Alzamend Income Before Tax vs Cost Of Revenue Analysis

ALZN Stock

USD 1.31 0.01 0.77%

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

To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alzamend Neuro Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Alzamend Neuro's Income Before Tax and Cost Of Revenue is -0.4. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Alzamend Neuro, assuming nothing else is changed. The correlation between historical values of Alzamend Neuro's Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Alzamend Neuro are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Alzamend Neuro's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Alzamend Neuro income statement and is an important metric when analyzing Alzamend Neuro 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.

Cost Of Revenue

Cost of Revenue is found on Alzamend Neuro income statement and represents the costs associated with goods and services Alzamend Neuro provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Alzamend Neuro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alzamend Neuro 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 Alzamend Neuro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.At this time, Alzamend Neuro's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Issuance Of Capital Stock is likely to grow to about 5.7 M, though Enterprise Value Over EBITDA is likely to grow to (0.45).

Alzamend Neuro fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Deferred Long Term Liab	Total Current Assets	Common Stock	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital
Total Current Liabilities		0.31	-0.95	0.98	0.14	-0.27	-0.78	0.1	-0.19	0.03	0.66	0.97	-0.18	-0.72	-0.12	0.14	0.14	0.83	-0.75	-0.96	-0.79	0.79	0.86	-0.16	-0.54	-0.19
Net Tangible Assets	0.31		-0.56	0.43	-0.08	0.0	-0.19	0.92	0.46	0.88	0.67	0.22	0.79	-0.7	-0.91	0.92	0.92	0.68	-0.69	-0.21	-0.65	0.76	0.21	0.81	0.16	0.78
Retained Earnings	-0.95	-0.56		-0.97	-0.01	0.19	0.72	-0.34	0.02	-0.25	-0.82	-0.91	-0.05	0.86	0.34	-0.36	-0.36	-0.93	0.88	0.92	0.89	-0.91	-0.82	-0.07	0.44	-0.03
Accounts Payable	0.98	0.43	-0.97		-0.02	-0.1	-0.72	0.23	-0.03	0.14	0.7	0.94	-0.07	-0.75	-0.22	0.24	0.24	0.86	-0.77	-0.94	-0.78	0.84	0.84	-0.05	-0.44	-0.08
Other Assets	0.14	-0.08	-0.01	-0.02		-0.79	-0.12	-0.13	-0.39	0.05	-0.08	0.16	-0.01	0.06	-0.07	0.06	0.06	0.14	0.05	-0.05	-0.13	0.07	0.22	-0.01	-0.08	-0.01
Net Receivables	-0.27	0.0	0.19	-0.1	-0.79		0.15	0.03	0.23	-0.13	-0.28	-0.2	-0.08	0.29	0.15	-0.16	-0.16	-0.24	0.29	0.19	0.31	-0.24	-0.19	-0.09	0.07	-0.07
Deferred Long Term Liab	-0.78	-0.19	0.72	-0.72	-0.12	0.15		0.16	0.59	0.22	-0.35	-0.79	0.38	0.45	-0.14	0.12	0.12	-0.5	0.52	0.73	0.72	-0.42	-0.5	0.36	0.85	0.4
Total Current Assets	0.1	0.92	-0.34	0.23	-0.13	0.03	0.16		0.75	0.98	0.56	-0.01	0.94	-0.58	-0.98	0.98	0.98	0.5	-0.54	-0.01	-0.38	0.66	0.05	0.95	0.52	0.94
