprehensive Income	(32.8M)	(32.5M)	(32.3M)	(32.2M)	(37.0M)	(38.9M)
Current Deferred Revenue	16K	19K	1.2M	1.8M	2.0M	2.1M
Long Term Debt Total	45.0M	49.3M	56.9M	90.1M	103.6M	108.8M
Capital Lease Obligations	17.3M	21.3M	29.0M	37.5M	43.1M	45.3M

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