AND Stock | | | CAD 42.80 0.16 0.38% |
Andlauer Healthcare financial indicator trend analysis is way more than just evaluating Andlauer Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andlauer Healthcare is a good investment. Please check the relationship between Andlauer Healthcare Ebitda and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Andlauer Healthcare Ebitda account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Andlauer Healthcare's Ebitda and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Andlauer Healthcare Gr, assuming nothing else is changed. The correlation between historical values of Andlauer Healthcare's Ebitda 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 Ebitda of Andlauer Healthcare Gr 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 Ebitda i.e., Andlauer Healthcare's Ebitda and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax which can also be referred as pre-tax income is reported on Andlauer Healthcare income statement and is an important metric when analyzing Andlauer 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 Andlauer Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andlauer 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 Andlauer Healthcare Gr. 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.
At this time, Andlauer Healthcare's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of November 2024,
Enterprise Value Multiple is likely to grow to 14.88, while
Tax Provision is likely to drop about 16.2
M.
Balance Sheet is a snapshot of the
financial position of Andlauer Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Andlauer Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andlauer Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Andlauer currently owns. An asset can also be divided into two categories, current and non-current.