Common Stock	-0.19	0.46	0.02	-0.03	-0.39	0.23	0.59	0.75		0.72	0.27	-0.28	0.76	-0.27	-0.68	0.67	0.67	0.08	-0.2	0.18	0.13	0.32	-0.16	0.75	0.86	0.76
Total Assets	0.03	0.88	-0.25	0.14	0.05	-0.13	0.22	0.98	0.72		0.49	-0.08	0.98	-0.52	-1.0	0.99	0.99	0.44	-0.47	0.08	-0.33	0.6	-0.01	0.98	0.58	0.97
Short Long Term Debt Total	0.66	0.67	-0.82	0.7	-0.08	-0.28	-0.35	0.56	0.27	0.49		0.6	0.35	-0.98	-0.55	0.58	0.58	0.85	-0.97	-0.67	-0.85	0.88	0.6	0.38	-0.1	0.34
Other Current Liab	0.97	0.22	-0.91	0.94	0.16	-0.2	-0.79	-0.01	-0.28	-0.08	0.6		-0.29	-0.65	-0.01	0.03	0.03	0.79	-0.69	-0.98	-0.75	0.73	0.9	-0.28	-0.58	-0.31
Total Stockholder Equity	-0.18	0.79	-0.05	-0.07	-0.01	-0.08	0.38	0.94	0.76	0.98	0.35	-0.29		-0.36	-0.95	0.95	0.95	0.25	-0.31	0.28	-0.15	0.42	-0.21	1.0	0.68	1.0
Current Deferred Revenue	-0.72	-0.7	0.86	-0.75	0.06	0.29	0.45	-0.58	-0.27	-0.52	-0.98	-0.65	-0.36		0.58	-0.6	-0.6	-0.84	1.0	0.71	0.89	-0.91	-0.58	-0.39	0.12	-0.35
Net Debt	-0.12	-0.91	0.34	-0.22	-0.07	0.15	-0.14	-0.98	-0.68	-1.0	-0.55	-0.01	-0.95	0.58		-1.0	-1.0	-0.52	0.54	0.01	0.41	-0.67	-0.07	-0.96	-0.51	-0.95
Cash	0.14	0.92	-0.36	0.24	0.06	-0.16	0.12	0.98	0.67	0.99	0.58	0.03	0.95	-0.6	-1.0		1.0	0.54	-0.57	-0.03	-0.44	0.69	0.08	0.95	0.49	0.94
Cash And Short Term Investments	0.14	0.92	-0.36	0.24	0.06	-0.16	0.12	0.98	0.67	0.99	0.58	0.03	0.95	-0.6	-1.0	1.0		0.54	-0.57	-0.03	-0.44	0.69	0.08	0.95	0.49	0.94
Common Stock Total Equity	0.83	0.68	-0.93	0.86	0.14	-0.24	-0.5	0.5	0.08	0.44	0.85	0.79	0.25	-0.84	-0.52	0.54	0.54		-0.84	-0.78	-0.85	0.94	0.84	0.27	-0.27	0.23
Common Stock Shares Outstanding	-0.75	-0.69	0.88	-0.77	0.05	0.29	0.52	-0.54	-0.2	-0.47	-0.97	-0.69	-0.31	1.0	0.54	-0.57	-0.57	-0.84		0.73	0.91	-0.91	-0.59	-0.34	0.19	-0.3
Non Current Liabilities Total	-0.96	-0.21	0.92	-0.94	-0.05	0.19	0.73	-0.01	0.18	0.08	-0.67	-0.98	0.28	0.71	0.01	-0.03	-0.03	-0.78	0.73		0.73	-0.75	-0.88	0.26	0.52	0.3
Other Current Assets	-0.79	-0.65	0.89	-0.78	-0.13	0.31	0.72	-0.38	0.13	-0.33	-0.85	-0.75	-0.15	0.89	0.41	-0.44	-0.44	-0.85	0.91	0.73		-0.81	-0.63	-0.18	0.47	-0.14
Other Stockholder Equity	0.79	0.76	-0.91	0.84	0.07	-0.24	-0.42	0.66	0.32	0.6	0.88	0.73	0.42	-0.91	-0.67	0.69	0.69	0.94	-0.91	-0.75	-0.81		0.72	0.44	-0.05	0.41
Total Liab	0.86	0.21	-0.82	0.84	0.22	-0.19	-0.5	0.05	-0.16	-0.01	0.6	0.9	-0.21	-0.58	-0.07	0.08	0.08	0.84	-0.59	-0.88	-0.63	0.72		-0.2	-0.4	-0.22
Net Invested Capital	-0.16	0.81	-0.07	-0.05	-0.01	-0.09	0.36	0.95	0.75	0.98	0.38	-0.28	1.0	-0.39	-0.96	0.95	0.95	0.27	-0.34	0.26	-0.18	0.44	-0.2		0.67	1.0
Capital Stock	-0.54	0.16	0.44	-0.44	-0.08	0.07	0.85	0.52	0.86	0.58	-0.1	-0.58	0.68	0.12	-0.51	0.49	0.49	-0.27	0.19	0.52	0.47	-0.05	-0.4	0.67		0.69
Net Working Capital	-0.19	0.78	-0.03	-0.08	-0.01	-0.07	0.4	0.94	0.76	0.97	0.34	-0.31	1.0	-0.35	-0.95	0.94	0.94	0.23	-0.3	0.3	-0.14	0.41	-0.22	1.0	0.69

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Alzamend Neuro Account Relationship Matchups

Alzamend Neuro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	992.3K	899.6K	1.2M	2.9M	3.2M	3.4M
Net Tangible Assets	821.6K	2.0M	13.4M	3.0M	3.5M	3.3M
Retained Earnings	(11.8M)	(16.8M)	(29.2M)	(44.1M)	(54.0M)	(51.3M)
Accounts Payable	929.6K	503.6K	1.2M	2.9M	2.9M	3.1M
Net Receivables	424.4K	285.4K	194.3K	16.2K	14.6K	13.9K
Total Current Assets	1.8M	2.9M	14.4M	5.8M	455.2K	432.5K
Common Stock	6.5K	6.7K	9.5K	9.7K	69.0	65.55
Total Assets	1.8M	2.9M	14.5M	5.9M	631.6K	600.0K
Other Current Liab	62.7K	60.7K	2.1K	2.9M	3.2M	3.4M
Total Stockholder Equity	821.7K	2.0M	13.4M	3.0M	(2.6M)	(2.5M)
Net Debt	(90.2K)	(1.6M)	(14.1M)	(5.1M)	(75.3K)	(79.1K)
Cash	90.3K	1.9M	14.1M	5.1M	376.0K	357.2K
Cash And Short Term Investments	90.3K	1.9M	14.1M	5.1M	376.0K	357.2K
Common Stock Total Equity	6.5K	6.7K	9.5K	9.7K	11.1K	8.5K
Liabilities And Stockholders Equity	1.8M	2.9M	14.5M	5.9M	631.6K	600.0K
Other Current Assets	1.5M	614.6K	349.7K	694.9K	79.2K	75.2K
Other Stockholder Equity	27.6M	33.7M	57.4M	62.0M	51.4M	46.7M
Total Liab	992.3K	899.6K	1.2M	2.9M	3.2M	1.9M
Net Invested Capital	821.6K	2.3M	13.4M	3.0M	(2.3M)	(2.2M)
Capital Stock	6.6K	6.8K	9.5K	9.7K	69.0	65.55
Net Working Capital	821.7K	2.0M	13.2M	3.0M	(2.8M)	(2.6M)

Pair Trading with Alzamend Neuro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alzamend Neuro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alzamend Neuro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alzamend Stock

0.9

VALN

Valneva SE ADR

Pair Corr

Moving against Alzamend Stock

0.47	KZR	Kezar Life Sciences	Pair Corr
0.42	MLYS	Mineralys Therapeutics,	Pair Corr
0.39	NXGLW	NexGel Warrant	Pair Corr
0.35	RNXT	RenovoRx	Pair Corr

The ability to find closely correlated positions to Alzamend Neuro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alzamend Neuro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alzamend Neuro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alzamend Neuro to buy it.

The correlation of Alzamend Neuro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alzamend Neuro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alzamend Neuro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Alzamend Neuro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Alzamend Neuro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alzamend Neuro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alzamend Neuro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alzamend Neuro Stock:

How To Invest In Alzamend

Details

Is Alzamend Stock a good investment?

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What is Alzamend Neuro's Net Worth?

Details

Largest Biotechnology Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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

To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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

Earnings Share

(142.87)

Return On Assets

(2.14)

Return On Equity

(44.08)

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

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Cost Of Revenue

Alzamend Neuro fundamental ratios Correlations

Alzamend Neuro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alzamend Neuro fundamental ratios Accounts

Pair Trading with Alzamend Neuro

Moving together with Alzamend Stock

Moving against Alzamend Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity
Common Stock Shares Outstanding	+ 1.0	Current Deferred Revenue
Cash And Short Term Investments	+ 1.0	Cash
Net Working Capital	+ 1.0	Net Invested Capital
Cash	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Assets
Non Current Liabilities Total	- 0.98	Other Current Liab
Current Deferred Revenue	- 0.98	Short Long Term Debt Total
Net Debt	- 0.98	Total Current Assets